Cow Neck Farm, Long Island, New York: Bacon’s Cow Neck Preserve, LLC purchased the farm in 1998 and donated a 540-acre conservation easement to the Peconic Land Trust, thus preventing development and ensuring the protection of the area’s habitat. That beef quickly spiraled into a legal free-for-all, with both deep-pocketed antagonists keeping good-sized law practices and p.r. Louis Moore Bacon (born July 25, 1956) is an American investor, hedge fund manager, and philanthropist. The new conservation easement Bacon intends to donate is to protect Blanca – thus protecting all 172,000 acres of land.[28]. [21] In 2015, Bacon donated $1 million to a Super PAC supporting the presidential candidacy of Jeb Bush. LOUIS BACON AND FRED SMITH UP TO SAME OLD DIRTY TRICKS AGAINST PETER NYGÅRD ALTHOUGH THEY BOTH HAVE COMMITTED IMPRISONABLE OFFENCES IN THE BAHAMAS. LOUIS BACON – DEJECTED, DISGRACED & DEMORALIZED, AGAIN! [25][26], In June 2012, United States Secretary of Interior Ken Salazar and United States Fish and Wildlife Service Director Daniel M. Ashe announced Bacon intends to donate a conservation easement totaling approximately 90,000 acres in the Sangre de Cristo Mountains bordering the San Luis Valley in Colorado. [8] In 2010, the Denver Post reported that his $1.6 billion ranked him as the 238th richest American. He attended Middlebury College in Vermont where he received his BA in American literature, graduating in 1979. [3][4] Bacon met Walter Frank while he was working on a fishing boat on Long Island. [15] In 2010, Bacon purchased the Orton Plantation in North Carolina which was built by his ancestor, Roger Moore, son of James Moore, in 1735. Louis Bacon, who’s almost as famous for feuding with Canadian fashion tycoon Peter Nygard as he is for running one of the world’s most successful hedge funds, is … His best friend is his brother Zack III, who works at Louis’ company, Moore Capital Management -- Moore was the maiden name of Louis’ mother who died in 1983. In late 2010, after Bacon’s property manager of his estate was found dead in the pool in what the public general held as suspicious circumstances, the illegal dredging of the channel and construction of what many called a “smuggler-type” boat basin as it was covered from the sight of the public, came to light. 1,348, © 2020 NYP Holdings, Inc. All Rights Reserved [3] Bacon later worked as a broker and trader of financial futures at Shearson Lehman Brothers and eventually became the senior vice president for their futures trading division. Your Ad Choices We've received your submission. In addition to his work in Colorado, Bacon has helped preserve and protect environmentally sensitive land in New York, North Carolina, and the Bahamas. Sorry, your blog cannot share posts by email. Your California Privacy Rights The litigation took its most recent turn on Nov. 15, when the Bahamas Supreme Court sentenced Nygard, 76, to 90 days in prison and fined him $150,000 over his alleged theft of confidential e-mails from a Bacon-sponsored environmental group. They thought to have him suffer the legal consequences, but were removed from office in the General Election of 2007 that took place a few months after the illegal works were brought to their attention. Is Louis Bacon, the Hedge Fund kingpin, also the All Star quarterback of duplicity? [24] Bacon has donated more than one million dollars to the environmental non-profit organization Riverkeeper. [18][19], Bacon contributed £500,000 to Britain's Conservative Party between 2010 and 2016. November 21, 2019 | 9:51pm | Updated November 26, 2019 | 1:13pm. International Tabloid Dances the Louis Bacon Jig – “The Booga-lie”, FNM LINING UP LOUIS BACON’S GENERAL ELECTION CANDIDATES, Working Together to Help the Less Fortunate and to Clean Up Clifton Bay (Peter Nygard – Louis Bacon), LOUIS BACON’S ILLEGAL BOAT BASIN CROWNS HIS DUPLICITY ON ENVIRONMENTAL ISSUES, ATTORNEY LASHES LOUIS BACON–DEFENDS GOVERNMENT’S VISIT TO NYGARD CAY, Louis Bacon racist practices at his Moore Capital Hedge Fund revealed as Peter Nygard slaps on a $50 million counter law suit, JOURNALIST COUNTER SUES LOUIS BACON FOR LIBEL AND SLANDER, LOUIS BACON REAPING THE WHIRL WIND OF HIS OFFENSIVE ACTIONS, SAYS KEOD SMITH, LOUIS BACON WANTS TO OWN THE GOV’T SAYS FORMER PLP MP. Terms of Use LOUIS MOORE BACON – THE FACTS OF THE MATTER SHOW CONTEMPT CONNIVANCE AND CRIMINAL BEHAVIOUR, FRED SMITH – LOUIS BACON’S MOUTHPIECE – FINALLY BROUGHT TO JUSTICE, Going to The HIGHEST bidder – Affidavits at $500,000 a pop LOUIS BACON – “Corrupter of Men” plot fizzles as Michael Pintard forced to quit official Bahamas Government posts, BILLIONAIRE LOUIS BACON OF KKK HERITAGE AND HIS WHITE “MURDER OF CROWS” TARGET BLACK HIP HOP FEMALE ARTIST. Do Not Sell My Personal Information, Your California Privacy Rights [3] He subsequently received his MBA degree in finance at Columbia Business School in 1981. Louis Moore Bacon (born July 25, 1956) is an American investor, hedge fund manager, and philanthropist.He is the founder and chief executive of Moore Capital Management.. Forbes Magazine estimates his net worth to be US$1.81 billion, making him the 374th richest person on the Forbes 400 as of February 2017. [32], He is the 2013 recipient of the Audubon Medal, given in recognition of outstanding achievement in the field of conservation and environmental protection. One major dereliction is how Bacon constructed an illegal boat basin on the $20 million Point House compound in the ultra-wealthy, posh, exclusive gated confines of Lyford Cay in The Bahamas which he claims to be his. 10,718, This story has been shared 4,546 times. This page was last edited on 28 October 2020, at 20:38. His father, Zachary Bacon Jr., founded real estate company Bacon & Co. and later led Prudential Financial’s and Merrill Lynch’s real estate efforts in North Carolina. [33] 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. LOUIS MOORE BACON’S ATTEMPT TO “COURT SHOP” – THWARTED!! Privacy Notice LOUIS BACON CRIMINALLY PROBED (USA State Dept.). Louis Bacon, who’s almost as famous for feuding with Canadian fashion tycoon Peter Nygard as he is for running one of the world’s most successful hedge funds, is throwing in the towel as an investor of outside capital. [23], In 1992, Bacon created The Moore Charitable Foundation (MCF) to provide financial support to nonprofit organizations that work to preserve and protect wildlife habitat and improve water systems. FNM Leader of Government Business in the Senate at the time, Senator Dion Foulkes, admitted on the floor of the Senate that ha, supported by the FNM Administration, gave Bacon the permit after the fact in the attempt to make his activity legal. He turned a profit during his fourth semester. What happens if no presidential candidate gets 270 electoral votes? It would appear that while Bacon is pushing a friendly environmental agenda through his clandestine political machine known as “Save the Bays” in The Bahamas, Bacon has perpetrated serious environmental breaches, contravening established environmental laws and regulations. The Trinchera section of the ranch is currently protected by an easement administered by Colorado Open Lands. The Government’s defined policy at that time and the law of the land, accorded with certain international protocols and agreements the Bahamas Government was a party to, general refused the construction of such private boat basins as they could harbor a variety of unwelcomed and illicit activities, inclusive of smuggling and trafficking in contraband as well as importing uncustomed goods, avoiding the payment of Customs tariffs. This easement will provide the foundation for the proposed new Sangre de Cristo Conservation Area. [13][14] In November 2007, Bacon purchased the Trinchera Ranch in Costilla County, Colorado from the Forbes family. Election results map: All eyes on Georgia, Arizona, Nevada and Pennsylvania, Woman busts her cheating boyfriend after spotting clue in his selfie, College student with COVID-19 found dead in dorm room while quarantining, Kourtney Kardashian peddles COVID-19 mask conspiracy. His key conservation projects include: In 2008, he was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame. Louis’ grandfather was a historian and preservationist in North Carolina and Louis’ father, Zack Bacon, Jr., was a real estate executive in Raleigh. This story has been shared 10,718 times. Seven Opposition MPs signed Letter of No Confidence against Dr. Minnis and sent letter to Government General! [17], In May 2011, the High Court in London granted Bacon a court order to obtain information from the Wikimedia Foundation, The Denver Post, and WordPress as to the identities of internet users alleged to have defamed him. “This privatization of MCM’s macro funds will allow me more personal time for a large family, philanthropic pursuits and to continue to develop a number of sports-oriented properties — all with the flexibility to ‘stay in the picture’ or not,” he said. As if The New York Times doesn’t have enough problems... Post was not sent - check your email addresses! In late 2010, after Bacon’s property manager of his estate was found dead in the pool in what the public general held as suspicious circumstances, the illegal dredging of the channel and construction of what many called a “smuggler-type” boat basin as it was covered from the sight of the public, came to light. The 171,400-acre (694 km2) property sold for $175 million. Forbes Magazine estimates his net worth to be US$1.81 billion, making him the 374th richest person on the Forbes 400 as of February 2017. 2:56. [4], In December 2013, he purchased Taos Ski Valley from the Blake family, who had owned it since 1954. [3] In 1989, Bacon used his middle name in founding Moore Capital Management LLC and in 1990 created Moore Global Investments using the $25,000 he inherited from his family. [34], Litigation involving the Wikimedia Foundation § Outcomes in favor of the plaintiffs, Litigation involving the Wikimedia Foundation, "Billionaire Louis Bacon battles to protect his ranch from big utilities' solar-power plans", "Louis Bacon Tries to Turn Around Taos Ski Valley", "Peter Nygard files RICO suit against billionaire Bahamas neighbour", "Meet cash king Louis Bacon: the richest hedge fund manager in London", "Weddings and celebrations - Gabrielle Sacconaghi, Louis Bacon", "Conservationist buys state's biggest ranch", "US billionaire wins high court order over Wikipedia 'defamation, "U.S. Law Protects Anonymous Speech, Not Billionaires", "Tory donor funds British marine reserve", "Million-Dollar Donors in the 2016 Presidential Race", "Board of Overseers: About: Louis Bacon '81", "Non profit news and comments - "Donor of the Day: Helping Protect the Hudson River." Legal experts contend that this “after-the-fact” issuance of the permit, was not only suspicious, improper and illegal, but does not cure the criminal offence committed by Bacon under Bahamian laws which makes him liable to being sentenced to a term of imprisonment. [10], In early 2019, it was reported that Peter Nygård 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.