After decades assembling one of the foremost collections of contemporary art, Eli and Edythe Broad open a landmark Los Angeles museum.
The pharaohs of ancient Egypt built pyramids to leave a lasting personal stamp on the landscape. But the modern mogul is more apt to build a museum. While the museum is not specifically a monument to the mogul, it often bears his or her name, is jump-started with the benefactor’s collection, and is housed in an impressive edifice meant to stand for all time. This September, a highly anticipated contemporary art museum—the Broad—will open in downtown Los Angeles. It is underwritten by one mogul and his art foundation. That mogul, Eli Broad, is a self-made billionaire who made his fortune through far more earthbound pursuits—tract housing and insurance.
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