The famed Hearst Castle, for example, may be better maintained by an outside operator such as the Getty Museum, the report suggested.

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Moguls have been funding museums for years but usually posthumously--Hearst Castle, the Frick Collection, the quirky Barnes Foundation near Philadelphia, the institution in Los Angeles housing J.

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The idea is to turn the home into a private movie theater like the ones that once were enjoyed only by such well-heeled tycoons as William Randolph Hearst , who famously had a cinema built into his castle at San Simeon.

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