Eli Broad, notable philanthropist and contemporary art collector, passes away at 87
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Famous billionaire, contemporary art collector and entrepreneur Eli Broad passed away in Los Angeles at the age of 87. Broad had co-founded homebuilding pioneer Kaufman and Broad Inc. “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,” said Gerun Riley, president of The Eli and Edythe Broad Foundation.