Peter J. Burns III: Modeling Myself After "The Homeless Billionaire"

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One of my brother's friends, Nicolas Berggruen, often referred to as "The Homeless Billionaire" always fascinated me.

Nicolas Berggruen (born 10 August 1961) is a philanthropist and investor. A dual American and German citizen,[2] he is the founder and president of Berggruen Holdings, a private investment company and the Berggruen Institute, a think tank that works on addressing governance issues as well as the cultures and philosophies behind political systems. Through the Berggruen Institute he is also a co-founder with the Huffington Post of The WorldPost, a media publication dedicated to global issues.[3]

His worldwide interests were worth billions of dollars and he chose to live in the finest hotels, often taking up the entire floor...rather than to do the expected of owning multiple multi-million dollar mansions around the planet. To me, a single man, who disdains roots...it made a lot of sense. I simply didn't have the requisite number of "zeros" in my net worth to accomplish the same as Nicolas...yet.

In reality, I'm actually not too far off from putting together such a facsimile of Nicolas' unique style of housing himself with the advent of our new villa venture. I had previously tried a knock off of this concept by conceptualizing the "World Citizen" program with a Destination Club that I was involved with but that would have cost a hefty $1 million to "play" and would have only lasted a couple or three years at most. However, I really think the pieces of establishing this unique lifestyle, perhaps a notch or two down (lol) from Mr. Bergguren is within reach.

Let me share....

Our luxury vacation villa company created the unique methodology of acquired block of unused time in hundreds and soon thousands of multi-million vacation villas around the world. Basically, we figured out a way to "exchange" luxury goods and now even cost segregation studies (returning hundreds of thousands in tax benefits to the villa owner) for "dead time" in their lovely vacation residences. We then market these times to our growing roster of luxury travelers at a deep discount and arbitrage the spread. (see www.theassetexchangecollection.com)

My idea is to simply take some of those accumulated times in assorted villas and make myself home in one spectacular villa for each complementary season over the course of the year. With Internet coverage, my laptop and cell phone, I can conduct my business dealings from literally anywhere in the world. Why not become one of my clients?

So...at this stage of my life, why not "copy success" as exemplified by the appealing lifestyle of "The Homeless Billionaire" and make the world my home?

I think that's exactly what I'm going to do next. :)

Posted on January 26, 2018 .