Nita Ambani, philanthropist and wife of Asia’s richest person, was named to the board of the largest U.S. art museum after years of supporting exhibitions at the New York City institution. Nita Ambani was elected to become an honorary trustee of the museum. She has been promoting Indian art and culture around the world along with sports and development programs inside the country as the head of the conglomerate’s foundation.
According to the NDTV, the 149-year-old Metropolitan museum draws billionaires, celebrities and millions of visitors a year to see art spanning 5,000 years from around the world. The not-for-profit institution reported revenue, support and transfers of $384.7 million in 2018 at the operating level, down from $385.3 million the previous year, according to its annual report.
Reportedly, Bloomberg Philanthropies, which along with Bloomberg LP is owned by Michael Bloomberg, helps fund the Metropolitan Museum of Art. Mukesh Ambani, the world’s 14th-richest person and Asia’s wealthiest, had a net worth of about $55 billion, according to the Bloomberg Billionaires Index.
