Los Angeles-based philanthropist Eli Broad, 84, is set to retire from the foundation that bears his name. The New York Times reported his intended retreat from the Eli and Edythe Broad Foundation, which Broad announced on Thursday. “I am retiring,” Broad told reporters Adam Nagourney and Adam Popescu. “Now. Right now. I am just tired….
Confirmation of Donald Trump’s pick for Education secretary now depends on a single Senate vote, and one Jewish billionaire is trying to make sure that it swings against Betsy DeVos. Eli Broad, a California businessman and philanthropist, sent a letter to senators urging them to vote against DeVos’s confirmation as Education secretary. “With Betsy DeVos…
Writing for the Los Angeles Times in 2014, Eli Broad and Richard Riordan wrote that “citizens need leaders who sketch a vision of what is possible and rally them to the cause.” They were writing about their funding collaboration for Los Angeles’s long-planned Walt Disney Concert Hall, but the philosophy could easily be used to…
Late last week, in response to a campaign by Bill Gates and Warren Buffett, high profile Jewish philanthropists Eli and Edythe Broad publicly pledged to give away 75% of their $5.7 billion fortune. As part of an initiative that aims to increase philanthropy among the wealthiest Americans, Gates and Buffett have challenged the super-rich to…
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