FROM Eli Broad
Eli Broad: the Multi-Billionaire Who's Shaping Los Angeles On page one of Chapter One in his new book, Eli Broad reminds readers he build two Fortune 500 companies in two different industries from the ground up. He says the $6 billion he earned in business has allowed him to finance education reform, two world-class art collections and cutting-edge biomedical research. In the introduction, his friend and fellow billionaire Michael Bloomberg says Broad has helped shape Los Angeles into a cultural and architectural capital. They both agree that the book's title describes how he's done it. It's called Eli Broad : the Art of Being Unreasonable.
Eli Broad to the Rescue The nation's best Museum of Contemporary Art has spent down its endowment to meet operating expenses. That's led to an investigation by the California State Attorney General. The LA County Museum of Art offered a merger , but today MOCA's trustees declined. They accepted a deal from MOCA’s founding chairman, philanthropist Eli Broad . He will match the contributions of others up to $15 million and provide another $3 million a year for five years to fund exhibitions.
LA Charter Schools Reap $6.5 Million Boon From Broad Last year Eli Broad gave ten million dollars to Green Dot Charter Schools . Today, he came up with 6 million for the Alliance for College-Ready Public Schools . LA Unified already has one-hundred and three charter schools, more than any other district in the United States has. Tonight, we speak with Eli Broad.
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