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Eli Broad, billionaire who poured wealth into reshaping L A , dies at 87

Eli Broad, billionaire who poured wealth into reshaping L.A., dies at 87 Elaine Woo © (Genaro Molina / Los Angeles Times) Eli Broad stands inside the Broad, his contemporary art museum on Grand Avenue in Los Angeles, in 2015. (Genaro Molina / Los Angeles Times) Eli Broad made his billions building homes, and then he used that wealth and the considerable collection of world-class modern art he assembled with his wife to shape the city around him. Dogged, determined and often unyielding, he helped push and prod majestic institutions such as Walt Disney Concert Hall and the Museum of Contemporary Art into existence, and then, that done, he created his own namesake museum in the heart of Los Angeles.

Eli Broad, Billionaire Entrepreneur Who Reshaped LA, Dies at 87

Eli Broad, Billionaire Entrepreneur Who Reshaped LA, Dies at 87 Suzi Emmerling, a spokeswoman for the Eli and Edythe Broad Foundation, confirmed his death to The New York Times. She told the newspaper that Broad died at Cedars-Sinai Medical Center after a long illness. By Alex Veiga • Updated 3 hours ago Getty Images for MOCA Eli Broad, the billionaire philanthropist, contemporary art collector and entrepreneur who co-founded homebuilding pioneer Kaufman and Broad Inc. and launched financial services giant SunAmerica Inc., died Friday in Los Angeles. He was 87. Suzi Emmerling, a spokeswoman for the Eli and Edythe Broad Foundation, confirmed his death to The New York Times. She told the newspaper that Broad died at Cedars-Sinai Medical Center after a long illness.

Eli Broad, who helped reshape the cultural landscape of Los Angeles, has died, aged 87

The philanthropist Eli Broad Ryan Miller © Capture Imaging Eli Broad, the billionaire art collector, businessman and philanthropist who played an outsize role in transforming the cultural landscape of Los Angeles, has died, aged 87. Among other ambitious undertakings, he co-founded the art institution known as the Broad which has become one of the most popular museums on the West Coast with his wife Edythe, who survives him along with their two sons. The Eli and Edythe Broad Foundation said he died on Friday at a Los Angeles hospital and did not specify a cause. Broad amassed his fortune through his real estate and insurance businesses, and as a philanthropist, his imprint on the arts in Los Angeles is unparalleled. In the 1970s he was the founding chairman of the Museum of Contemporary Art (MOCA), and in 2008 he gifted the institution $30m to bail it out financially. He referred to the moment as MOCA’s “rebirth”.

Philanthropist and art collector Eli Broad dies at age 87

Philanthropist and art collector Eli Broad dies at age 87 Published  LOS ANGELES - Businessman, philanthropist and art collector Eli Broad, who left an indelible imprint on Los Angeles cultural scene, died Friday. He was 87. Broad died at Cedars-Sinai Medical Center following a long illness, according to Suzi Emmerling, spokeswoman for the Eli and Edythe Broad Foundation. A New York native, Broad parlayed a loan from his in-laws into a homebuilding empire with partner Donald Kaufman that began in Detroit in the late 1950s but migrated to Los Angeles in 1963. That company, Kaufman and Broad Home Corp., grew into what is now known as KB Home.

Billionaire Michigan State University alumnus, philanthropist Eli Broad dies at 87

Billionaire Michigan State University alumnus, philanthropist Eli Broad dies at 87 Updated 12:33 PM; Today 12:33 PM In this Oct. 17, 2007, file photo, Eli Broad, founder of SunAmerica Inc. and KB Home speaks after receiving the Carnegie Medal of Philanthropy in Pittsburgh. Eli Broad, the billionaire philanthropist, contemporary art collector and entrepreneur who co-founded homebuilding pioneer Kaufman and Broad Inc. and launched financial services giant SunAmerica Inc., died Friday, April 30, 2021 in Los Angeles. He was 87. (AP Photo/Keith Srakocic, File) Facebook Share EAST LANSING, MI Billionaire and philanthropist Eli Broad died Friday, April 30, after a long illness at Cedars-Sinai Medical Center in Los Angeles at the age of 87.

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