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Eli Broad, an unexpected—and often unreasonable—arts patron

Many people in the art world wish that contemporary art were taken more seriously by the rest of society, by people in different fields who are not even drawn to art. They dream about politicians, policy makers, educators and philanthropists alike recognising its value.  They have been dreaming, maybe without ever realising it, about Eli Broad, the self-made homebuilding billionaire who was, until his death on 30 April, Los Angeles’s most prominent arts patron without exhibiting any particular affinity for or sensitivity to visual art. To be fair, he was a dedicated art collector, buying thousands of works by major artists over the course of several decades and ultimately building a museum in Los Angeles, the Broad, to showcase them. He clearly appreciated contemporary art as a financial investment, as a philanthropic tool and as a public good that could play a dynamic role in revitalising cities, including his beloved downtown Los Angeles.

Eli Broad dead at 87; billionaire spent big to reshape L A

Print 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. With a fortune estimated by Forbes at $6.9 billion, the New York native who made California his home more than 50 years ago flourished in the home construction and insurance industries before directing his attention and fortune toward an array of ambitious civic projects, often setting the agenda for what was to come in L.A.

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 who poured wealth into reshaping Los Angeles, dies at 87

Eli Broad, billionaire who poured wealth into reshaping Los Angeles, dies at 87
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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
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