Over the past few years, Berggruen Institute founder Nicolas Berggruen has busied himself with acquiring a portfolio of carefully selected properties around the world. On the West Coast of the...

Late last summer, eponymous think tank founder Nicolas Berggruen bid high enough at auction to buy the Hearst Estate — a.k.a. the ‘Godfather House’ — which had, at the time...

This summer, the Hearst estate, one of the most famous residential properties in Los Angeles, changed hands after a long spell on and off the open market. The Godfather House,...

One of the most famous estates in Los Angeles changed hands late this summer, bringing to a close a story that started back in the early years of the last...

Financial whiz and billionaire Nicolas Berggruen augmented his estate in Los Angeles this summer by picking up the house next door. The new acquisition sapped $22.5 million from Berggruen’s coffers;...