Truth Frequency News

Eli Broad net worth

Eli Broad was an American investor, writer, philanthropist and businessman. Eli Broad net worth is estimated at $7.2 billion as of 2021.

Forbes ranked broad at 233rd in the world and 78th in the United States in June 2019. His net worth was $6.7 billion. 

Broad is known for his commitment to philanthropic causes such as public education, medical research, and visual and performing art.

Net Worth

Eli Broad Net Worth: $7.2 Billion

Eli Broad Family

Broad was born in New York City on June 6, 1933. He was the son of Rebecca (Jacobson), a Lithuanian Jewish immigrant, and Leo Broad. 

His father was a house painter, and his mother was a dressmaker. When he was six years old, his family moved to Detroit, Michigan. 

His father, a union organizer in Detroit, owned five-and a half stores.

Eli Broad Foundation

The Eli and Edythe Broad Foundation envision an economy where everyone has the opportunity to shape and take part in a sustainable and equitable economy that benefits society and creates a better future. 

Our community is a place where everyone can thrive and grow, regardless of their background.

Eli Broad House

Broad owned a luxurious Malibu house before he died.

In February 2020, the couple put the property up for sale at $75 million. In July, the price was reduced to $67.5million and then dropped to $62million in September.

Highlights

These are some of Eli Broad’s most significant moments in his career:

  • Forbes ranked Broad the 233rd richest person in the world (2019).
  • Broad is well-known for his philanthropic support of public K-12 education.

Summary

Eli Broad was an American businessman, philanthropist and financier.

Broad’s career in business spans over fifty years. Broad has built two Fortune 500 companies, KB Home & SunAmerica.

He and his wife became philanthropic leaders later in their lives.

The Broad Foundations gave them a fortune, which was dedicated to supporting entrepreneurship in science and education.

Eli Broad’s net worth was estimated at $7.2 billion in 2021.

Similar Posts

Leave a Reply