NET WORTH: $7.9 billionAGE: 87RESIDENCE: Los AngelesSOURCE OF WEALTH: Homebuilding, insuranceLAST YEAR: $7.4 billionCHANGE: +7%THE MONEY: Before he retired from public life in 2017, Broad built two Fortune 500 companies: homebuilder KB Home and insurance giant Sun America Investments Inc., which was acquired by AIG for $18 billion in 1998. Since announcing his retirement, Broad has continued to serve as one of L.A.’s most prominent civic leaders and philanthropists. Through the Eli and Edythe Broad Foundation, the Broads have given more than $4 billion to support education, science and the arts. THE BUZZ: In 2015, the renowned art collectors opened downtown’s contemporary art showcase, the Broad Museum. Broad has expanded his philanthropic efforts to include the fight against climate change. He and his wife, Edythe, gave $9 million in early 2020 to support political candidates and leaders concerned with the climate crisis. They were also among the first to sign the Giving Pledge, committing to donate 75% of their wealth. Broad also supports a wealth tax for the top 1%. In 2019, the Broad Foundation committed $30 million to the Eli and Edythe Broad Stem Cell Centers at UCLA, USC and UC San Francisco.