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How Edye Broad's 'natural eye' drew her billionaire husband into the art world

Maven of contemporary collecting emphasises the joy of finding and nurturing talents of the age

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Edye Broad with her husband Eli. Photo: TNS

The nude in the silver frame calls no attention to herself amid the colours and splashes of Roy Lichtenstein, Robert Rauschenberg and other 20th-century masters hanging in a well-lit house beyond the pepper trees. But the Henri Matisse drawing, an elegant work of quiet power, is one of Edye Broad's favourites.

She and her husband, Eli, 82, a billionaire accustomed to getting his way, disagree over the picture's fate.

"He wants to get rid of it, but I won't let him," she says. "It doesn't fit in our collection. He's so precise. One day, it will be gone."

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She smiles with gentle defiance, closing the door and walking past an Andy Warhol Superman on her way to reflecting pools that glimmer off the courtyard of their Brentwood estate.

Edye Broad is the aesthetic spirit of a couple who, over the decades, have amassed a collection of about 2,000 pieces of art valued at more than US$2 billion.

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Three Musicians (1921) by Pablo Picasso, the work that inspired Edye Broad to collect. Photo: AFP
Three Musicians (1921) by Pablo Picasso, the work that inspired Edye Broad to collect. Photo: AFP
The Broad museum, which opens in downtown Los Angeles this month, is in many ways a testament to Edye, who bought her first picture, a postcard reproduction of Picasso's Three Musicians, on a school field trip when she was 12. Since then, the couple have acquired works by the most celebrated names of post-war and contemporary art.
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