Combining his love for real estate developer and art, Pérez donated $40 million to the institution that is now his namesake — the Pérez Art Museum Miami, or PAMM.
“Cultural institutions have played a critical role in the growth of Miami, with this museum as a leading example,” Pérez said in an interview with CNN.
In his early 20s, Pérez began collecting paintings by Roberto Matta, Diego Rivera, Wifredo Lam, and Joaquin Torres-Garcia. Today 110 works from his private collection are available to the public in the $220 million, three-story, 200,000-square-foot museum, designed by the Pritzker Prize-winning Swiss architects Herzog & de Meuron, according to CNN. [CNN] –Christopher Cameron