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Billionaire Ron Burkle Makes Another Enemy

Burkle, who keeps his lawyers well fed, is a defendant in two lawsuits filed after he backed out of a Major League Soccer deal.

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In the mid-1990s Ron Burkle—the billionaire currently being sued over a botched Major League Soccer deal—was approached by an upstart investor named Bill Browder, who was trying to raise money for a hedge fund based in Russia.

Browder, an American living in London, had struggled to find a deep-pocketed partner. Burkle seemed like the ticket. The 43-year-old was already living at Greenacres, a mammoth Beverly Hills estate spanning 45,000 square feet. It was “the most ostentatious mansion I had ever seen,” Browder later recounted in his book, Red Notice. Bill Clinton had his own designated bedroom.

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Noah Kirsch
Noah KirschWealth and Power Reporter

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