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Eli Broad

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ENTERTAINMENT
October 22, 2012 | By David Ng
Eli Broad is donating 19 works of art from his collection to the new museum at Michigan State University in East Lansing that bears his name. The Eli and Edythe Broad Art Museum is set to be dedicated Nov. 10. The donation includes the large-scale Roxy Paine sculpture "Containment 1," which will be displayed outdoors. The other works of art include pieces in various media by Robert Longo, Ross Bleckner, Elizabeth Murray, Sue Williams, Terry Winters, Donald Baechler, Jonathan Borofsky, Peter Halley and Jonathan Lasker.  The Broads gave $26 million to MSU in 2007 for the creation of the museum.
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CALIFORNIA | LOCAL
March 1, 2014 | By James Rainey
The debate on whether Los Angeles hotel workers should be paid at least $15.37 an hour opened last week with some less-than-expected allies for a "living wage" and some questions from City Council members about whether the proposal goes too far, or not far enough. Two of the city's business titans, billionaire philanthropist Eli Broad and mall developer Rick Caruso, broke from the standard business-versus-labor divide when they said in interviews they support a higher minimum wage.
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ENTERTAINMENT
September 14, 2013 | By Deborah Vankin
Here's Eli and Edythe Broad's advice to budding, young art collectors: take your time, do the research, don't rush to buy. “You got to invest time, it's not just about money,” Eli Broad said this week at a talk for the Los Angeles Public Library's ALOUD series . “It's about meeting new artists -- at MFA shows, at universities -- and it's about getting all the publications and going to museums.” “Spend time looking, go to galleries,...
ENTERTAINMENT
February 20, 2014 | By Deborah Vankin
The opening of the Broad museum in downtown Los Angeles may have been pushed back to 2015, but its art-focused lecture series, “The Un-Private Collection,” is proceeding full steam ahead. The series, which pairs contemporary artists from the museum's collection with scholars, novelists, filmmakers, musicians and other artists, launched in September with founders Eli and Edythe Broad onstage , talking about their early days of collecting and about their new museum. On Monday the series will stage its biggest evening yet, a conversation between the artist Jeff Koons and filmmaker-actor-artist John Waters at the Orpheum Theatre in L.A., with almost 2,000 people expected to attend.
ENTERTAINMENT
January 16, 2011 | By Christopher Knight, Los Angeles Times Art Critic
Usually, Eli Broad's trajectory as an art collector is traced to mentoring by the late Taft Schreiber. Broad himself has talked admiringly of what he learned about art from the MCA Inc. executive (and Ronald Reagan's former Hollywood agent), whose small but extraordinary trove of works by Jackson Pollock, Piet Mondrian, Alberto Giacometti and 10 others was a magnanimous 1989 gift to the Museum of Contemporary Art from the estate of Schreiber's widow, Rita. Still, another, even more celebrated name in the annals of Los Angeles art collecting ought not to be discounted, even if the influence was perhaps more indirect.
NEWS
June 26, 2012 | by David Ng
Eli Broad remains among the top ten collectors in the world according to the 2012 annual ARTnews list, which was published this week. The magazine released the list of the world's top 200 art collectors, among whom are a number of wealthy individuals with ties to Southern California. Broad and his wife, Edythe, have placed in ARTnews' top ten for several years running. This year, they are joined by several other familiar faces -- Francois Pinault, Philip Niarchos, Pierre Chen, Alexandra and Steven A. Cohen, Debra and Leon Black, Helene and Bernard Arnault, Jo Carole and Ronald Lauder, Dmitri Mavromatis and Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani.
ENTERTAINMENT
June 27, 2012 | By David Ng
Eli Broad remains among the top 10 collectors in the world, according to the 2012 annual ARTnews list, which was published this week. The magazine released the list of the world's top 200 art collectors, among whom are a number of wealthy individuals with ties to Southern California. Broad and his wife, Edythe, have placed in ARTnews' top 10 for several years running. This year, they are joined by several other familiar faces -- Francois Pinault, Philip Niarchos, Pierre Chen, Alexandra and Steven A. Cohen, Debra and Leon Black, Helene and Bernard Arnault, Jo Carole and Ronald Lauder, Dmitri Mavromatis and Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani.
ENTERTAINMENT
June 20, 2010 | By Christopher Hawthorne, Times Architecture Critic
"This is not a one-philanthropist town," Eli Broad wrote in an op-ed for The Times in 2008. Architects who have closely followed the billionaire's civic activities over the last two decades might disagree. As a donor, client and behind-the-scenes power broker, Broad has had a hand in a remarkable number of high-profile buildings in Southern California during that period, including projects by Renzo Piano, Richard Meier, Cesar Pelli and Frank Gehry. Broad hopes to add to that list by hiring a top-tier architect for a museum on Bunker Hill holding his own extensive art collection, the first art museum built downtown since architect Arata Isozaki's 1986 Museum of Contemporary Art. (As MOCA's founding chairman, Broad had a hand in that one too.)
OPINION
January 21, 2004
There's a misguided notion in the land that baseball games last too long. It's really the proposed sale of the Dodgers that threatens to drag on past endurance. Fortunately, Los Angeles philanthropist Eli Broad has offered a good solution: He will spend the necessary $430 million, most of it cash, to buy his hometown team if the current proposed buyer cannot. It should mean there's no need to extend the Jan.
ENTERTAINMENT
September 17, 2013 | By Mike Boehm
As construction continues on the downtown Los Angeles museum Eli Broad and his wife, Edythe, have dubbed the Broad, the couple were due to give a look inside in a “hard-hat tour” Tuesday for news media and invited guests. And they had some news. When the contemporary art museum opens late next year, admission will be free. Besides stocking the museum with their nearly 2,000-piece collection of art from the 1950s to the present at the museum, the Broads are providing at least $395 million to build and endow it. The Times had a preliminary look at the Grand Avenue building Monday, guided by Joanne Heyler, the longtime director and chief curator of the Broad Art Foundation, whose new title is founding director of the Broad.
ENTERTAINMENT
February 9, 2014 | By Christopher Hawthorne
The leaders of Eli Broad's planned Grand Avenue museum of contemporary art, to be called simply the Broad, will make news in three separate ways on Monday. They will unveil designs for a new plaza adjacent to the museum by architects Diller, Scofidio + Renfro and landscape architect Walter Hood. They will name Bill Chait, who runs Bestia in the arts district, to oversee a new restaurant on the plaza with Timothy Hollingsworth, former chef de cuisine at French Laundry in the Napa Valley.
ENTERTAINMENT
January 9, 2014 | By Christopher Hawthorne, Los Angeles Times Architecture Critic
The Museum of Modern Art, chasing new square footage less than a decade after its last major expansion opened to the public, has confirmed controversial plans to demolish the former home of the American Folk Art Museum, its neighbor on West 53 rd Street in Manhattan. After a six-month review of a proposed expansion led by the New York architecture firm Diller, Scofidio and Renfro, designers of a museum for Eli Broad that will open later this year on Los Angeles' Bunker Hill, MoMA announced Wednesday it has no practical choice but to raze the Folk Art structure.
OPINION
December 29, 2013
Re "It's no sin to be rich," Opinion, Dec. 27 Richard Riordan and Eli Broad are notable for their business acumen and philanthropic efforts, but their idea that we should rely on philanthropy to fulfill many societal needs is problematic. They decry "onerous" taxes. Onerous? We are taxed at historically low federal rates, and income inequality continues to widen. When an extraordinarily wealthy candidate for president pays an effective federal income tax rate of about 14%, would a few-percentage-point increase stop him from amassing more wealth?
ENTERTAINMENT
November 2, 2013 | By Christopher Hawthorne, Los Angeles Times Architecture Critic
The new Wallis Annenberg Center for the Performing Arts in Beverly Hills, designed by Zoltan Pali and the firm Studio Pali Fekete, is a work of architecture that arrives with a long list of storylines attached. In mixing historic preservation with unapologetically contemporary architecture, the $75-million complex, known as "The Wallis," marks a step forward for Beverly Hills, a city that has not always treated its aging landmarks thoughtfully. Underwritten by $25 million in donations from the Annenberg Foundation, it is the latest chapter in a growing competition of architectural patronage between Wallis Annenberg and Eli Broad.
ENTERTAINMENT
November 2, 2013 | By Deborah Vankin, This post has been updated as indicated below
The star power under a tented ballroom enclosing a blocklong stretch of Beverly Hills' Crescent Drive was intense. Kevin Spacey, Jodie Foster, Amy Adams, Gwen Stefani, Demi Moore and 1,000 or so other influencers came out in glittering gowns and tuxes for the Oct. 17 opening gala of the Wallis Annenberg Center for the Performing Arts. But when the time came to toast the night's most powerful person, all eyes were on a woman few have seen in person, though her name appears on several major Los Angeles buildings.
CALIFORNIA | LOCAL
October 24, 2013 | By Anthony York
This post has been corrected and updated . A state investigation into a network of nonprofit groups that funneled $11 million into initiative campaigns in California last year has revealed the identities of dozens of previously hidden donors to the various organizations. Those contributors include owners of the Gap Inc., for which California First Lady Anne Gust Brown was once a top executive, investor Charles Schwab and Los Angeles philanthropist Eli Broad. The groups they donated to gave money to other organizations, which gave to the campaigns.
ENTERTAINMENT
July 7, 2012 | By Mike Boehm, Los Angeles Times
Inside the 12th floor conference room of his Broad Foundation in Westwood sat Eli Broad, the man the art world wanted to hear from after the forced resignation of Paul Schimmel, the longtime chief curator of L.A.'s Museum of Contemporary Art. Broad, who helped found MOCA in 1979 and is now its biggest donor, didn't have an official vote in the museum board's decision to oust Schimmel - his status as a "life trustee" means he's not a voting member....
ENTERTAINMENT
October 23, 2013 | By Deborah Vankin
Building on the success of its YouTube channel, MOCAtv -- which features original documentaries, interviews with artists and an animated series and has more than 150,000 subscribers internationally -- the Museum of Contemporary Art is broadening its digital reach. On Wednesday, MOCA launched a new membership campaign, “Art is for You,” aimed at a digitally savvy audience. The campaign “is designed to appeal directly to a broad local and international audience actively participating in contemporary visual culture through social media channels,” the museum said in a statement.
CALIFORNIA | LOCAL
October 18, 2013 | By Howard Blume
Philanthropist Eli Broad has donated $250,000 to the downtown arts high school, officially signaling his influential approval for a high-profile, high-cost campus that has struggled to win civic support since opening in 2009. The gift is a significant windfall for one school, but more important than the amount was the signal that it sends to the arts and philanthropy establishment, which has never fully embraced the $232-million Cortines High School of Visual & Performing Arts. A primary reason for this distance was the example set by Broad himself, who withheld financial support over concerns about the school's management by the Los Angeles Unified School District.
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