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Billionaire property and Sun Life insurance mogul turned arts mega-donor Eli Broad dies aged 87


Billionaire property and Sun Life insurance mogul turned arts mega-donor Eli Broad dies aged 87
Broad was the only child of Lithuanian Jewish immigrants, with his family moving to Detroit when he was seven 
Broad passed away at Cedars-Sinai Medical Center in Los Angeles on Friday 
His spokesman said he had suffered a long illness prior to his death
Broad made his billions money in property and insurance
He then lavished hundreds of millions on good causes, including two art museums  ....

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Eli Broad, Jewish billionaire entrepreneur who reshaped LA, dies at 87


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In this Thursday, Jan. 6, 2011, file photo, billionaire Eli Broad attends the unveiling of the Broad Art Foundation contemporary art museum designs in Los Angeles (AP Photo/Jae C. Hong, File)
LOS ANGELES (AP) 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 Associated Press. Emmerling said Broad died at Cedars-Sinai Medical Center after a long illness. No services have been announced. ....

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Remembering Anne Douglas, a woman of charity – The Forward


Anne Buydens Douglas, who died April 29 at age 102, collaborated with her husband Kirk Douglas in extraordinarily generous philanthropic ventures. The couple, both of whom reached their centenary, showed that advanced age can be accompanied by heightened humanistic values.
Born Hannelore Marx in Hanover, Germany, to a family of wealthy industrialists, she acquired business smarts directly from her father. This acumen served her well decades later in 1954 when she married Douglas, a movie star whose finances were in a state of ruins.
By astute dealing and investments, as well as a lucrative art collecting habit, Anne Douglas accumulated dozens of millions of dollars, which she and her husband resolved to donate to a range of charities, from health care and social work to the arts. ....

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