Israeli Tycoon Eyal Ofer Donates £10 Million to London's Tate Modern

Israeli shipping magnate says it is a privilege to support London art museum development project.

Israeli shipping magnate Eyal Ofer, who lives in Monaco, recently donated £10 million (NIS 55 million) toward the £215 million expansion project of the Tate Modern museum in London. In appreciation of his donation, the Tate Modern will name the three eastern galleries on the third floor after Ofer.