Billionaire Philanthropist Eli Broad Dies at 87

Billionaire Philanthropist Eli Broad Dies at 87
Eli Broad waits to speak during a media preview of The Broad Museum in Los Angeles, Calif., on Sept. 16, 2015. Kevork Djansezian/Reuters
Reuters
Updated:

LOS ANGELES—Eli Broad, the billionaire entrepreneur turned philanthropist and art collector, died on Friday at the age of 87.

Broad passed away at Cedars-Sinai Medical Center in Los Angeles following a long illness, said Suzi Emmerling, a spokeswoman for the Eli and Edythe Broad Foundation.