Eli Broad on 60 Minutes

April 26, 2011 at 7:26 PM Leave a comment

Morley Safer and CBS’s 60 Minutes are profiling Eli Broad and discussing his philanthropy, particularly in the Los Angeles area. They report that critics accuse him of micromanaging, but Broad suggests it’s a feature, not a bug:

“I believe in two things: One, Andrew Carnegie said, ‘He who dies with wealth dies in shame.’ And someone once said, ‘He who gives while he lives also knows where it goes,'” Broad told “60 Minutes” correspondent Morley Safer.

Broad’s foundation has also teamed with the Gates Foundation on education reform initiatives; we have highlighted different criticism of those programs before.

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Entry filed under: Big Donors.

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