Nicolas Berggruen
Beverly Hills, California
Bachelor of Arts/Science, New York University
United States
5
investments
$1,700,000,000
1425
#1425 Billionaires 2019
#395 Forbes 400 2016
The son of a wealthy art collector, Nicolas Berggruen was born in Paris and moved to the U.S. to attend New York University.He first worked in real estate for Bass Brothers Enterprises before founding Berggruen Holdings in 1985 to manage his family fortune.In 1988, he co-founded Alpha Investment Management, a fund of hedge funds operation that was sold to Safra Bank in 2004 for an undisclosed amount.Berggruen Holdings now has investments ranging from clean energy in Turkey to a car rental company in India.His firm owns 3,000 apartments in Portland, Ore. and 70 commercial buildings in Germany, and also real estate in Israel, Turkey, Singapore and India.
A bachelor, Berggruen has settled down in Los Angeles with his 2 children, born in 2016 through an egg donor and 2 separate surrogates.He is the founder and chairman of The Berggruen Institute, a think tank focused on developing ideas which lists several billionaires and heads of state as members.
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