Billionaire Eli Broad, Who Made His Mark On Los Angeles, Dies At 87


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Eli Broad has died at the age of 87, according to news reports.


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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  • Broad was a billionaire who made his money in the home-building industry.
  • He co-founded the Kaufman & Broad Building Company in Michigan, which later bought Sun Life for $52 million in 1971, according to the New York Times.
  • Broad then gained a $3 billion profit when his company was sold to insurance company American International Group in 1998 for $18 billion, according to NYT.
  • Broad also was a philanthropist, spending heavily on cultural projects in Los Angeles, such as the art museum, the Broad.
  • Broad died after a long illness, the Associated Press reported.

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