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Eli Broad, billionaire entrepreneur who reshaped LA, dies Business Related Better LOS ANGELES – 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. It was Broad (pronounced brohd) who provided much of the money and willpower used to reshape Los Angeles’ once moribund downtown into a burgeoning area of expensive lofts, fancy dining establishments and civic structures like the landmark Walt Disney Concert Hall. He opened his own eponymous museum and art lending library, the Broad, in 2015 in the city’s downtown.

New yorkUnited statesMichigan state universityLos angeles county museum of artLos angelesRoy lichtensteinDonald kaufmanSuzi emmerlingWalt disneyRichard riordanEli broadAlex veigaLos angeleGeorge mcgovernLos angeles timesBroad art foundation