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In the Arts, Is It Breaking Big, or Selling Out?
  + stars: | 2024-05-02 | by ( Farah Nayeri | ) www.nytimes.com   time to read: +1 min
The 11-foot sculpture looks like something out of a comic strip: a luxury handbag perched on skinny legs and matched with high-end sneakers. The work is by the Austrian-born artist Erwin Wurm, and it represents accessories from the collections of Lanvin, the French fashion house. “Desire” (the title of the sculpture) was commissioned by Lanvin and unveiled in Beijing in early April. “I made this piece because it fit into my series,” Wurm, 69, said in a phone interview, referring to his “walking bag” sculptures, which parody women’s contemporary passion for handbags. “I reduce females to long legs and shoes and handbags.
Persons: Erwin Wurm, , , Lanvin, ” Wurm Organizations: Shanghai —, Fosun Foundation, Fosun Locations: Austrian, Beijing, Shanghai
The firm and the foundation are twin enterprises of Republican megadonor Jeff Yass, and a small group of allies. The foundation is run by Yass and other veteran Susquehanna executives, according to the documents that are current through 2022. The Susquehanna Foundation is one of two foundations that Yass and his closest friends have funded and led. The other foundation is even less well known: the Claws Foundation. Similar to Susquehanna, Claws is the charitable arm of one person: Arthur Dantchik, a co-founder of Susquehanna International Group with Yass, is the sole listed donor to Claws Foundation.
Persons: Jeff Yass, Arthur Dantchik, Dantchik, Brendan Fischer, Summer Lee, Donald Trump, Jeffrey Yass Organizations: Republican, Susquehanna Foundation, Susquehanna International Group, Susquehanna, Claws Foundation, Susquehanna International, Sterling Foundation Management, CNBC, Cato Institute, Institute for Justice, Supreme, Atlas Network, Competitive Enterprise, Competitive Enterprise Institute, Susquehanna Growth Equity Fund III, Moderate PAC, Democratic Rep, Politico, Democratic Locations: Yass, Bala Cynwyd, Pennsylvania, Susquehanna, Virginia, Dantchik, Washington, Pitchbook
New York CNN —Warren Buffett is donating about $870 million to four family-run foundations ahead of the Thanksgiving holiday, continuing a tradition of giving away his massive wealth of about $120 billion. The donations are in the form of shares, with a release from his Berkshire Hathaway conglomerate detailing that 1.5 million shares are going to the Susan Thompson Buffett Foundation, which is named after his wife. Another 900,000 shares are being divided evenly among three charities run by his children. He named Greg Abel, the head of Berkshire Hathaway’s non-insurance business, as his successor in 2021. Berkshire Hathaway recently reported a surge in third-quarter operating earnings and a record-high cash pile of $157 billion.
Persons: New York CNN — Warren Buffett, Susan Thompson Buffett, Buffett, , He’s, , , Greg Abel, Berkshire Hathaway Organizations: New, New York CNN, Berkshire Hathaway, Susan Thompson Buffett Foundation, Berkshire Hathaway’s, Berkshire Locations: New York, Berkshire, United States
NEW YORK (AP) — Inside the U.N.'s gates, world leaders use the spotlight to talk — to each other and the entire planet. Nonprofit organizations send their senior leaders to the sidelines of the U.N. General Assembly at significant expense to make sure their voices are heard in the right rooms. It was one of some 40 events the Ford Foundation hosted connected to General Assembly week, flexing its power to convene. The sidelines of the General Assembly first began drawing major crowds in 2014, when a U.N. The framework, he said, helps groups “to focus on a pretty specific action that might feel small given the SDGs but still has impact.
Persons: , Elizabeth Cousens, , ’ ”, Monica Aleman, She’ll, James Baldwin, Protesters, Keya Chatterjee, Chatterjee, Joe Biden, Antonio Guterres, Melinda Gates, Mark Suzman, ” Suzman, Atul Tandon, Zia Khan Organizations: Nonprofit, General, UN Foundation, Sustainable, Ford Foundation, Assembly, Climate Summit, Melinda Gates Foundation, Gates Foundation, Opportunity International, The Rockefeller Foundation, Brookings Institution, Lilly Endowment Inc, AP Locations: New York City, U.S, Manhattan, Washington, United States, China, India, Russia, United Kingdom, France, South Africa
Bill Gates and ex-wife Melinda French Gates hope to keep their foundation running for 25 more years, at which point he'll be 91 and French Gates will be 83. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyThe Bill & Melinda Gates Foundation has been around for 25 years, and Bill Gates says that's just its halfway mark. Gates and Melinda French Gates established the philanthropic organization in 2000. In 25 years, Gates will be 91 years old, and French Gates will be 83. Alongside Warren Buffett, Gates and French Gates in 2010 created the Giving Pledge, which asks billionaires to publicly commit to give most of their wealth away to philanthropic efforts either during their lifetimes or in their wills.
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