Louis Bacon - Personal Life

Personal Life

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

In November 2007, Bacon purchased the Trinchera Ranch in Costilla County, Colorado from the Forbes family. The 171,400-acre (694 km2) property sold for $175 million.

In March 2010 Forbes Magazine estimated Bacon's net worth to be $1.5 billion and the 655th richest person in the world.

In 2010, Bacon purchased the Orton Plantation Gardens in North Carolina which was built in by his ancestor, Roger Moore, in 1735.

In May 2011, the High Court in London granted Bacon a court order to obtain information from the Wikimedia Foundation, The Denver Post newspaper, 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.

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