Tuesday

$450 million Art Gift

The Museum of Fine Arts, Houston will soon get the largest cash gift to a fine arts museum ever. Caroline Wiess Law, the daughter of one of Humble Oil's founders, made the museum the prime beneficiary of her assets - between 400 and 450 million dollars. Soon after Law died in 2003, aged 85, her estate also gave the museum her contemporary art collection valued at between 60 and 85 million dollars. The 55 major works include pieces by Andy Warhol, Pablo Picasso and Joan Miro. For the full story - click the title Irish Art