Page 39 - Eli Broad News Today

Jeff Koons says his first 'Balloon Dog' sculpture came into being only with the patience and pocketbook of Eli Broad, who died Friday at 87.

Eli Broad rose to service when L.A. was at a low point. His imprint is impossible to miss Maria L. La Ganga, Laurence Darmiento, Dakota Smith, Howard Blume © (Al Seib / Los Angeles Times) Philanthropist Eli Broad is surrounded by union construction workers at a ceremony for the Broad Museum in downtown Los Angeles in 2013. (Al Seib / Los Angeles Times) When Eli Broad flew into Los Angeles International Airport in 1963 with his wife, Edye, the 30-year-old self-made millionaire...

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Print As news spread Friday of the death of Eli Broad, The Times reached out for art-world remembrances of the philanthropic force who helped to put Walt Disney Concert Hall and the Broad museum downtown on the cultural map of Los Angeles. Mark Bradford, artist: “I was surprised how long he has been collecting, that and how much he and Edye [Broad’s wife] were a unit. He had a funny handshake. He would grab your hand and then shake and then pull you in. He’d hold you by the elbow. It wa...

Eli Broad, Billionaire Philanthropist, Dies at 87 Broad was founding chairman of the Museum of Contemporary Art in Los Angeles and a major donor to other L.A. art institutions Getty Billionaire philanthropist Eli Broad, a major figure in the Los Angeles art world and a large-scale donor to numerous charitable and civic causes, died Friday at Cedars-Sinai Medical Center, where he was battling an unspecified illness. He was 87. Born in New York City in 1933, Broad’s family moved to Detroit when...

Share: Broad was a billionaire who made his money in the home-building industry. He co-founded the Kaufman & Broad Building Company in Michigan, which later bought Sun Life for $52 million in 1971, according to the New York Times. Broad then gained a $3 billion profit when his company was sold to insurance company American International Group in 1998 for $18 billion, according to NYT. Broad also was a philanthropist, spending heavily on cultural projects in Los Angeles, such as the art museum, ...

Broad was worth an estimated $6.9 billion at the time of his passing.

I’m Carolina A. Miranda, arts and urban design columnist at the Los Angeles Times, and it’s the weekend — which means it’s time for the week’s essential culture news.

Eli and Edythe Broad. Photo courtesy of the Eli and Edythe Broad Foundation. Billionaire art collector, philanthropist, and entrepreneur Eli Broad—a towering figure in the cultural scene of the United States, and most of all, in his adopted hometown of Los Angeles—has died at 87. His reign culminated with the founding of the Broad, a contemporary art museum showcasing the collection he and his wife, Edythe Broad, built together, which opened in 2015. In his cultural pursuits, business acti...

TOP STORIES In India, bodies of COVID-19 victims are piling up so fast that family members have to cremate them in parking lots. In Brazil, gravediggers work through the night. In Germany, the death toll has tripled in recent months and the federal government has just imposed its toughest lockdown yet. Even as optimism abounds in the United States, where cases are in steep decline and the vaccine supply has begun to exceed the demand, the COVID-19 pandemic has reached one of its bleakest poin...