In recent years, Broad spent much of his time engaged in philanthropic work through his foundations, advocating for public education reform, promoting the rebirth of Los Angeles’ downtown as a commercial and residential center and other causes. Los Angeles: Eli Broad, the billionaire philanthropist, contemporary art collector and entrepreneur who co-founded homebuilding pioneer Kaufman and Broad Inc. and launched financial …
Introduction Entrepreneur and philanthropist Eli Broad has been compared to Lorenzo de’ Medici, a patron without peer who has played major roles at arts institutions throughout Los Angeles. Here Broad looks back at the creation and development of MOCA, the Walt Disney Concert Hall and the Broad museum — which have reinvigorated Grand Avenue and downtown and elevated the city’s …
Grand Avenue is home to a cluster of architectural and artistic achievements that attract millions of people a year, locals and tourists whose energy carries the promise of a vibrant urban center on Bunker Hill. The city’s Community Redevelopment Agency studied how to redevelop 135 acres of the Bunker Hill neighborhood “classified by local and federal authorities as a slum …
The major backers of a property tax for local public schools include two habitual foes: the local teachers union and billionaire Eli Broad, according to campaign filings. The tax, Measure EE, will go before voters within the boundaries of the Los Angeles Unified School District in June and would raise about $500 million annually. Not surprisingly, one big supporter of …
The Los Angeles Times’ former publisher and editor, Davan Maharaj, reportedly received a $2.5-million settlement following his exit from Tribune Publishing Co. after revealing to a mediator he had recorded anti-Semitic comments allegedly made by the company’s largest shareholder, Michael Ferro. In 2016, shortly after taking control of the newspaper company, Ferro allegedly complained that his business pursuits were being …
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