
(portion of) Nygard Cay
Billionaires proves that they can be as petulant as the great unwashed. Although, with so much more money available to fund the fun, their creativity is unleashed.
A battle over beachfront property in the Bahamas is heating up — and this time it’s billionaire hedge fund mogul Louis Bacon who is getting sand kicked in his face.
Bacon, caught in a nasty spat with Canadian clothing magnate Peter Nygard, his neighbor in a tony Bahamas neighborhood, told an employee to find a way to burn down Nygard’s house*, according to explosive court papers filed in a Los Angeles courthouse.
The founder of New York hedge fund Moore Capital Management was moved to torch the extravagant estate five years ago after Nygard refused to sell him the prized parcel, court papers allege.
In a fit of pique, Bacon ordered an employee to “find a way to burn Mr. Nygard’s ‘****ing house’ down,” according to the lawsuit, which cites a conversation between employees of the two testy tycoons.
Those include allegations that Nygard orchestrated an elaborate campaign to smear him as a racist before local residents in the Bahamas.
In July, for example, Bacon alleges that Nygard paid dozens of protesters to march through the streets of Nassau carrying signs that linked Bacon to the Ku Klux Klan.
Bacon also says Nygard used his private jet to fly Nation of Islam leader Louis Farrakhan to the Bahamas, where he spoke at a rally denouncing Bacon as a racist.

Human Sacrifice Night, Nygard Cay
While the two were firing off claims in a Bahamas court, Bacon installed four “large, military-grade” speakers at the property line and pointed them at Nygard’s bedroom nearby, blaring “ear-piercing noises” whose aim was “solely to annoy Mr. Nygard and embarrass him in front of his guests,” court papers allege.
“There, that’s a message from Mr. Bacon,” one of the hedge fund mogul’s assistants yelled after one punishing noise session, according to the suit.
He then shouted: “Don’t ** with Louis.”
* A “house” that, even by Greenwich standards, might be considered largish:
This modern Mayan masterpiece is a 150,000 sq. ft wonderland of excess. There are waterslides, a human aquarium and countless Jacuzzis. Hundreds of craftsmen from Hollywood and Canada used tons of stone to create this colossal pre-Columbian structure. There is a 32,000 sq. ft grand-hall with a 100,000 pound glass ceiling. The Cay is inspired by the Mayan civilian which had some of the finest architecture throughout the history of the world.
All that is considered to be a selling point for potential renters.