Nicolas

"But that Berggruen and Rayne had a good contact with each other is revealed by the career of his son Nicolas: At the unusually young age of 17 (!), right after his graduation, he packs his bags and moves to the English metropolis to do an internship at London Merchant Securities, the financial investment firm of Max and Robbie Rayne – also father and son."

"According to verifiable research by biographer Vivien Stein, at this time his son Nicolas is already running the family foundation's business. As an investment vehicle, the special-purpose entity Freedom Acquisition Holdings is established and the offshore company Alexander Holdings is registered in the British Virgin Islands. The advantage is not only in the tax exemption. The banks in the Virgin Islands, as part of the British Commonwealth, are connected to London's financial institutions. One can channel the funds from the British-caribbean tax havens into European or global investment at any time, while also saving on capital transaction taxes."