Real Estate Billionaire Jorge Perez On Why Cities Need Museums

By Kerry A. Dolan Forbes Staff

Jorge Perez has a bit of an inferiority complex about Miami. He loves the city, but he knows it doesn’t have a world class museum. So he’s trying to change that, with a pledge to give the Miami Art Museum a mix of cash to fund a new building that will bear his name. He’s also donating some of his own collection of Latin American art. Altogether the gift will be worth between $35 million and $40 million, Perez says. I sat down with Perez at the Forbes 400 Summit on Philanthropy, held in New York City in June, to talk about what motivates him to give and why he chose to support Miami’s art museum.

“I have always loved art passionately,” Perez says. He started collecting Latin American art when he left South America as a way to hold on to his culture.

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