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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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Billionaire property and Sun Life insurance mogul turned arts mega-donor Eli Broad dies aged 87

Billionaire property and Sun Life insurance mogul turned arts mega-donor Eli Broad dies aged 87
Broad was the only child of Lithuanian Jewish immigrants, with his family moving to Detroit when he was seven
Broad passed away at Cedars-Sinai Medical Center in Los Angeles on Friday
His spokesman said he had suffered a long illness prior to his death
Broad made his billions money in property and insurance
He then lavished hundreds of millions on good causes, including two art museums ....

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Eli Broad Philanthropist And Art Collector Dies Age 87

Eli Broad Philanthropist And Art Collector Dies Age 87
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The Philanthropist and entrepreneur Eli Broad, who co-founded with his wife Edye the contemporary art museum, The Broad in LA has died age 87.
“Eli saw the arts as a way to strive to build a better world for all. He was a fiercely committed civic leader, and his tenacity and advocacy for the arts indelibly changed Los Angeles. He will long be remembered for his unmatched generosity in sharing the arts passionately and widely,” said Joanne Heyler, Founding Director of The Broad.
In 1963, the Broads moved to Los Angeles, which became their adopted hometown and the central focus of much of their philanthropy and civic activism. Since moving to Los Angeles, the Broads have played two leading roles in making contemporary art and world-class architecture essential to life in the city for residents and visitors. Over his lifetime, Broad and his wife Edye, have given so much to the city of Los Angeles in ....

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