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Philanthropist's path cutting wide across finance, art, politics.
From:
Los Angeles Business Journal
| Date:
March 21, 2005| Author:
| COPYRIGHT 2005 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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It only took a few minutes for Eli Broad and Andrea Rich to work out the financial scheme for a $100 million-plus expansion and redesign of the sprawling Los Angeles County Museum of Art. Broad hatched the idea after the two met with Italian architect Renzo Piano about the design.
"I said, 'Renzo will you excuse us for a few minutes?'" Broad recalled. When the architect returned a short time later, only to be told that a financing plan had been mapped out, Piano quipped: "Take another 10 minutes."
Broad laughs as he tells the story, but Rich remembers something else from ...
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