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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 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
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