About two thirds of Sinema's donors gave to Joe Biden ahead of the 2020 . The hedge fund he owns and runs has some $15 billion under management, and his estimated net worth is $1.75 billion. Louis Moore Bacon (born July 25, 1956) is an American investor, hedge fund manager, and philanthropist. Bacon sought the order so that he could launch defamation proceedings against online commenters he alleged to have posted libelous material about him on these websites. His first wife was former Newsweek magazine staff member Cynthia Pigott. [18], In 1986 Bacon married Cynthia Pigott,[4] a former Newsweek magazine staff reporter. Years back, Rawsthorne had struck . His business experience means that Louis Moore Bacon serves on the board of many organizations. Although this initially sparked many rumors, it was later revealed that the man had died from coronary artery disease. }); } You know that song, Someone left the cake out in the rain? Louis Bacon Net Worth: Louis Bacon is an American businessman who has a net worth of $1.6 billion. ga('create', 'UA-67136960-15', 'auto', 'ads'); Peter Nygard filed a complaint that Bacon had violated the Racketeer Influenced and Corrupt Organizations Act. It has reached a point where neither man, though each used to consider Lyford Cay his rightful home, spends much time there anymore. Louis Bacon, 59 year-old founder of hedge fund Moore Capital Management ($15bn under management, net worth $17bn), is pretty fecund. Louis Bacon is a buttoned-up hedge-fund king, whose passion is conservation. 25 Apr 2023, 03:54 BST. 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. How exactly did the alleged illegal activity go down? Home-wrecking Affair Began As Work of Charity Today, American University offers, Read More The 20 Most Notable American University Alumni in BusinessContinue, Dominos is one of the most prominent pizza restaurants in America besides Walmart and McDonalds, in terms of how many stores they have. Five years later, he paid $25 million for the 540-acre Cow Neck Farm in Southampton, New York. 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 1962, when President Kennedy flew to Nassau for a series of private world-ranging talks with the British prime minister Harold Macmillan, he stayed at Taylors house and the P.M. stayed next door. The waters around Robins are famed for. I might have done that. Nygard and his friends sometimes refer to his estate as Disneyland on steroids. Chichn Ibiza is more like it. Then there was his Georgian town house in Knightsbridge (before he sold it), not to mention spreads he still owns in Panama, New Mexico, and North Carolina, as well as his 172,000-acre Colorado ranch, which, when he purchased it from Malcolm Forbess family for $175 million, in 2007, became the most expensive American residence ever. In court documents, Nygard called the reporting false and asserted that the most damning accusers had been paid off by Bacon, who calls Nygards suspicions baseless., In the summer of 2010, 11 armed Bahamian police officers conducted a raid on Point House, during which Bacons staff were searched and interrogated and his possessionsincluding pictures of his childrenwere photographed.