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Eli Broad Net Worth

Emmy Wallin

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Eli Broad Net Worth

What is Eli Broad’s net worth? 

Net Worth:$7.2 Billion
Age:89
Born:June 6, 1933
Gender:Male
Height:1.80 m (5 ft 11 in)
Country of Origin:United States of America
Source of Wealth:Entrepreneur
Last Updated:March 8, 2023

Introduction 

Eli Broad was an American billionaire entrepreneur.

Broad was ranked as the 233rd wealthiest person in the world in 2019.

He was known for his philanthropic commitment to public K – 12 education, scientific and medical research, and the visual and performing arts.

As of May 2024, Eli Broad’s net worth is estimated to be roughly $7.2 Billion.

 

Early Life 

Eli Broad was born on the 6th of June, 1933, in the Bronx, New York. Broad was the only child of Lithuanian Jewish immigrant parents who met in New York.

His father worked as a painter, and his mother was a dressmaker. He attended Detroit Public Schools and graduated from Detroit Central High School in 1951. 

Some of the jobs Broad held in college include selling women’s shoes, selling garbage disposals door-to-door, and working as a drill press operator at Packard Motor, where he was a member of United Auto Workers.

 

Career 

In 1956, Broad and Kaufmann decided to partner up and build homes together.

He borrowed $12,500 from his wife’s parents, Broad put up half the capital in their first venture together, building two model homes in the Northeast Detroit suburbs. 

They could price the houses so the monthly mortgage would be less than the rent for a two-bedroom apartment. Kaufman and Broad named this model the “Award Winner” and priced it at $13,700.

In 1961, Kaufman and Broad Home Corporation went public on the American Stock Exchange. Two years later, he moved the company to Los Angeles.

Soon after, Kauman retired. By 1969, KB Home was the first homebuilder listed on the New York Stock Exchange.

Broad acquired Sun Life Insurance Company of America in 1971. In 1998, he sold SunAmerica to the American International Group for $17.8 billion after 3 weeks of secret negotiations.

The following year, he continued as CEO of SunAmerica. He then left to focus on philanthropy full-time. 

As of May 2024, Eli Broad’s net worth is estimated to be roughly $7.2 Billion. 

 

How Did Eli Broad Spend His Money?

Eli Broad spent his money on real estate, charity work, and art. Alongside his wife, they owned many expensive art pieces. 

 

Eli Broad’s Home 

Before Broad passed away, he owned a lavish home in Malibu.

The couple first put the property on the market for $75 million in February 2020. The price was dropped to $67.5 million in July and then to $62 million in September. 

 

Eli Broad’s Charity Work

Broad has helped many charities throughout his life. 

 

Eli Broad’s Art Collection 

Broad had an impressive collection of art. He made a major purchase in 1973 with his wife, when he and Edye bought a Van Gogh drawing entitled Cabanes a Saintes-Maries, 1888.

Art collector and MCA executive Taft Schreiber became their mentor.

 

Highlights

Here are some of the best highlights of Eli Broad’s career:

  • Forbes ranked Broad as the 233rd wealthiest person in the world (2019)
  • Broad is known for his philanthropic commitment to public K–12 education

 

Favorite Quotes from Eli Broad 

“School boards are, for the most part, made up of political wannabes who see a board seat as a stepping stone for political office, or well-meaning parents who represent an ethnic group or geography, or have some other narrow interests. Few people on them understand what governance is about.” – Eli Broad

“I can’t think of another enterprise other than being a homeowner that can’t have its debt restructured in bankruptcy. Corporations can, but a homeowner can’t? Now with securitization the homeowner can’t go to the owner of the loan and work things out.” – Eli Broad

“My family and I have been blessed with good fortune in the world of business. We’ve created quite a net worth. My children, two boys, have more money than they will ever need, and they aren’t empire builders.” – Eli Broad

“The happiest people I’ve found are in science. These people have three times the IQ – maybe I’m exaggerating. They have a higher IQ than I do. They love what they’re doing, they have a good family life, they’re satisfied.” – Eli Broad

“The American people frankly have been, over many, many years – to be blunt – fat, dumb, and happy. If they want their children to compete with children in India, China or Korea, they better get them a far better education.” – Eli Broad

“Unfortunately, the boards of art institutions tend to be populated with well-meaning supporters of the arts who often lack any business background or appetite for imposing appropriate discipline.” – Eli Broad

 

3 Life Lessons from Eli Broad

Now that you know all about Eli Broad’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. The Arts 

Civilizations are not remembered by their business people, their bankers, or lawyers. They’re remembered by the arts.

 

2. Collections 

Collecting is more than just buying objects.

 

3. Artists 

Every artist is unreasonable because he or she is doing something that hasn’t been done before.

 

Frequently Asked Questions

 

How much is Eli Broad worth?

Eli Broad’s net worth is estimated to be $7.2 Billion.
 

How old is Eli Broad?

Eli Broad was born on June 6, 1933, and is currently 90 years old.
 

How tall is Eli Broad?

Eli Broad’s height is 1.80 m, which is equal to 5 ft 11 in.
 

Summary

Eli Broad was an American businessman and philanthropist.

Broad’s business career spanned over five decades. He has managed to build two Fortune 500 companies, KB Home and SunAmerica.

Later in his life, he and his wife were dedicated to philanthropic causes.

They gave away a fortune through The Broad Foundations, which was committed to furthering entrepreneurship in education, science, and the arts. 

As of May 2024, Eli Broad’s net worth is estimated to be roughly $7.2 Billion. 

What do you think about Eli Broad’s net worth? Leave a comment below. 

Emmy Wallin is a writer for Wealthy Gorilla. She is a young Swedish girl from Uppsala, who is currently traveling around the world. Emmy has a big passion for helping others and motivating people. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. She is the face behind the net worth profiles here on Wealthy Gorilla.

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Entrepreneurs

Arianna Huffington Net Worth

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Arianna Huffington Net Worth

What is Arianna Huffington’s net worth?

Net Worth:$100 Million
Age:73
Born:July 15, 1950
Gender:Female
Height:1.78 m (5 ft 10 in)
Country of Origin:Greece
Source of Wealth:Founder of The Huffington Post
Last Updated:May 6, 2024

Introduction

As of May 2024, Arianna Huffington’s net worth is estimated to be $100 Million.

Arianna Huffington is well known for creating what is now one of the most popular news websites, The Huffington Post.

She founded the website in May 2005, which has come an incredibly long way since then, now has around 850 employees.

The Huffington Post was sold to AOL in 2011 for a huge $315 million, but Arianna was made the President and editor-in-chief, keeping her within the company.

 

Early Life

Arianna Huffington was born on July 15th, 1950, which made her 55 years old when launching The Huffington Post.

This meant she’d already accomplished quite a lot before founding the famous news website.

Arianna, along with Kenneth Lerer, Andrew Breitbart, and Jonah Peretti, founded it.

Arianna was born in Greece but moved to the UK when she was 16 to study economics at Girton College in Cambridge.

She began writing in the 1970s when she met and fell in love with Bernard Levin.

Levin never wanted to marry or have any children, so at the age of 30, Arianna had to break it off, and she ended up moving to New York in 1980.

Arianna kept on writing; books, articles, biographies, and so on. She soon became an established author figure.

 

Career

Arianna Huffington wrote the book The Female Woman in 1973, which attacked the Women’s Liberation Movement.

She soon rose to prominence in the U.S. after an unsuccessful Senate run by her then-husband, Michael Huffington.

During that time, she became known as a strong supporter of conservative causes and worked on the show Politically Incorrect.

In 1998, she hosted a weekly radio show called Left, Right & Center, on which he talked about topics with guests of other political alignments.

Arianna Huffington worked hard to secure her fortune and fame as one of the most famous female entrepreneurs.

 

The Huffington Post

Following an appearance on The Daily Show with Jon Stewart, Arianna Huffington launched The Huffington Post in 2005 alongside Andrew Breitbart and Jonah Peretti.

The site was initially used as a commentary outlet, blog, and news aggregate and grew rapidly.

In 2011, The Huffington Post was bought by AOL for $315 million, making Arianna the editor-in-chief of The Huffington Post Media Group.

A year later, it became the first commercial media company in the U.S. to win a Pulitzer Prize for its work.

However, in 2016, Arianna Huffington left her positions at AOL and The Huffington Post to launch Thrive Global, another enterprise.

 

Thrive Global

Arianna Huffington launched Thrive Global in 2016, geared toward providing solutions to ending stress.

Thrive Global launched its own podcast in 2017 in partnership with iHeart Radio, which Huffington hosted.

The following year, the company began operating in India before opening in Greece as part of a partnership with Antenna Group.

In 2019, Thrive Global launched Medatative Story to collaborate with WaitWhat, a media company.

The Meditative Story podcast is said to combine first-person storytelling with meditation prompts and music.

This is meant to allow people to enter into a state of relaxation more easily and without their minds being plagued by wandering thoughts.

To date, Thrive Global has enjoyed investments from numerous big names, including Jack Ma, Andre Iguodala, Kevin Durant, and more.

Most recently, the company raised $80 million in 2021 in a Series C round of investing led by Kleiner Perkins.

 

A Media Presence

Along with her journalism and business ventures, Arianna Huffington has appeared in the media in various forms.

In 2008, she joined the cast of Seth MacFarlane’s The Cleveland Show, lending her voice to the character of Tim the Bear’s wife, Arianna.

A few years later, she appeared in the Distinguished Speaker Series at the University of Buffalo with Bill Nye and Jon Stewart.

In 2010, she made headlines for paying for buses to transport people to Jon Stewart’s Rally to Restore Sanity and/or Fear.

Ultimately, she paid for over 150 buses to transport over 10,000 people from Queens to D.C.

She has also published numerous books, including Thrive: The Third Metric to Redefining Success and Creating a Life of Well-Being, Wisdom, and Wonder.

Her latest books, The Sleep Revolution: Transforming Your Life, One Night at a Time, and Goodnight Smartphone, were released in 2016 and 2017.

 

Arianna Huffington Net Worth

As of May 2024, Arianna Huffington’s net worth is estimated to be $100 Million.

 

Favorite Arianna Huffington Quotes

“But you have to do what you dream of doing even while you’re afraid.” – Arianna Huffington

“Fearlessness is like a muscle. I know from my own life that the more I exercise it the more natural it becomes to not let my fears run me.” – Arianna Huffington

“Our current obsession with creativity is the result of our continued striving for immortality in an era when most people no longer believe in an after-life.” – Arianna Huffington

“Mainstream media tend to just mouth the conventional wisdom, to see everything through the filter of right and left.” – Arianna Huffington

View our larger collection of the best Arianna Huffington quotes!

 

Frequently Asked Questions

 

How much is Arianna Huffington worth?

Arianna Huffington’s net worth is estimated to be $100 Million.
 

How old is Arianna Huffington?

Arianna Huffington was born on July 15, 1950, and is currently 73 years old.
 

How tall is Arianna Huffington?

Arianna Huffington’s height is 1.78 m, equal to 5 ft 10 in.
 

Summary

Arianna Huffington helped build one of the biggest news websites in the world and remains an influential figure and author.

As of May 2024, Arianna Huffington’s net worth is estimated to be $100 Million.

What do you think about Arianna Huffington’s net worth? Leave a comment below.

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Entrepreneurs

Eric Schmidt Net Worth

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Eric Schmidt Net Worth

What is Eric Schmidt’s net worth?

Net Worth:$23 Billion
Age:69
Born:April 27, 1955
Gender:Male
Height:1.78 m (5 ft 10 in)
Country of Origin:United States of America
Source of Wealth:Entrepreneur
Last Updated:May 7, 2024

Introduction 

Eric Schmidt is an American businessman and software engineer.

He is currently a technical advisor to Alphabet and chair of the US Department of Defense’s Defense Innovation Advisory Board.

Schmidt is best known for being Google’s CEO from 2001 to 2011 and its executive chairman from 2011 to 2015. 

As of May 2024, Eric Schmidt’s net worth is roughly $23 Billion.

 

Early Life 

Eric Emerson Schmidt was born on the 27th of April 1955 in Washington, D.C.

Schmidt is the son of Eleanor and Wilson Emerson Schmidt. 

He was an intelligent, athletic boy who performed well in school and was a long-distance runner.

He graduated from Yorktown High School in Arlington, Virginia, in 1972.

 

Career 

Few businessmen have had a career comparable to Eric Schmidt, influencing some of the most successful corporations of the last few decades.

After establishing his impressive skills as a software engineer in the 1980s, he went on to help found and develop several cutting-edge companies.

His journey began in the early 1980s when he joined the IT company Byzromotti Design team, where he worked in various technical positions.

 

Early Career At Sun Microsystems & Novell

Following a series of roles at Byzromotti Design, Bell Labs, and the Palo Alto Research Center, Eric Schmidt eventually moved to Sun Microsystems.

After joining the company as a software manager, he rose through the company’s ranks to become their director of software engineering.

By the time he had departed from Sun Microsystems, Schmidt had risen to the vice president position of the software products division.

This experience allowed him to transition to the Novell company as their CEO, facing a string of challenges as the company fell into a period of decline.

While the fortunes of Novell were on the wane, Eric Schmidt’s personal fortunes were to take a significant turn after he founded a new startup, Google.

 

Google’s Founding In 2001

Working closely with Larry Page and Sergey Brin, Eric Schmidt’s involvement with the Google startup saw him running the company in 2001.

Shortly after, he became the company’s CEO, guiding its development over the following years and transforming it into a global leader.

Revolutionizing early search engines, the company has since gone on to lead the way with artificial intelligence and other emerging digital technologies.

These developments allowed Schmidt to draw an increasingly large salary along with share options that would make him a billionaire.

Now a household name, Schmidt eventually left the role of CEO in 2011 and became an executive chairman, continuing to advise Google’s co-founders.

 

Contracts With The Department Of Defense

With his status as one of the richest people in the world secured thanks to his long-standing relationship with the Google brand, Eric Schmidt explored new opportunities.

His work with the Department of Defense as the chair of an advisory board was used to forge relationships between the military and tech sector.

His relationship with military contractors was a prominent aspect of his career between 2019 and 2021 when he chaired the National Security Commission on Artificial Intelligence.

These collaborations with the military-industrial complex were later echoed by Elon Musk’s work with the DOD and partnership with the US Space Force.

 

Other Notable Business Ventures

In addition to his work establishing and developing the Google services and brand, Eric Schmidt has been involved in many other notable ventures.

He briefly served on the board of directors for Apple between 2006 and 2009, while also serving as the chair of the board of directors at Broad Institute.

Schmidt has also assisted with research and development at several notable educational institutions, including Princeton, Stanford, and Carnegie Mellon Universities.

Like fellow billionaire Bill Gates, he has invested time and money in the biotech industry, serving on the National Security Commission on Emerging Biotechnology.

Additional investments by Schmidt include joining an investment group to purchase the NFL team, the Washington Commanders, in 2023.

 

Eric Schmidt Net Worth

As of May 2024, Eric Schmidt’s net worth is $23 Billion.

 

Highlights 

Here are some of the best highlights of Eric Schmidt’s career: 

  • Joined Microsystems (1983) 
  • Executive Chairman of and Google (2011-2015)
  • Executive Chairman of Alphabet 

 

Favorite Quotes From Eric Schmidt

“The characteristic of great innovators and great companies is they see a space that others do not. They don’t just listen to what people tell them; they invent something new, something that you didn’t know you needed, but the moment you see it, you say, ‘I must have it.’” – Eric Schmidt

“I’ve come to a view that humans will continue to do what we do well and that computers will continue to do what they do very well, and the two will coexist, but in different spaces.” – Eric Schmidt

“You can understand the Tunisia revolution as a failure to censor the internet. And Libya had that failure too. It’s very difficult for governments that are autocratic and don’t have broad popular support to be in power when a lot of people have these devices. That was what the Arab Spring was about, that people could express this and lead to revolution.” – Eric Schmidt

“For those who say you’re thinking too big… be smart enough not to listen. For those who say the odds are too small … be dumb enough to give it a shot. And for those who ask, how can you do that?… look them in the eyes and say, I’ll figure it out.” – Eric Schmidt

“Even if it’s a bit edgy, a bit out of your comfort zone, saying yes means that you will do something new, meet someone new and make a difference in your – and likely in others’ lives as well. Yes is what keeps us all young. It’s a tiny word that can do big things. Say it often.” – Eric Schmidt

 

3 Awesome Lessons From Eric Schmidt

Now that you know all about Eric Schmidt’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him:

 

1. Big Breaks Are Few And Far Between

The key is to show up and do the work every single day, even if it doesn’t look like you’re making any headway.

 

2. Learn To Trust Yourself

Learning to trust yourself is another one of the major lessons on leadership that your business cannot live without. 

 

3. Learn To Listen To Other People

If you really want to succeed, you’re going to have to learn how to listen to other people. 

 

Frequently Asked Questions

 

How much is Eric Schmidt worth?

Eric Schmidt’s net worth is estimated to be $23 Billion.
 

How old is Eric Schmidt?

Eric Schmidt was born on April 27, 1955, and is currently 69 years old.
 

How tall is Eric Schmidt?

Eric Schmidt’s height is 1.78 m, equal to 5 ft 10 in.
 

Summary

Eric Schmidt is an American software engineer who is currently serving as the executive chairman of Alphabet Inc., a holding company created to directly own several companies owned by or tied to Google, including a slimmed-down version of Google itself.

As of May 2024, Eric Schmidt’s net worth is approximately $23 Billion.

What do you think about Eric Schmidt’s net worth? Leave a comment below. 

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Entrepreneurs

David Koch Net Worth

Emmy Wallin

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David Koch Net Worth

Net Worth:$58 Billion
Born:May 3, 1940
Died:August 23, 2019
Country of Origin:United States of America
Source of Wealth:Entrepreneur
Last Updated:May 6, 2024

Introduction 

David Hamilton Koch was an American businessman best known for being the co-owner of Koch Industries. 

At his time of passing, David Koch’s net worth was roughly $58 Billion, making him one of the wealthiest entrepreneurs in the world, alongside his brother Charles Koch

 

Early Life

David Hamilton Koch was born on the 3rd of May, 1940, in Wichita, Kansas.

His father was a chemical engineer cum businessman who founded the Koch Industries the same year David was born.

David has three brothers: Frederick, Charles, and William. 

Koch attended the Deerfield Academy prep school in Massachusetts, graduating in 1959.

 

Career 

With his family background including some of the wealthiest people in the world, David Koch’s career as a leading industrialist was secured from birth.

His extensive educational background at MIT, where he earned a bachelor’s and master’s degree in chemical engineering, gave him the experience to excel.

By 1970, David Koch had followed in his family’s footsteps, joining the ranks of Koch Industries and working under his brother, Charles.

 

Early Career Joining Koch Industries

Throughout his career at Koch Industries, David Koch demonstrated his combination of technical know-how and business-savvy expertise.

After working as a technical services manager, Koch was promoted to the president of his division, Koch Engineering, in 1979.

Renamed Chemical Technology Group, the new position saw him continue to shine within the company as an innovative technician.

A legal dispute between Charles and David Koch with his twin brother Bill and his father, Frederick, led to Charles and David Koch becoming majority owners.

This move significantly increased his net worth, and by 2010 the brothers owned 42% of Koch Industries, where David served as executive VP until 2018.

 

Political Activities & Campaigning

With his vast personal fortune and access to America’s rich and powerful, David Koch has been associated with some of the richest politicians in the world over the years.

During the 1980s, he was closely associated with the fledgling Libertarian politicians including Ed Clark, working to abolish the Federal Reserve Board.

He continued to support the Libertarian Party over the following decades before turning his support to the Republican Party in later years.

This includes supporting the party during the tenure of Donald Trump and backing his political campaign through to the late 2010s.

 

Advocacy Funding & Initiatives

A core component of David Koch’s contributions to politics includes many advocacy activities and other initiatives to reshape the American landscape.

During the Obama administration, Koch was a firm backer of prison reform and attempts to restructure the criminal justice system.

As the founder of the Citizens for a Sound Economy group, he worked with others to provide funding for the Americans for Prosperity Foundation.

Koch also sat on the board of the Cato Institute for many years, regularly donating funds to the organization and challenging climate change initiatives.

While some political analysts placed Koch among hardliners during this period, others commended him for his work and influence in these spheres.

Along with his brother Charles, David Koch was named among the Time 100 for his involvement in supporting the Tea Party movement of activists.

 

Philanthropy & Medical Research Funding

Like many other highly successful businessmen such as Bill Gates, David Koch has also invested funds and resources in philanthropic endeavors.

This includes extensive contributions to medical research and development, notably funding research to discover a cure for cancer.

In 2007, he contributed over $100 million and made additional smaller donations to establish the David H. Koch Institute for Integrative Cancer Research.

His funding has also been used to develop cures and assist with research into hearing loss and restoration at the House Ear Institute.

Educational initiatives have also received support and funding from David Koch, with a $10 million donation to PBS and the American Museum of Natural History.

Koch has also supported the arts in the United States as the longest-serving trustee of the American Ballet Theater and other notable institutions.

In 2008, Koch pledged $100 million to renovate the New York State Theater, renamed the David H Koch Theater to mark his dedication.

 

David Koch Net Worth

At his time of death, David Koch’s net worth was $58 Billion.

 

Highlights 

Here are some of the best highlights of David Koch’s career: 

  • Koch Industries 
  • President of Koch Engineering (1979)

 

Favorite Quotes from David Koch 

“The way I look at it is, cancer research is absolutely nonpartisan.” – David Koch 

“I contribute to public candidate campaigns, and there’s a federal limit on how much you can contribute to each individual candidate. I obey the law in that regard, and I feel like I’m doing it properly.” – David Koch 

“When I was a bachelor with a different girl on my arm every week, people didn’t think I was quite legitimate.” – David Koch 

“The only dancing I did was at the discotheques. I was a very good disco dancer. I say that I learned disco dancing at the wrong places.” – David Koch 

“Federal Police have helped Malaysian authorities to stop 34 Sri Lankans and Indians boarding a boat to Australia. Three members of a people-smuggling syndicate were also arrested. What’s your intelligence showing? Are we seeing increased activity by people smugglers in Asia focusing on Australia again.” – David Koch 

“I think, though, players need to understand community standards, too, in terms of the psychological war games that go on during a football match. Maybe the old fashioned sledding and some of the terms that we use need to get back into community standards. I think that’s a reminder and a good thing for players.” – David Koch 

 

3 Lessons from David Koch for Entrepreneurs

Let’s take a look at some of the best leadership lessons we can learn from him:

 

1. You Don’t Need a Fancy Address to Build a Massive Company

I see it a lot in the world of finance: entrepreneurs starting a venture capital firm feel they won’t get the respect they deserve if they aren’t headquartered in Toronto or New York. Oil & gas entrepreneurs often feel they have to be headquartered in Houston or Calgary, and tech companies Silicon Valley.

 

2. Going Into Business with Family Can Strain Relationships

I’m a staunch supporter of going into business with family or friends. You have to trust your business partners implicitly.

 

3. Never Give Up On Your Dreams 

Often misrepresented by the mainstream media, there is much we can learn from the Koch brothers. Building one of the world’s largest private companies in Koch Industries wouldn’t have been possible without the entrepreneurial acumen of these men.

 

Summary

David Koch was a very successful businessman and political activist.

In 1970, he became president of Koch Engineering and co-owner of Koch Industries with his older brother Charles.

At his time of death, David Koch’s net worth was estimated to be $58 Billion. Alongside his brother Charles, they were considered two of the wealthiest brothers in the world, without question.

What do you think about David Koch’s net worth? Leave a comment below. 

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