I Don't Want To Be

To Me, Money Is A Means To Do Good. I Reached A Point In My Life Where I Had Enjoyed Tremendous Business Success That Afforded My Family Everything We Could Possibly Want. My Wife And I Then Decided That We Could Use Our Wealth To Make A Difference. So We Created The Broad Foundations To Do Four Things: To Improve Urban Public Education, To Support Innovative Scientific And Medical Research, To Foster Art Appreciation For Audiences Worldwide And To Support Civic Initiatives In Los Angeles.

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.

There Were Periods When The Art Market Got Overheated, But There Is No Reason It Should Appreciate Dramatically.

If You Have Poor Management That's Not Doing The Right Job, You End Up With Unions Filling The Void And... Page After Page Of Work Rules And Thicker And Thicker Contracts.

I've Never Been One Who Enjoys Maintaining The Status Quo. I'm Always Pushing For New Ideas, Whether It's In Business Or Philanthropy.