He once spent $9 million buying the guitar of late grunge superstar Kurt Cobain, with plans to use it to raise money for the music industry.
- Philanthropist Peter Freedman’s donation to the Sydney Festival is the largest single donation to the organisation from an individual
- Sydney Festival will spend the donation on new major works and help support Australian artists
- Director Wesley Enoch said philanthropy has been a lifeline this year
Now Sydney philanthropist Peter Freedman has given the Sydney Festival $5 million — the largest single donation from an individual in the event’s history.
“You’ve got to give, I was taught that,” Mr Freedman said.
“To who much is given, much is expected, so that is what I want to do.”
While the arts…