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Billionaire Developer and Philanthropist Eli Broad Dies: He Saw the Potential in Each of Us People 8 hrs ago Billionaire developer and philanthropist Eli Broad has died. He was 87. The entrepreneur died at Los Angeles Cedars-Sinai Medical Center on Friday "after a long illness," Suzi Emmerling, a spokeswoman for the Eli and Edythe Broad Foundation, confirmed to the Associated Press. "As a businessman Eli saw around corners, as a philanthropist he saw the problems in the world and tried to ...