Wednesday, October 26, 2011

Meet George Soros Lite: A Hotel Dwelling Super-Networked Billionaire Who Is Trying To Save Europe

His name is Nicolas Berggruen, and he is the subject of a new profile in Bloomberg Markets magazine.

Berggruen's art-dealer dad gave him a $250,000 trust fund and he's multiplied that by 10,000—a $2.5 billion fortune. He hasn't had a home address since 2000; now he "constantly roams the world on his Gulfstream IV jet, living out of five-star hotels," reports the magazine.

Berggruen might not share Soros' poor-to-rich background, but he shares Soros' passion for politics and even some of his specific policy proposals, such as a more integrated Europe.

He put money where his mouth is, dropping $100 million to create the Nicolas Berggruen Institute to tackle what he calls the "deep governance crisis in the West."


Read more: http://www.businessinsider.com/nicolas-berggruen-2011-10#ixzz1buUJpiM5

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