Opera angel – Two companies benefit

Arts patron Alberto Vilar is giving $24 million to the opera world, including $10 million to the Los Angeles Opera, the Los Angeles Times reported Sept. 13.

The gift to the L.A. Opera, its biggest ever, will fund new productions over the next three years and expand the company’s training and coaching programs for young singers.

Vilar, a new member of the opera’s board, earlier pledged $2 million to the opera, which has named Placido Domingo as its new artistic director.

Vilar also is giving $14 million of the donation will fund productions at the Kirov Opera and Ballet in St. Petersburg, Russia, and establish a New York-based management office to oversee the company’s international activities.

Vilar is president of New York-based Amerindo Investment Advisors, a 21-year-old tech investment firm. The son of a sugar magnate, he was raised in Cuba and Puerto Rico.

For full story, go to the L.A. Times.   

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