pandemic, and now as
vaccines become more widely available, we are reporting on how our local schools, businesses and communities are returning to a more normal
future. There s never been more of a need for the kind of local, independent and unbiased journalism that The Day produces.
Please support our work by subscribing today.
Eli Broad, billionaire entrepreneur who reshaped L.A., dies
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. 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, April 30, 2021 in Los Angeles. He was 87. (AP Photo/Jae C. Hong, File)
Print
You know you’re a big deal when everyone in your field knows who you are just by hearing your first name.
Lots of rich people populate the international art world. But say “Eli” wherever you go in those serpentine precincts, and everyone knows you mean Eli Broad. In that regard he was the art world’s Cher.
He couldn’t sing, but he especially loved Pop art and its descendants, amassing superlative collections of paintings, sculptures and photographs by Jasper Johns (42 works), Andy Warhol (25), Roy Lichtenstein (35), Ed Ruscha (45), John Baldessari (42) Cindy Sherman (127), Jeff Koons (36) and more. When he committed to the work of an artist, he understood the importance of collecting the artist’s work in depth.
Eli Broad, billionaire who poured wealth into reshaping Los Angeles, dies at 87 gazettextra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazettextra.com Daily Mail and Mail on Sunday newspapers.
Eli Broad, billionaire entrepreneur who reshaped LA, dies
Business Related
Better
LOS ANGELES – 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 New York Times. She told the newspaper that Broad died at Cedars-Sinai Medical Center after a long illness.
It was Broad (pronounced brohd) who provided much of the money and willpower used to reshape Los Angeles’ once moribund downtown into a burgeoning area of expensive lofts, fancy dining establishments and civic structures like the landmark Walt Disney Concert Hall. He opened his own eponymous museum and art lending library, the Broad, in 2015 in the city’s downtown.