Introduction

Eli Broad was born on 6 - June 1933; a native of Detroyda, Michigan, the Jewish-American billionaire currently resides in Los - Angeles, California. His name is well known possible due to which it is engaged and a huge art collection. He was the executive director of Sun America, which today is a subsidiary of American International Group until 2000. With an approximate net worth of companies in the $ 5.8 billion, he ranks 42nd in the list of richest people in America as stated by the Forbes magazine. He is actively involved in all processes that are associated with the restoration of downtown Los Angeles; he was passionately involved in all activities that focus on the development of culture in the city. His property, he created from his own hands, began in his real estate company Kaufman & Broad. He was executive director of Sun America, which today is a subsidiary of American International Group until 2000. With an approximate net worth of companies in the $ 5.8 billion, he ranks 42 in the list of richest people in America according to Forbes magazine. In 1991 he provided a fund that provides Business College Eli Broad at Michigan State University, where he graduated in 1954 - the year with honors. He made a donation to MIT and Harvard in the U.S. $ 100 million (David, pp. 23).

Discussion

Eli and Edith Broad Foundation founders, which seeks to improve education, to make the younger generation has become much more focused and would be interested in science and education sector with a bang and on a completely different level. In May, 2007 - On Broad Foundation donated U.S. $ 10 million high school Gertz-Ressler, as well as a private school in Los Angeles. 25 - April 2007 - the year the Foundation, Eli and Edith boards' donation of 2007, the Foundation together with the Bill and Melinda Gates Foundation donated U.S. $ 60 million to create strong American schools. Foundation and the Eli Broad Edit donated 56 million U.S. dollars to the Museum of Fine Arts in Los Angeles to create the Broad Centre. 21st June 2007, Eli and Edith Broad donated $ 26 million in the U.S. Michigan State University to create the Museum of Fine Arts named Eli and Edith Broad. He is also a member of the Board of Trustees of the California Institute of Technology. Collections of Eli and ...