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Eli Broad

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Eli Broad
Eli Broad.PNG
Personal
ProfessionFounder, KB Home and SunAmerica, Inc.
Net Worth$5.8 billion
High SchoolDetroit Public Schools
Bachelor'sMichigan State University

Eli Broad (born June 6, 1933) is a donor to California ballot proposition campaigns, as well as political campaigns in other states. Broad, a billionaire, is based in Los Angeles. Broad is ranked by Forbes as having a net worth in 2011 of $5.8 billion, making him the 173rd wealthiest person in the world.[1]

According to Broad, "People don’t know I’ve got a deep social conscience." In describing his attitude toward philanthropy he says, "Whatever we do has to pass three tests. One, will it make a difference 30 years from now? Two, if we don’t do it, will it happen anyway? Three, are there people who can really make it happen?"[2]

Ballot measures

"Think Long"

Broad is a member of the Think Long Committee for California. This group announced in November 2011 that it planned to submit an initiative proposal for the state's November 2012 ballot to raise taxes in the state by $10 billion.[3]

Donations

Ballot measure Donated Position Outcome
California Proposition 28, Change in State Legislative Term Limits Initiative (June 2012) $50,000
Approveda
Approveda
California Proposition 20, Congressional Redistricting Initiative (2010) $100,000
Approveda
Approveda
California Proposition 27, Elimination of Citizens Redistricting Commission Initiative (2010) $100,000
Defeatedd
Defeatedd
California Proposition 14, Top-Two Primaries Amendment (June 2010) $100,000
Approveda
Approveda
California Proposition 11, California Citizens Redistricting Commission (2008) $150,000
Approveda
Approveda
Washington Charter School Authorization, Referendum 55 (2004) $200,000
Approveda
Defeatedd

External links

Footnotes