Eli Broad Retires. Is Broad Irreplaceable?
Broad mentions David Geffen's gift to LACMA's building campaign and rattles off a list of Hollywood and tech players, none entirely convincing as a replacement for his "Medici style of philanthropy."
The NYT quotes Nicolas Berggruen: "Some cities have one patron, and if that one patron disappears, the city doesn’t recover. I think L.A. is broad enough and deep enough that he will be an example—but it is not the beginning of the end."
Broad has certainly been a giant of L.A.'s philanthropy. I could add that his vision has been narrow, but that's true of anyone. L.A. culture's success going forward will depend on cultivating a diversity of philanthropists.
(Below, Thomas Houseago's Giant Figure [Cyclops], 2011, at the Broad.)