Bacon has been married twice. Aestheticallyshirt unbuttoned to the navel, tight black jeans, and some sort of glitter he applies to his suntanned arms after showeringhe brings to mind a mash-up of Sam Walton and Gunther Gebel-Williams, the circus-animal trainer. I would tell him what happened, and he said, Take photographs and refer it to the legal department. He responds to Peter Nygard as a problem that needs to be taken care of., Until he filed his defamation suit, this year, Bacon fought Nygard mostly under the auspices of an environmental campaign, joined by many Lyford residents, that sought to rectify changes to the coastline they claim Nygard is responsible for. In 1986, Louis married Cynthia Pigott, a staff reporter for Newsweek magazine. This is not a man you just phone up to tell him that a leafs fallen off a tree. Her father is a former Rolls-Royce Motors consultant in New York. Although he has never lived in Austria, Louis Moore Bacon has obtained Austrian citizenship, says Money.net. . He is Close Friends with Paul Tudor Jones, 10 Things You Didnt Know about John Lundgren, iKeybo: The Worlds Most Advanced Projection Keyboard and Piano, The 20 Most Notable American University Alumni in Business, 20 Things You Didnt Know About Alan Howard, 20 Countries With the Least Amount of Debt, The 10 Most Expensive Skateboards in the World, The 10 Best Ducati Motorcycles of All-Time. She worked at Sotheby's in London as a liaison in private client services from 1992 to 1999. Ive been very supportive. Besides, hes not afraid of a $100 million defamation suit because, as I understand it, the biggest award ever given in New York is for one million, he says. Because both of them happen to be billionaires, it is a picturesque driveway, lined by casuarina trees and triple Alexander palms, 200 feet north of a stunning body of water known as Clifton Bay and 100 feet south of an even more stunning vista upon the Atlantic Ocean. Betty Weinberg Ellerin, who retired as a justice of the. He is the rare wealthy businessman who sees the environment as a battleground, says Robert F. Kennedy Jr., of the Waterkeeper Alliance lobbying group, a favorite charity of Bacons. document.querySelector("#google_image_div").addEventListener('click',function(){ Bacon Started Trading While at Business School, 5. Mr Bacon, 53, is married to Canadian socialite and art adviser Gabrielle de Heinrich Sacconaghi. Her parents were James Stanley Glanville Pigott of New York and London and the late Corinne Ingraham Pigott. [37] In 2016, Bacon received a Theodore Roosevelt Conservation Partnership's Lifetime Conservation Achievement Award for authorizing conservation easements on more than 210,600 acres in the US.[38]. He blames the man next door for all of it, citing a string of environmental-degradation suits that Bacon has filed against him in court. [2][4], While at Columbia, Bacon traded commodities using a low interest loan he had received. Bush.) Bacon and his wife, Gabrielle, at the Metropolitan Museum of Art, New York, 2014. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Bacon Learned Trading at Bankers Trust, 6. But his hearts as big as Shamu the whale. Nygard is well known throughout the Bahamas for his financial support of the countrys Olympic running squads, among many other charities. But no. That was settled two years ago, a rare moment of dtente that could have opened the way to broader peace talks. Louis doesnt like attention in the first place, says his college friend and Lyford neighbor, Chris Brady. Kevin Bacon and his wife, Kyra Sedgwick, are both very successful actors, so it doesn't come as a surprise that their kids have followed in their Hollywood footsteps. . [1], Bacon was born in Raleigh, North Carolina on July 25, 1956. had been lodging complaints with the government for years, even compiling aerial photographs that documented the expanding dimensions of Nygards coastline thanks to a series of underwater, sand-collecting barrierscalled groinsthat jut out from the shoreline. }) Bacon has a brother called Zach, and he attended Episcopal High School in Alexandria, Virginia. MEAWW brings you the best content from its global team of Nygard misses the life he had in Lyford before Baconwhom he refers to as my nice neighborbegan to get in the way. In his mirrored gym, which now functions as the dining room, he eats dinner and downs the contents of a meticulously marked Baggie full of pills handed to him by a young personal assistant. His first wife was former Newsweek magazine staff member Cynthia Pigott. Nygard, unable to obtain government permits to rebuild his six-acre, Mayan-inspired compound after an electrical fire in 2009 demolished most of the structuresincluding the 32,000-square-foot grand hall, with its 100,000-pound glass ceilinghas been left to live out of his study when he does visit, and has stopped throwing parties altogether. It gives you a certain sense of purpose that, I guess, girds you to continue. He is famous in the Bahamas. That it has since been preserved as a national park was what, in 2013, won him the Audubon Societys annual medal for contributions to conservation. His first wife was Cynthia Pigott, a former Newsweek magazine staff member. Through his brother Zach, Louis Moore Bacon met Paul Tudor Jones in the mid-1980s. But its almost criminal for him to even be mentioned in the same paragraph as Peter Nygard.. The dip created a drainage problem when it rained: the puddling. He was predeceased by his first wife, Yvette Dunphee in 2016, his mother Margaret in 2001 and by his second wife, Marie A. And it helps if you buy an expensive piece of land and you keep your bad behavior on the down low. In this world, you dont disclose a lot, says Ian Levy, who, with his wife, Charlotte, manages the household staff of seven (more when the Bacons are there). This page was last edited on 31 March 2023, at 11:55. The host, Henry Louis Gates Jr, showed Kyra a picture of her husband and explained that he was her ninth cousin once removed. Later he left the firm and returned to Walter N. Frank & Co. where he traded currencies. You know that song, Someone left the cake out in the rain? Years back, Rawsthorne had struck . Throughout his career, Louis Moore Bacon has won several awards and honors. Language links are at the top of the page across from the title. While studying at Columbia Business School, Bacon took out a small loan so that he could begin trading. [10], In May 2011, Bacon obtained a court order in Great Britain, where he owned property, compelling the Wikimedia Foundation, WordPress and the Denver Post to reveal the identity of anonymous persons who allegedly defamed him on their websites. We are one of the worlds fastest growing He occasionally uses Robins Island to host pheasant hunts. On another is Bacons face with the word CRIMINAL stamped over his forehead. To this day, Bacon still enjoys hunting and fishing. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. He ignored Bacons offer and soon hit him with another lawsuit, and the Internet campaign against him was launched. They approved it by letter and after a while it sort of grandfathers itself in, he says. Nygard dispatched workers in the middle of the night to remove the non-locking cast-iron gates from the entrance to Bacons property, to rip up four sets of speed bumps on the portion of the driveway that cut through Bacons land, and to cover the NO TURNAROUND: PRIVATE PROPERTY warning that was painted on the shared road, replacing it with the words NYGARD CAY. Even as its distasteful. Nygard believes Bacon has a nasty habit of accusing other people of what he is guilty of himself., Bacon says Nygard Cay is nothing more than eye pollution.. [7] In 2010, the Denver Post reported that Bacon's net worth of $1.6 billion ranked him as the 238th richest American. As for his place in Lyford, Point House, you might never guess that the owner is this rich. This puts him in the 1511th position on the Forbes list of the worlds richest billionaires. Louis Moore Bacon's wife. From her greed is good heyday to her post-divorce denouement cavorting with a series of freaky Italian lovers, it was Ivana, all along, who gilded the Trump name. Snyder secured the mans testimony and has sought access to the recordings, which he claims show Nygards involvement in the harassment campaigninstructing employees on what he wants their YouTube spots to contain, for instanceas well as Peter Nygards meetings and interactions with Bahamian officials regarding construction at Nygard Cay, and Mr. Nygards donation of money to Bahamian politicians, according to Feralios attorney. },false) A squadron of peacocks strut on the grounds. [16][17], In early 2019, it was reported that Peter Nygrd had filed a complaint with the U.S. Federal Court in Manhattan alleging that Bacon had violated sections of the Racketeer Influenced and Corrupt Organizations Act. He took steps to sue the Lyford Cay Property Owners Association. Net Worth in 2021. Years earlier, Nygard had obtained a government permit to redirect the sand. This site uses Akismet to reduce spam. Long before the puddle, Nygard clashed stylistically with much of the Lyford Cay establishment. } Notifications can be turned off anytime from browser settings. Its a better entrance for his guests and better for me too.. He is the founder and chief executive of Moore Capital Management. [31], Bacon owns the Trinchera Blanca Ranch located in the San Luis Valley. He has contributed $250,000 to the British Conservative Party. [2][4][6], In 1987 Bacon founded Remington Trading Partners. She is also the granddaughter of the late Justice Phoenix Ingraham of the New York State Supreme Court. He adds that all the land hes been mandated to return to the Bahamas had been unofficially leased to him. Forbes once summed up his investment strategy as secretive, risk-conscious, a bit paranoid. If, on a lark, he were persuaded to read for a movie part calling for a handsome Wall Street kingpin type, hed probably be turned down because the fit seems too perfect to be credible: sculpted mandible, enviably tousled locks. They are like the North-Going Zax and the South-Going Zax in the Dr. Seuss tale, who will not budge, not ever, not one inch. }); 2023 Cond Nast. However, he had dropped off both these lists by 2017. KEVIN BACON AND HIS ACTRESS WIFE KYRA SEDGWICK ARE COUSINS. [22], In 2002 Bacon obtained Austrian citizenship, due to a special provision for figures who have made notable achievements for Austria. if(document.querySelector("#google_image_div")){ But that wasnt why he did it. But in 2010, Nygard received distressing news from the prime ministers office. He has poor kids and athletes out to his house every day, says his best friend, Carlos Mackey, who is the host of a sports program on local TV. Many from Lyford Cay would celebrate their weddings, anniversaries, and other special events at Nygard Cay, or bring their V.I.P. ga('ads.send', { }); Bacons employees all sign confidentiality agreements and are banned from revealing whether he is in town or not. If you have any problems, any concerns, any annoyancesjust ask me direct Im sure we can work them out amicably., To which Bacon replied, You are the one with the various lawsuits against me Peter, so I find this quizzical. 25 Apr 2023, 03:54 BST. Nygard kept going. One of Bacons greatest passions is the conservation of wildlife. In 2010, Louis Bacon Moore received a $25 million penalty, which was one of the largest financial penalties in the history of the Commodity Futures Trading Commission. ), Nygard vows he will never sell and says that he has never met anybody that smart, that competitive, in my life. It had been going on for years, but in 2009, around the time the fire burned down his house, it really got out of control. During that time, he and Paul Tudor Jones became close friends. At 24 he purchased a share in a clothing-manufacturing company with an $8,000 loan, and before long renamed it Nygard. we used to be friendswhat happened? Nygard had mentioned in a letter to the prime minister that a stem-cell center on the island could provide employment for hundreds of Bahamians, but insists that he had no intention of building it at Nygard Cay. In a legal filing, Nygards lawyer characterized them as military-grade speakers that blared dangerous, pain-inducing sound waves toward Mr. Nygards home., It was supposed to create white noise on my side, but that didnt work, Bacon says. Despite having multiple properties in various locations, Bacon uses New York as his main base. They ended up getting somebody else to come find us. (Nygard says that Bacons then wife was most appreciative and that he has never been interested in Bacons house.). These things cant go unanswered. by Melanie Grace West", "AMERICA'S GREAT OUTDOORS: Salazar, Ashe Announce Historic Conservation Easement in Sangre de Cristo Mountains", "90,000 Colorado acres offered for national protected area", "GARDEN NOTEBOOK;Paradise Returns (With Heliport)", "Cohen, Simons, 12 Others Enter Hedge Fund Hall", "Louis Bacon Receives Audubon Medal for Conservation, Environmental Work", "TRCP TO CELEBRATE THREE EXTRAORDINARY CHAMPIONS OF HABITAT CONSERVATION", "Hedge Fund Giant Louis Bacon's Bold Mission To Save The American West," Forbes, How a Neighbors Feud in Paradise Launched an International Rape Case, https://en.wikipedia.org/w/index.php?title=Louis_Bacon&oldid=1147505660, Episcopal High School (Alexandria, Virginia) alumni, Businesspeople from Raleigh, North Carolina, Short description is different from Wikidata, Wikipedia indefinitely move-protected pages, Creative Commons Attribution-ShareAlike License 3.0. Nygard is convinced that Bacon orchestrated all his problems with Lyford Cay and the government. [3], In December 2013, Bacon purchased Taos Ski Valley from the Blake family, who had owned it since 1954. Francis Bacon, Study for Head Of Isabel Rawsthorne, 1967. In 2005, Nygard addressed his parking-overflow problem by laying down a 15-by-20-foot concrete slabon Bacons side of the property line. He flies there in a private jet that bears the words PETER NYGARD N FORCE and once reportedly had a strippers pole inside. [8] In March 2010 Forbes Magazine estimated Bacon's net worth to be $1.5 billion, and ranked him as the 655th richest person in the world. People he employed posted an elaborate series of YouTube videos and launched fake news Web siteswith names such as Bahamas Citizen and Bahamas Nationaldevoted to ruining Bacons name. His market insights allowed him to profit during the market crash and subsequent rebound. Theyre not parties the typical Lyford Cay family is having with their grandchildren. He wont think of trying to replicate what he already built. The Levys have witnessed the feud up close and speak about their neighbor with contempt. [1] Early life and education [ edit] And around it, the adjacent properties are dark., From time to time I see the procession of people coming to his partiesmotorcades full of these attractive girls, says Jean-Charles de Ravenel. window.adsContainer = {"position2":{"code":"Article_Mobile_Above_Next_Rel","max_width":300,"max_height":250},"position3":{"code":"Article_Mobile_300x250_ATF_Rel","max_width":300,"max_height":250},"position4":{"code":"Article_Mobile_Middle_Rel","max_width":300,"max_height":250},"position5":{"code":"Article_Mobile_Middle1_Rel","max_width":300,"max_height":250},"position6":{"code":"Article_Mobile_Middle2_Rel","max_width":300,"max_height":250},"position7":{"code":"Article_Mobile_Middle3_Rel","max_width":300,"max_height":250},"position8":{"code":"Article_Mobile_Middle4_Rel","max_width":300,"max_height":250},"position9":{"code":"Article_Mobile_Middle5_Rel","max_width":320,"max_height":250},"position10":{"code":"Article_Mobile_Middle6_Rel","max_width":320,"max_height":250},"position11":{"code":"Article_Mobile_Middle7_Rel","max_width":320,"max_height":250},"position12":{"code":"Article_Mobile_Middle8_Rel","max_width":320,"max_height":250},"position13":{"code":"Article_Mobile_Middle9_Rel","max_width":320,"max_height":250},"position14":{"code":"Article_Mobile_Middle10_Rel","max_width":320,"max_height":250},"position15":{"code":"Article_Mobile_Middle11_Rel","max_width":320,"max_height":250},"position16":{"code":"Article_Mobile_Middle12_Rel","max_width":320,"max_height":250}} He sued Bacon over the re-grading project that had created the puddle in the driveway three years earlier and demanded that his neighbor install a security gate where the driveway crosses the property line. In the painting, Bacon superimposed the head of a bull onto Rawsthorne's frame to represent, in an androgynous way, her passion, elegance, and power. He Has Been Married Twice and Has Seven Children, 8. Instead, everybody stays up until three A.M. playing poker. His father is Zachary Bacon Jr., who founded Bacon & Co., a real estate company. In a lawsuit filed Tuesday in Los . },false) and crisis-response firm that, in addition to many less controversial clients, has represented the Church of Scientology and Jeffrey Epstein, the New York financier imprisoned in 2008 for soliciting under-age prostitutes. Nygard says he plans to appeal. He sued a former associate for claiming that Nygard had deliberately hired celebrity lookalikes to attend his Oscar party, according to the lawsuit. He has also become a member of the Board of Trustees for the United States Ski and Snowboard Team Foundation. Bacon hasnt set foot in the Bahamas in more than a year, claiming it would put his personal safety at risk. I moved to Nygard Cay because its the most beautiful property in the world, and it happened to be that to get to it I had to go through Lyford Cay., The Lyford Cay Cluba golf-and-tennis facility with a majestically frayed pink clubhouseis the social hub of the community, and according to members, Nygard was discouraged from applying by people who broached the matter on his behalf with the membership committee.