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 Associated Press.
Emmerling said Broad died at Cedars-Sinai Medical Center after a long illness. No services have been announced. The New York Times first reported his death. “As a businessman Eli saw around corners, as a philanthropist he saw the problems in the world and tried to fix them, as a citizen he saw the possibility in our shared community, and as a husband, father and friend he