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Billionaire Donald Bren Publicly Disowns Son as Lawsuits Target 'The Bunker'

Multiple investor lawsuits claim the luxury club he pitched was a mirage.

Overview

  • Donald Bren said, "We do not have a personal or business relationship with this individual," distancing himself from his 33-year-old son, David.
  • Court filings allege David Bren used his family name to solicit six- and seven-figure investments for a purported ultra-luxury members club called The Bunker.
  • Promotional materials described memberships costing $14,500 per month with access to a $50 million fleet of luxury cars, fine wines, private lounges, and curated dinners.
  • One lawsuit asserts that The Bunker does not exist, calling the venture a mirage with no members and no real operations.
  • Several suits seek to recoup investor losses reported in the millions, with some filings pegging the total around $2 million, and the allegations have not been adjudicated.