Louis Bacon

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. Nygård and Bacon had been previously engaged in a protracted legal dispute over two adjacent properties they own in the Bahamas.

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.

In December 2013, he purchased Taos Ski Valley from the Blake family, who had owned it since 1954.

Bacon owns the Trinchera Blanca Ranch located in the San Luis Valley. The Trinchera section of the ranch is currently protected by an easement administered by Colorado Open Lands. The new conservation easement Bacon intends to donate is to protect Blanca – thus protecting all 172,000 acres of land.

He is the 2013 recipient of the Audubon Medal, given in recognition of outstanding achievement in the field of conservation and environmental protection. 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.

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. This easement will provide the foundation for the proposed new Sangre de Cristo Conservation Area.

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. Legal experts suggested compliance with the orders was unlikely, given the US tradition of freedom of speech, and the fact that US courts typically required "actual evidence or sufficient allegations of libel" before granting similar orders.

Bacon contributed £500,000 to Britain's Conservative Party between 2010 and 2016. Bacon also served as a fundraiser for Mitt Romney. In 2015, Bacon donated $1 million to a Super PAC supporting the presidential candidacy of Jeb Bush.

In 2008, he was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame.

In 2006, Forbes named Bacon as the 746th richest person in the world, and in 2011 he was listed as the 736th richest man. In 2010, the Denver Post reported that his $1.6 billion ranked him as the 238th richest American. In March 2010 Forbes Magazine estimated Bacon's net worth to be $1.5 billion and the 655th richest person in the world.

In 2002 Bacon obtained Austrian citizenship due to a special treatment for celebrities who have provided notable achievements for Austria. However this decision is being criticized by certain people because there is no particular achievement known.

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. Bacon has donated more than one million dollars to the environmental non-profit organization Riverkeeper.

In 1991, Bacon was 20th on the list of Financial World's Top 100 Wall Street Earners list.

In 1987 Bacon founded Remington Trading Partners and his market insights allowed him to profit during the market crash and subsequent rebound. 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.

In 1986 Bacon married Cynthia Pigott, a former Newsweek magazine staff member whom he later divorced in 2002. They had four children together. In 2007, he married Gabrielle Sacconaghi in Manhattan. In November 2007, Bacon purchased the Trinchera Ranch in Costilla County, Colorado from the Forbes family. The 171,400-acre (694 km) property sold for $175 million. In 2010, Bacon purchased the Orton Plantation in North Carolina which was built by his ancestor, Roger Moore, son of James Moore, in 1735.

Bacon graduated from Episcopal High School in Alexandria, Virginia. He attended Middlebury College in Vermont where he received his BA in American literature, graduating in 1979. Bacon met Walter Frank while he was working on a fishing boat on Long Island. He was given a job clerking at the specialist firm Walter N. Frank & Co during the summers of his college years. 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.

Bacon was born in Raleigh, North Carolina on July 25, 1956. 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.