Eli Broad (born June 6, 1933) a native of Detroit, Michigan is a Jewish American billionaire who lives in Los Angeles, California. His last name is pronounced as rhyming with road. June 6 is the 157th day of the year (158th in leap years) in the Gregorian calendar. ... 1933 (MCMXXXIII) was a common year starting on Sunday. ... Nickname: Motto: Speramus Meliora; Resurget Cineribus (Latin for, We Hope For Better Things; It Shall Rise From the Ashes) Location in Wayne County, Michigan Coordinates: Country United States State Michigan County Wayne County Settled 1701 Incorporation 1806 Government  - Type Strong Mayor-Council  - Mayor Kwame Kilpatrick Area  - City  143. ... Nickname: Location within Los Angeles County in the state of California Coordinates: State California County Los Angeles County Incorporated April 4, 1850 Government  - Type Mayor-Council  - Mayor Antonio Villaraigosa  - City Attorney Rocky Delgadillo  - Governing body City Council Area  - City  498. ... Official language(s) English Capital Sacramento Largest city Los Angeles Area  Ranked 3rd  - Total 158,302 sq mi (410,000 km²)  - Width 250 miles (400 km)  - Length 770 miles (1,240 km)  - % water 4. ...

Broad is well known for his philanthropy and extensive art collection. A strong advocate of the city, he is actively involved in the on-going projects to revitalize downtown Los Angeles, and is an ardent supporter of efforts to raise the city's cultural profile. Philanthropy is the act of donating money, goods, time, or effort to support a charitable cause, usually over an extended period of time and in regard to a defined objective. ... The Bath, a painting by Mary Cassatt (1844-1926). ... Skyline of downtown Los Angeles Downtown Los Angeles is the geographic center of metropolitan Los Angeles, California. ... This article or section does not cite its references or sources. ...

Broad made his initial fortune in real estate at his company Kaufmann & Broad (now KB Home). He is also a founder of the financial giant SunAmerica. He was CEO of SunAmerica, now a subsidiary of the American International Group, until the year 2000. With an estimated current net worth of around $5.8 billion, he is ranked by Forbes as the 42-richest person in America. KB Home is a housing construction company based in the United States, founded in 1957. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... American International Group, Inc. ... 2000 (MM) was a leap year starting on Saturday of the Gregorian calendar. ... 2006 is a common year starting on Sunday of the Gregorian calendar. ... This article or section does not adequately cite its references or sources. ... The Forbes 400 or 400 Richest Americans (est. ...

Philanthropy

In 1991, Broad endowed the Eli Broad College of Business at his alma mater Michigan State University, from which he graduated cum laude in 1954. The Eli Broad College of Business is the business college at Michigan State University. ... Alma mater is Latin for nourishing mother. It was used in ancient Rome as a title for the mother goddess, and in Medieval Christianity for the Virgin Mary. ... Michigan State University (MSU) is a public university in East Lansing, Michigan. ... Latin honors are Latin phrases used to indicate the level of academic distinction with which an academic degree was earned. ...

The Broad Institute of MIT and Harvard was founded with a $100 million donation to MIT from Broad and his wife, Edythe, in 2003. In 2005, the couple donated another $100 million to Harvard. The Broad Institute of MIT and Harvard, formerly the Whitehead Institute/MIT Center for Genome Research (WICGR), is a multidisciplinary institution dedicated to fulfilling the potential of genomics for the biomedical sciences. ... Mapúa Institute of Technology (MIT, MapúaTech or simply Mapúa) is a private, non-sectarian, Filipino tertiary institute located in Intramuros, Manila. ... Harvard University is a private university in Cambridge, Massachusetts, USA, and a member of the Ivy League. ...

Eli and Edythe Broad are the founders of The Broad Foundation, which states as its mission "to dramatically improve K-12 urban public education through better governance, management, labor relations and competition." In May 2007, the Broad Foundation donated $ 10 million dollars to Gertz-Ressler High School, a public charter school in the Los Angeles area.

On June 1st, 2007 Eli and Edythe Broad pledged $26 million to Michigan State University for construction of the Eli and Edythe Broad Art Museum. ^[1] Michigan State University (MSU) is a public university in East Lansing, Michigan. ...

He is also a member of the California Institute of Technology Board of Trustees and endowed the Broad Center there. The California Institute of Technology (commonly referred to as Caltech)[1] is a private, coeducational university located in Pasadena, California, in the United States. ...

Trivia

• In November of 1994, Broad purchased Roy Lichtenstein's "I...I'm Sorry" for $2.5 million USD at a Sotheby's auction, paid with his American Express credit card, and thereby earned 2.5 million frequent flyer miles.

Whaam! (1963). ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... PR shot of Sothebys New York, from auditions for The Apprentice 2  It should be possible to replace this fair use image with a freely licensed one. ... American Express (NYSE: AXP), sometimes known as AmEx or Amex, is a diversified global financial services company, headquartered in New York City. ... Credit cards A credit card is a system of payment named after the small plastic card issued to users of the system. ... Membership cards of FFP This article is about airline frequent flyer programs. ...

References

1. ^ MSU receives $26 million from Eli and Edythe Broad for new art museum

• Forbes 400

See also

• List of billionaires

Forbes magazine annually lists the worlds wealthiest individuals: The Worlds Billionaries. ...

External links

• Forbes.com: Forbes World's Richest People
• Broad Foundations
• Profile of Eli Broad from the Los Angeles Business Journal