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  • f his adopted hometown.The philanthropist, whose wealth is estimated by Forbes at $6.9 billion, made a fortune in real estate as co-founder of homebuilder Kaufman & Broad and later as founder of the investment firm SunAmerica.After selling the latter for $18 billion in 1998 he turned his interests largely to philanthropy, focusing on art, education and other areas.He was the founding director, and
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