“I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations or wealthy families that want to own it for reasons other than maximizing profits. I also believe newspapers should remain in local hands.”
Quote by Eli Broad
Author
Eli Broad
Eli Broad is an American businessman and philanthropist who co-founded KB Home and The Broad private equity firm in the 1960s. He has been involved in various business ventures throughout his career, including real estate, finance, and technology. Broad is also known for his substantial philanthropic efforts, particularly in the areas of education and the arts. more
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