Eli Broad, Billionaire Philanthropist, Dies at 87
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Eli Broad, the successful business leader who later help transform the arts, culture and architecture of Los Angeles, died Friday afternoon at 87.
The Eli and Edythe Broad Foundation, where Broad and his wife Edye have served as full-time philanthropists since 1999, announced Broad’s death.
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Broad amassed his wealth by creating two successful businesses: Kaufman and Broad Home Corporation, which Broad founded in 1957 at age 23 in Detroit, and later turned a life insurance company that he bought into SunAmerica. He bought the company for $52 million in the 1970s and sold it to AIG for $18 billion in 1999.
By Patrick Ochoga & Adeniyi Ifetayo
To grow older is truly a gift. It is a gift of time. When the psalmists said God knows every day that is ordained for us when not one of them existed (Psalm 139), it means God has a purpose, and it is our gift to God to find that purpose and to fulfil it, even if we are into our eighth decade of life or beyond.
Thus there cannot possibly be too many celebrations for this man, who deserves to live up to a thousand years should he wish God, who has watched him transmuted all these years to a fountain of wisdom, blessing to his people and gift to humanity, to preserve him.
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some are suggesting that bloomberg s race comments are out of touch. i think he looks a little rusty. he hasn t run for office in quite a while. he s just been a private billionaire philanthropist. so it seemed like he has a tin ear and he s making these gaffes that are not helping him in a party that is pretty progressive. and he already has the stop-and-frisk policies he had to apologize for. this does not help matters, because he s not going to be in the debates, either. he should be able to nail these interviews. implications on all this, especially with bloomberg struggling to address criticism for his stop-and-frisk program. well i think mayor bloomberg, he has tons of money. but democratic primary voters don t want someone who is going to just buy his way into the presidency. but they also, if he played up
check company. kennedy: i will say i don t think bloomberg is getting into be hammering president trump through a news organization. no. you are obviously being a candidate there are now different campaign finance laws that apply and he can get more. in a $30 million weekend he looks like he will have often more. in three days he spent 21.9 so bloomberg who is dedicated to ensuring that with apple i m in change and the gun violence epidemic in the country is now doing that not only as a billionaire philanthropist but a candidate which is allowing even lower. but here s the problem with that there are already those who are going after those saying it is your newsletter ionization to hammer only your main point but that is campaign finance violations not sure i genuinely believe that