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The 'Homeless Billionaire' Settles Down

Berggruen in Berlin in June
Berggruen in Berlin in JunePhotograph by Britta Pedersen/Corbis

The New York Times published a fine piece yesterday by Rachel Donadio about the adventures of Nicolas Berggruen, the man known as the “homeless billionaire,” at the World Economic Forum at Davos. It was full of keenly observed detail about the wealthy think tank proprietor. She described Berggruen as a slightly impish 52-year-old with blue eyes and a cool charm. She captured him hobnobbing with the likes of Wikipedia co-founder Jimmy Wales and Boris Johnson, mayor of London.

Did the Times bury the lead? In the final paragraph, Donadio dropped a bombshell: