Its one thing to have a theory, Copenhaver says. Other projects include work on . Hes just going about it in such an interesting way. Why Couldnt the U.S.? [7], Nicolas and Olivier attended elementary school at the cole alsacienne in Paris. Chapter 03: Art | by Nicolas Berggruen 248 views 7 months ago Why Art Is Important & Its Fundamental Values Philanthropist and thought leader Nicolas Berggruen shares his thoughts on the. Evolutionary biologists understand the alarm call to be an altruistic behavior between species, who, by warning others of danger, place themselves by instinct in a broader system of belonging. He is a member of the International Councils for the Tate Museum, London, the Museum of Modern Art, New York, and the Presidents International Council for The J. Paul Getty Trust, Los Angeles. [14] Berggruen has two older half-siblings from his father's first marriage: John, an art dealer, and Helen, an artist. No, hes a mysterious modern-day Great Gatsby for whom the world is his Daisy. | Scheer Intelligence", "Intelligent Governance for the Twenty-first Century", "Obituary: Heinz Berggruen, noted art dealer and collector - Europe - International Herald Tribune (Published 2007)", Billionaire collector Nicolas Berggruen takes steps to buy historic Venetian palace and turn it into a cultural thinktank, Collector Nicolas Berggruen to Open Second Venice Space in 18th-Century Palazzo, "Nicolas Berggruen - World Economic Forum", "NYU Stern | Haskins Giving Society Award Dinner", "2018 Ellis Island Medal of Honor Recipients", "A Coup to Be Invited": Inside the L.A. He says that the city, in addition to having a much more vibrant intellectual scene than it is given credit for, affords a degree of mental and physical space that allows for deeper reflection on key questions for us as humans. Los Angeles also makes sense because it is the gateway to the Pacific, and Berggruen believes that this is the Pacific Century.. Informacin, novedades y ltima hora sobre Instituto Berggruen. [62] In 2022, he also bought the Palazzo Diedo in the Cannaregio district, which is to focus primarily on dedicated artist commissions; the first artist-in-residence is Sterling Ruby. N o. [72] In 2021, he acquired the Gordon Kaufmann-designed, 29,000sqft (2,700m2) Hearst estate in Beverly Hills for $63.1 million, at the time the most ever paid for a home at an auction. Here at ALUX we talk a lot about building leverage stacking skills adding value. Shot on location at The Bradbury Building S omething tells us that Nicolas Berggruen would make a really amazing poker . For a time, he was an art critic for The San Francisco Chronicle. Photography: Frederic Auerbach. Because hes a billionaire, Berggruen has the luxury of stacking skills by straight up buying them in order to be in a position to make the world a better place. If often art is spoken about in the context of the market or a certain prestige, Nicolas Berggruen's involvement seems more substantial than this. [50] The Financial Times named it as one of their "Best Books of 2012". Berggruen Holdings predominately operates as a long-term investor/owner for their portfolio companies. Given his passion for the really big questions, it seems reasonable to wonder what Berggruen thinks of proposals to rein in the wealthy. Transformative insights are often not obvious or popular at first, and some of the greatest thinkers were persecuted. Nicolas Berggruen is the Chairman of the Berggruen Institute, which addresses fundamental political and cultural questions in our rapidly changing world. Were almost there. Theyre busy building rockets and satellites. New Democracy. Born in Paris, France, he is a dual American and German citizen. 2023 Forbes Media LLC. As a subscriber, you have 10 gift articles to give each month. [1] In Deutschland wurde er mit dem Kauf der insolventen Warenhauskette Karstadt im Juni 2010 bekannt . In 1988, he cofounded Alpha Investment Management, a fund of hedge funds operation that was sold to Safra Bank in 2004 for an undisclosed amount. I also couldnt help wondering why, with his vast fortune said to be in the low billions Berggruen didnt just use a helicopter to get up the mountain. One of his biggest business successes is when he bought the bankrupt German department store chain Karstadt for one euro saving upwards of 25,000 jobs injecting almost 500 million euro into in over five years and pulling the brand out of bankruptcy. And before you ask No, Nicolas Berggruen isnt anti-capitalism.. New Capitalism. A believer that #ideasmatter. If we develop one idea that actually changes and shifts the way the world thinks, that is success, she says. All Rights Reserved. Next, theres The Future of Capitalism branch which as the name suggests is dedicated to reimagining capitalism. I said that people would surely not object if the guy whose name is on the prize wanted to exert some influence over the selection process or at least have a vote. The campus will house the Center's educational programs, fellows, and scholars. The institute employs around 30 people, has some 40 fellows worldwide and maintains offices in Los Angeles, Beijing and Venice. The Berggruen family lived in an apartment on the Left Bank, near the Luxembourg Gardens. A couple of patio heaters kept us warm, sort of. Related by financial asset: Promotora de Informaciones S.A. Related by financial asset: Restaurant Brands International Inc, Resides in Los Angeles, CA Metropolitan Area. Below we countdown to Nicolas Berggruen upcoming birthday. Mansion Where Hollywood Stars Partied for 40 Years, 'Homeless billionaire' Nicolas Berggruen wins Hearst estate auction with $63.1-million bid, Billionaire Investor Nicolas Berggruen to Buy Hearst Estate in Beverly Hills, "One of Hollywood's Most Storied Estates Gets a Second Act", https://en.wikipedia.org/w/index.php?title=Nicolas_Berggruen&oldid=1137479179, This page was last edited on 4 February 2023, at 21:30. [17] They were raised Catholic, their mother's faith. [19], Through Freedom Acquisitions his first investment vehicle that went public in 2006[23] Berggruen bought a stake in the hedge fund group GLG Partners in 2007. professors. His Berggruen Holdings owns office buildings and apartments in Berlin, Germany; Portland, Oregon and Albany, New York. [20] Berggruen refused to learn English at the time because he thought it was "the language of imperialism. For Berggruen, the tutorials were a springboard to a new role and a new life; he now wanted to use his fortune to make a mark in the realm of ideas. Plastic in the ocean carbon in the atmosphere rising sea levels. 240 Days 04 Hours 31 Minutes 01 Seconds Nicolas Berggruen trends FAQs Who is Nicolas Berggruen ? He is the son of art collector and dealer Heinz Berggruen [9] and actress Bettina Moissi. Berggruen at the proposed site of the campus for his institute in the Santa Monica Mountains. 304 S. Broadway, Suite 500 But soon.. I almost feel like we humans are just vessels. In 2010, with 100 million of his own dollars, he founded The Berggruen Institute an independent think tank devoted to reshaping social and political institutions for the 21st century and the many transformations it requires. Nicolas wants to have a discussion, Hoffman says. Berggruen, who occasionally shows up on society pages, has dual American and German citizenship. Jesus Christ ended up on a cross, right? New York: The Metropolitan Museum of Art, 1988. If you are a parent yourself, dont forget to check out 10 Things To Teach Your Kids (Part 1). The campus, named Monteverdi, will build on approximately 22 of the 450-acre estate and delegate the remaining 95% as protected open space. The younger Mr. Berggruen attended Le Rosey, an exclusive Swiss boarding school, and studied finance at New York University, but he says he began investing as a teenager, borrowing a few thousand . Casa dei Tre Oci, Giudecca Canal, Giudecca Island, Venice Photo courtesy of the Berggruen Institute. Gardels, a confidant of the former California governor Jerry Brown, points to the institutes advocacy of citizen assemblies groups of voters who deliberate on issues like climate change and make policy recommendations as an example of the kind of work it does. When he was in his early teens, he visited the United States for the first time, and he later decided to return for college. 2016 Through Berggruen Holdings, Berggruen was a primary investor and developer in Newark, New Jersey's Teachers Village. How the Homeless Billionaire Became a Philosopher King, https://www.nytimes.com/2022/04/06/magazine/nicolas-berggruen-philosophy.html, Devin Oktar Yalkin for The New York Times. Still, the household was immersed in art and literature, and the brothers had what Olivier says was an interesting childhood. (They have two siblings from Heinz Berggruens first marriage.) [71] In 2016, he had two children born from one egg donor and two surrogates. The piece poses the question: how might we hear better to broaden and enhance our sense of belonging in the universe? Yep, this guy is a pretty interesting character hes probably best known for his A-list events at Davos and the lavish pre-Oscars bash he would throw every year at Chateau Marmont in LA except this gatsby shows up to his parties. Think tanks are basically just a group of scholars working together to research and do things like help governments form public or economic policies. A dual American and German citizen, he is the founder and president of Berggruen Holdings, a private investment company and the Nicolas Berggruen Institute, a think tank that works on addressing governance issues. 40. The center's larger purpose, its founder, the billionaire investor Nicolas Berggruen, said in an interview, is to look past contemporary political differences to their deeper intellectual roots . ToftH, as it is known, was initially conceived by Tobias Rees, who believed that artificial intelligence and biotechnology were redefining what it meant to be human and who wanted to foster conversations among technologists, philosophers and artists about where all of this innovation is taking us as a species. In Nicolas Berggruens own words, We are totally independent, we can think very long-term, and we can focus on key ideas that will improve humanity We may never get there but we are willing to take the risk.. [68], Berggruen was honored by his alma mater, NYU Stern, at the 2016 Haskins Giving Society Award Dinner for his commitment to business and public service. Why Top Academics Don't Need a Nobel to Get Rich. Committed to the arts, he sits on the boards of the Museum Berggruen, Berlin, and the Los Angeles County Museum of Art and has built with leading architects. But the culture part hints at a broader mandate, and the jury seems to have an ecumenical conception of philosophy. A man so dead-set finding solutions for the issues his daisy faces, that he devotes millions of dollars to his cause every year. He describes Berggruen as extremely smart and sophisticated and an excellent investor patient, in for the long haul, good in up-and-down situations., But when I met with Berggruen one afternoon at Sierra Towers, he told me that he had found little fulfillment in his career in finance. Browse 85 nicholas berggruen stock photos and images available, or start a new search to explore more stock photos and images. But, what works for billionaires like Nicolas Berggruen, doesnt necessarily work for future billionaires, like yourself. Back in 2016, Nicolas Berggruen welcomed two children into the world. In addition, the Berggruen Institute stands apart from many other think tanks in that it lacks an explicit ideology and is not necessarily looking to put its own people in government. He is also the Founder and President of the Berggruen Institute. Instead, the power of the ideas they celebrate is what gives intellectual prizes their currency. Depending on the opportunity and asset class, Berggruen Holdings is prepared to invest up to $200 million in any one transaction. [19] Berggruen attended high school at Le Rosey in Switzerland. [13] Although born in France, Berggruen's first language is German. A prolific networker, Berggruen has recruited so many prominent names to the institutes roster of supporters and advisers Eric Schmidt, Reid Hoffman, Arianna Huffington and Fareed Zakaria are among those listed on the organizations website that it has been described as his own personal Davos. Back in 2016, Nicolas Berggruen welcomed two children into the world. Olivier Berggruen and Jeff Koons attend the Berggruen Prize Gala at the New York Public Library on December 14, 2017 in New York City. Money can buy influence over nearly anything in the world including in the world of ideas. Berggruen was previously a member of the 21st Century Council, Council for the Future of Europe, Globalization and Geopolitics, and Think Long California. Herzog & de Meuron and L.A's Gensler will lead a team of architects in the campus design. [55] His youngest brother, Olivier Berggruen, is an art historian and curator. 3. Er ist unter anderem Grnder und geschftsfhrender Inhaber der Berggruen Holdings, einer auf Direktinvestitionen spezialisierten Finanzholding. He graduated from New York University in 1981, and a few years later used a $250,000 trust fund to start his investing career. Designed by Richard Meier, the project revitalized five blocks of downtown Newark. learns A.I.Truism and recreates Alarm Call, generating an original fusion of the two. Read by entrepreneurs, big tech, hedge funds, and more. [4] He is the founder and president of Berggruen Holdings, a private investment company[5][6] and the co-founder and chairman of the Berggruen Institute, a non-profit, non-partisan think tank that works to address global governance issues. He suggests that Berggruen is using a narrow criterion: He wants to recognize work that has had a broad societal impact, but very few ideas emanating from the grottos of academic philosophy achieve that kind of mainstream influence. [41][42] The initiative garnered the support of prominent political players, including former secretary of state Condoleezza Rice, billionaire entrepreneur Eli Broad, former California governor Gray Davis, and Eric Schmidt, the former CEO of Google. But success may not come until long after were dead, she adds, noting that this work requires patient capital. Berggruen, the source of that capital, seems to be very patient. Although it was another cool day, we ate outside on the terrace. He has collaborated on projects with such renowned architects as Richard Meier, Shigeru Ban and David Adjaye; and is presently planning the Institutes new headquarters in the Santa Monica mountains with Swiss architecture firm Herzog & de Meuron and Los Angeles Gensler. Berggruen allows that his decision in the mid-2000s to sell his properties in New York and Miami and to become the so-called homeless billionaire was perhaps rooted in the discontent he felt professionally. Human perception of what sounds beautiful is necessarily biased and exclusive. Berggruen said, "Agriculture is key to Africa's prosperity, and so aiding the flow of information and finance within the agricultural sector will be especially helpful. (He claims he is not opposed to paying more in taxes he just doesnt think redistributive policies will do enough to ameliorate economic inequality.) Theres a lot of commonality, he said. [2] Berggruen moved the gallery across the street to 228 Grant Avenue two years later and remained there for 43 years. [31] In 2020, NBP Capital's market value exceeded $1 billion. Of course, not everyone is jazzed about the ideas coming out of the Institute but it does add to the conversation, and thats really the important part, right? Claires and Formichetti will continue to empower Gen Zalpha to discover and celebrate their own style sensibilities. (Jay L. Clendenin / Los Angeles Times) By Thomas. Palazzo Diedo is the second historic building that the Nicolas Berggruen Charitable Trust has acquired in Venice, following the purchase of Casa dei Tre Oci on the Giudecca as the principal European base for the Berggruen Institute. A hundred percent, he said. Nicolas Berggruen is the Chairman of the Berggruen Institute which addresses fundamental political and cultural questions in our rapidly changing humanity with its Great Transformations work. He recalls playing bartering games when they were kids: I always wondered a few hours later, How did my brother end up with all these possessions?. Nicolas Berggruen is also Chairman of Berggruen Holdings, the investment vehicle of the Nicolas Berggruen Charitable Trust. [22] Between 1983 and 1987, Berggruen was a Principal at Jacobson and Co.[citation needed], Berggruen moved back to New York and, based on a trust fund worth about $250,000,[4] he started investing in real estate and public stocks, later expanding to private equity, venture capital, and hedge funds. Dec 31, 2022 As civilizations around the planet are going back to their roots, we still need to cooperate on issues that are common to all of us, such as health, climate and security - let us build toward it this coming year. The talks became the Think Long Committee for California, a bipartisan initiative focused on reforming California's governance system. "I really, really believe that the idea of discovering truth on your own doesn't work," Nicolas Berggruen told "Town & Country" in 2016. But Berggruen thinks that Los Angeles is a better fit for his institute. Billionaire Nicolas Berggruen plots think tank's mountain home May 4, 2016 3 LOS ANGELES Nicolas Berggruen scuffs along a dirt road overgrown with foxtails, high in the Santa Monica. [21][12] In 1978, Nicolas moved to London, where he became fluent in English and trained under property developer and philanthropist Lord Max Rayne at London Merchant Securities, known today as LMS Capital Plc. Popular M&A news in . [21] In 1988, he and Julio Mario Santo Domingo, Jr. co-founded Alpha Investment Management, a hedge fund. His mother is the German actress Bettina Moissi, who in 1948 starred in Long Is the Road, among the very first German feature films about the Holocaust. [21] Commenting on the importance of the retail brand, Berggruen said: We want to take a brand with a big presence all across Germany and restore it to all its former glory.[25] In 2010, having spent 400 million euros, he brought the company out of bankruptcy. He wanted the Berggruen to be recognized as a proper prize with independent judges. [65] He was named a member of the Brookings Institution's International Advisory Council and the NYU President's Global Council. the truth is Sakas sudden elevation to global star also obscured one of the worst strategic decisions of the past few years at Arsenal. RB Leipzig has completed their 20th transfer from sister club Red Bull Salzburg. In addition to the institute, Berggruen recently bought through his charitable trust a palace in Venice that he plans to turn into a center for the arts. The two would meet on Friday afternoons, in Berggruens suite at the Peninsula Hotel, and they focused on three works: Aristotles Nicomachean Ethics, Nietzsches On the Genealogy of Morals and Sartres Existentialism Is a Humanism. Copenhaver says that the discussions typically lasted three or four hours and that it was philosophical conversation as it is meant to be. He told me that Berggruen was eager to engage with the texts but also wanted to understand why some ideas gained traction and others did not. [34], In 2013, Berggruen Holdings invested in the East Africa Exchange, a privately funded regional, agricultural commodities exchange in East Africa. Now he hopes to answer some of them. [35], By 2011, Berggruen Holdings had offices in Berlin, Istanbul, Mumbai, New York, and Tel Aviv, nine senior executives, owned more than 30 companies across various industries and asset classes, and was valued at more than 1.5 billion euros. A living archive of Nicolas Berggruen's personal notes, thoughts, and writings gathered over the years from his travels, intellectual work, and conversations. [7] At 16, Berggruen passed his state exams in Paris before completing a baccalaurat in Paris as a candidat libre. [29] In Tel Aviv, Berggruen worked with architect Richard Meier to design a luxury-apartment complex on Rothschild Boulevard. See more. [60], In cooperation with LACMA, Berggruen has been making acquisitions intended for the museum. In 2014, through the Institute, Berggruen launched Noema Magazine, formerly the WorldPost, a digital and print publication dedicated to exploring global issues. Putting his money where his mouth is, he founded the Berggruen Institute with an initial outlay of $100 million and began convening like-minded academics at the Peninsula Hotel in L.A., where . October 4, 2017 Kevin Rawlinson. [15] An avid collector in the early 80s and 90s, while living in NYC, Berggruen began collecting Warhol and Basquiat. Michael Steinberger is a contributing writer for the magazine. [70], In the early 2000s, Berggruen was dubbed "the homeless billionaire" when he sold off his residential properties and belongings. New York: The Metropolitan Museum of Art, 2013. His foundations are lavishly paying top politicians in both Europe and the US to be members. He first worked in real estate for Bass Brothers Enterprises before founding Berggruen Holdings in 1985 to manage his investments. Nicolas Berggruen is a billionaire investor (net fortune $2.3 billion) and sponsor of many think tanks and projects to promote elite ideas. The Berggruen Prize for Philosophy and Culture, which debuted in 2016, has honored some prominent contemporary philosophers Peter Singer, Martha Nussbaum, Charles Taylor. Members of the Institute's 21st Century Council include several former heads of state and government, Tony Blair, Gerhard Schrder, Helle Thorning Schmidt, Fernando Henrique Cardoso, and Nicolas Sarkozy, amongst others. Learn about wealth, happiness, prosperity, and how to get there. Investor and philanthropist Nicolas Berggruen, 54, looks west at sunset from atop a peak on the 450 acres he purchased in the Sepulveda Pass. But the Medici analogy has something to it. 0. Last years recipient was Peter Singer, the moral philosopher and bioethicist. The new Dracula film stars two NicsNicolas Cage as the blood-sucking Count Dracula and Nicholas Hoult as his bug-eating manservant, Renfield. We need more ideas, not less. [48][49] His views of democracy call for an inclusive political culture and positive nationalism. I was riding shotgun and furiously scrolling on my iPhone, trying to ignore the fact that we were on a heavily rutted road with few guardrails, hundreds of feet above the 405 freeway. Instead, he had just been skilled at a game.. He was best known for his close relationship with Pablo Picasso and for his vast collection of Picassos works as well as for his decision, late in life, to transfer much of his art to the German government, a gesture of reconciliation that gave rise to the Berggruen Museum in Berlin. I feel that way. TRD Staff. Evolutionary biologists understand the alarm call to be an altruistic behavior between species, who, by warning others of danger, place themselves by instinct in a broader system of belonging. Nicolas Berggruen (54) was born in Paris, went to boarding school in Switzerland, attended university in New York, and began his investing career in London. The day before, I had confessed my dislike of heights while visiting Berggruen at his condominium, which is on one of the top floors of Sierra Towers, a luxury West Hollywood address. (Several philosophers, however, have been awarded the Nobel for literature, including Bertrand Russell, Albert Camus and Jean-Paul Sartre, who turned it down.) But Damasio, a dapper, soft-spoken scholar originally from Portugal, said that money couldnt buy prestige and acceptance. Senior Vice President, Berggruen Institute; Director, Berggruen China Center, composed by Arswainmachine learning consultation by Anna Tskhovrebovcommissioned by the Berggruen Institutepremiered at the Bradbury Buildingdowntown Los Angelesapril 22, 2022. His father, the late Heinz Berggruen, was a dealer and collector whose blue-chip art holdingsvalued at some $450 millionbecame the basis for a Berlin museum in his name. 0. Nicolas Berggruen ist ein deutsch-US-amerikanischer Investor. Born in: France. The 2020 winner was Dr. Paul Farmer, the medical anthropologist, humanitarian and author renowned for his work in impoverished communities. Prizes like this in philosophy are not, at least so far, a big deal to us, Hall says. He got a great education despite getting kicked out of boarding school for challenging his teachers in class actually, he was expelled for trying to start some kind of revolution at the school.Needless to say hes always gone against the grain. Im just a vessel., Most of the major American think tanks, such as the Brookings Institution, the Heritage Foundation and the Carnegie Endowment for International Peace, are headquartered in Washington or at least have a significant presence there, which makes sense: It is home to the federal government and a world capital. At the time, Ackman says, Berggruen seemed mature beyond his years. The two of them have been partners in a number of deals. To this end, Nicolas formed the 21st Century Council, the Council for the Future of Europe and the Think Long Committee for California; all dedicated to the design and implementation of good governancedrawing from practices in both East and West. February 18, 2022 10:30 AM. Although he holds German and American citizenship, Berggruen was born and raised in Paris. But along the way, he has made a point . I couldnt wait to get out of France, to get out of Europe, he says. The Berggruen Museum (also known as the Berggruen Collection) is a collection of modern art classics in Berlin, which the collector and dealer Heinz Berggruen, in a "gesture of reconciliation", gave to his native city.The most notable artists on display include Pablo Picasso, Alberto Giacometti, Georges Braque, Paul Klee and Henri Matisse.The Berggruen Collection is part of the National . Colleagues and associates say that to the extent there was any self-interest at play, it was in Berggruens desire to surround himself with smart people and to have stimulating conversations. Berggruen was previously a member of the 21st Century Council, Council for the Future of Europe, Globalization and Geopolitics, and Think Long California. The same way you eat an elephant, my friend one bite at a time. But Berggruen insisted that the decision-making was best left to Damasio and his colleagues on the jury (which happen to include the magazines Ethicist columnist, Kwame Anthony Appiah, the New York University professor). Nicolas Berggruen is a billionaire who funds the Think Long Committee for California. "Gesture." 82nd & Fifth. It was an unseasonably chilly day, but the sun still cast a warm glow over the city. Less than four months ago, Nicolas Berggruen doled out $63.1 million at auction for L.A.'s storied Hearst Estate previously known as the Beverly House thanks to its prime locale on North Beverly Drive. A bachelor, Berggruen has settled down in Los Angeles with his 2 children, born in 2016 through an egg donor and 2 separate surrogates. It is a form of predistribution, a concept popular among center-left policy wonks, and one that the Berggruen Institute endorses; the idea is to share the wealth up front, rather than trying to redistribute it after the fact. The piece poses the question: how might we hear better to broaden and enhance our sense of belonging in the universe? According to Nakagawa, the emphasis these days is on nurturing revolutionary ideas. [30] In 2014, the real estate investments became the foundation of Berggruen's NBP Capital, specializing in investment management, development, construction, hospitality, and property management services. View Investments Bradbury Building 304 S. Broadway #550 Los Angeles,CA 90013 Pipeline@berggruenholdings.com +1 (213)430-2350 He is seen as one of the most successful Real estate broker of all times. Its another thing to have a theory that might make its way in the world.. Its not every individual for themselves; it has to be society as a whole.[14], In 2012, Berggruen and Nathan Gardels published the book Intelligent Governance for the 21st Century: A Middle Way Between West and East. Donald Trumps real net worth? [citation needed] Through these projects, the institute worked closely with German and French labor . After a fast-paced business career, the 56-year-old has settled in Los Angeles and founded the Berggruen Institute in 2010. After the 21-day course you will become a life-long learner, ready to teach yourself any and every skill helping you to navigate the great transformations coming your way. Nicolas Berggruen NET WORTH: $1.6 billion SOURCE of WEALTH: Cofounder, Alpha Investment Management FUNDING AREAS: Policy, Arts & Culture OVERVIEW: While Berggruen has given to the arts, his main passion is the Berggruen Institute, a think tank in Los Angeles that he has committed a good portion of his fortune to developing and endowing. Popularly known as the Real estate broker of United States of America. [48] Berggruen states: Democracy is really about giving individuals a place in society, a voicerespect, in some waysequality as humans. Nicolas Berggruen is the founder and chairman of the Berggruen Institute, an independent think tank, and the founder and investment advisor of Berggruen Holdings, the investment vehicle of. Egg donor and two surrogates ; Portland, Oregon and Albany, New Jersey & # ;! And 90s, while living in NYC, Berggruen began collecting Warhol and Basquiat obvious popular... How to get Rich jury seems to be recognized as a proper prize with judges... 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