Page 31 - Eli Broad News Today

A shake-up at the California National Guard results in the firing of one general and the suspension of another.

Broad’s imprint on L.A.’s museums and the arts is indelible. He also drove people crazy.

Billionaire Philanthropist Eli Broad Dies at 87 LOS ANGELES—Eli Broad, the billionaire entrepreneur turned philanthropist and art collector, died on Friday at the age of 87. Broad passed away at Cedars-Sinai Medical Center in Los Angeles following a long illness, said Suzi Emmerling, a spokeswoman for the Eli and Edythe Broad Foundation. An accountant by trade who made his fortune in real estate and insurance, Broad helped create The Broad, the Los Angeles museum housing his collection of pos...

Plus, what's going on at the very turbulent MOCA Los Angeles, and Russian artist Yulia Tsvetkova goes on a hunger strike.

I first met Eli Broad in his Century City office. It was on an upper floor of the SunAmerica building – the multi-billion dollar insurance company he built — with views for miles in every direction, mountain, ocean, valley. I marveled at the view, which was fitting for someone who always had a watchful eye on the city he loved. Since Eli died April 30 at age 87, much has been written about his impact on art, education and civic life in L.A. He truly was, as the Los Angeles Times’ Thomas C...

Monday, May 3. I’m Shelby Grad. USC’s $1.1 billion in settlements to about 17,000 former patients of gynecologist George Tyndall was the largest sex-abuse payout in education history. But the payouts vary widely. Women who chose to join a federal class-action suit received far less than those who gambled on individual suits. The results have left some victims exuberant and others feeling cheated. As Matt Hamilton and Harriet Ryan reported, the bitterness comes at what many hoped would be a...

Eli Broad, during the construction of The Broad museum. (Getty) Eli Broad, who founded a multibillion-dollar homebuilding firm and went on to become one of Los Angeles’ most influential and prolific philanthropists, died Friday at 87. He amassed a nearly $7 billion fortune and gave away an estimated $2 billion to support the arts, medical research, education and other endeavors, according to the Los Angeles Times and Associated Press. “Eli Broad, simply put, was L.A.’s most influential pr...

Eli Broad and wife Edythe Broad in 2009. Eli Broad, Los Angeles Philanthropist With Art Trove, Dies at 87 Broad built a fortune of more than $7 billion from two companies, Kaufman & Broad, the first homebuilder to trade on the New York Stock Exchange, and SunAmerica, one of the largest U.S. annuity providers. Christopher Palmeri | May 03, 2021 (Bloomberg) -- Eli Broad, the billionaire businessman who founded two Fortune 500 companies in different industries before becoming one of America...

Advertisement Robert Meyerhoff, a Maryland real-estate developer, and his wife, Jane, promised last year to bequeath their $300 million collection of more than 100 modern art works to Washington’s National Gallery of Art. Irwin Jacobs, chairman and chief executive officer of the San Diego wireless company Qualcomm, and his wife, Joan, pledged $110 million to the University of California-San Diego’s Jacobs School of Engineering, which bears their name. These Jewish couples were among dozens ...

Image Image Joe Tsai of Alibaba is among the backers of a big new effort to counter anti-Asian violence.Credit...Mary Altaffer/Associated Press Corporate America takes on anti-Asian discrimination Top business leaders and corporate giants are pledging $250 million to a new initiative and an ambitious plan to stem a surge in anti-Asian violence and take on challenges that are often ignored by policymakers, Andrew and Ed Lee report in The Times. Donors are a who’s who of business leaders. Indiv...