Super-collectors, super-patrons, founders of The Broad
Last year Eli Broad announced he was retiring, passing on the running of his and wife Edythe’s philanthropic foundation, with its $2.5b endowment, to chairman Gerun Riley. Yet the Broad name remains attached to pretty much every arts organisation in Los Angeles and the locale, not least MOCA, LACMA, the museum at Michigan State University, the theatre at Santa Monica College and the Los Angeles Opera. And of course all this ongoing support sits alongside The Broad, the couple’s own museum that opened in 2015 to hold their 2,000-strong collection (the big crowd-pleaser this year was to bring Yayoi Kusama’s Infinity Rooms into the building). The temporary shows also provide side benefits (of a financial kind) beyond the West Coast: this year the museum brought in the Royal Academy’s survey of Californian Jasper Johns and in 2019 it will take Soul of a Nation, Tate Modern’s 2017 survey of African-American art.