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Eli Broad, an unexpected—and often unreasonable—arts patron


Many people in the art world wish that contemporary art were taken more seriously by the rest of society, by people in different fields who are not even drawn to art. They dream about politicians, policy makers, educators and philanthropists alike recognising its value.  They have been dreaming, maybe without ever realising it, about Eli Broad, the self-made homebuilding billionaire who was, until his death on 30 April, Los Angeles’s most prominent arts patron without exhibiting any particular affinity for or sensitivity to visual art.
To be fair, he was a dedicated art collector, buying thousands of works by major artists over the course of several decades and ultimately building a museum in Los Angeles, the Broad, to showcase them. He clearly appreciated contemporary art as a financial investment, as a philanthropic tool and as a public good that could play a dynamic role in revitalising cities, including his beloved downtown Los Angeles. ....

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Eli Broad, who helped reshape the cultural landscape of Los Angeles, has died, aged 87


The philanthropist Eli Broad
Ryan Miller © Capture Imaging
Eli Broad, the billionaire art collector, businessman and philanthropist who played an outsize role in transforming the cultural landscape of Los Angeles, has died, aged 87. Among other ambitious undertakings, he co-founded the art institution known as the Broad which has become one of the most popular museums on the West Coast with his wife Edythe, who survives him along with their two sons.
The Eli and Edythe Broad Foundation said he died on Friday at a Los Angeles hospital and did not specify a cause.
Broad amassed his fortune through his real estate and insurance businesses, and as a philanthropist, his imprint on the arts in Los Angeles is unparalleled. In the 1970s he was the founding chairman of the Museum of Contemporary Art (MOCA), and in 2008 he gifted the institution $30m to bail it out financially. He referred to the moment as MOCA’s “rebirth”. ....

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