Early Life and Career
An only child, Broad was born in the Bronx to Lithuanian Jewish immigrant parents. His father was a house painter, and his mother a dressmaker. His family moved to Detroit when he was six years old. In Detroit his father operated five-and-dime stores and his mother resumed work as a dressmaker. Broad attended Detroit Public Schools. In 1951, he graduated from Detroit Central High School. He attended Michigan State University, majoring in accounting with a minor in economics and graduating cum laude in 1954. That same year, the twenty-one year old Broad married eighteen year old Edythe "Edye" Lawson. Broad went on to earn the distinction of becoming the youngest Michigan resident to have attained the credentials of Certified Public Accountant (CPA). Prior to entering the home building business, Broad worked as an accountant for two years.
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