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The scandal rocking the Beverly Hills elite—billionaire Donald Bren’s son loses everything after a $2 million fraud and the death of an investor

by Victoria Flores
October 13, 2025
in News
The scandal rocking the Beverly Hills elite—billionaire Donald Bren's son loses everything after a $2 million fraud and the death of an investor

The scandal rocking the Beverly Hills elite—billionaire Donald Bren's son loses everything after a $2 million fraud and the death of an investor

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The American business community have been very affected by the story of Donald Bren and his son David Bren. The Bunker, a supposed private luxury car club, started out as a glamorous idea but has  grown into a scandal since, involving fraud, legal action, and even tragedy.

The project has now turned into a case study of how charm, wealth, and ambition can clash, having promised an exclusive lifestyle experience for celebrities and millionaires in Los Angeles. A multimillion-dollar “man cave” investment descended into broken promises, legal disputes, and a tragic suicide, according to reports from the Los Angeles Times and the U.S. Sun.

From luxury to loss in the Bunker dream

David Bren, who was 33 at the time, presented an ambitious proposal in 2020: turning a portion of the Beverly Hills Hotel into The Bunker, a club de luxury where members could drive Ferraris or Bugattis, enjoy cigars, fine dining, and premium liquor for $14,500 per month. It was referred to as “the ultimate man cave” for auto enthusiasts in investor presentations. An impressive number of investors, including NBA player Kristaps Porziņģis, Mark Cuban, and Larry Ellison, were attracted to the pitch.

However, as time went on, investors kept asking the same thing: where was the club? There were no refunds, no permits, and no construction. According to one lawsuit, “The Bunker does not exist. There is no ultra-high-end automotive club. There are no members. The business is a mirage.”

According to other filings, David did not construct the promised club but instead used investor funds to finance his own extravagant way of life.

Dad has nothing to do with it

Donald Bren, is one of the wealthiest multimillionaires in the world with an estimated net worth of $18 billion. The 93-year-old real estate magnate, who is well-known for his big network of luxury projects and his solitary way of living, was quick to make it clear that he was unrelated to his son’s company operations.

“We do not have a personal or business relationship with this individual.” He told reporters through his spokesperson, Paul Hernandez.

David and Donald have a complicated past. Jennifer McKey Gold, David’s mother, accused Donald of being an absent father when she filed a lawsuit against him decades ago for retroactive child support. Despite winning the case in the end, Donald agreed to cover his children’s tuition until they turned 25.

The tragedy of the investor

Encouraged by her mentor Tony Chen, tech entrepreneur Nanxi Liu made a $100,000 investment. Both tried to get their money back when the project stalled but failed.

Mike Tran claims that Chen’s guilt and frustration reached an intolerable level. He fell into a deep depression after splitting from his wife and living with Tran. He committed suicide in Tran’s house in September 2022, at 46 years old.

Liu eventually sued to recover some of her investment, but she decided to go public after Chen’s passing: “Here in the US we have one of the strongest legal systems, and yet this person is still able to do everything he’s doing.” 

Other investors followed Liu suing and demanding answers. Accusations increased when some of David Bren’s checks bounced.

Behind the glamour was a warning story

What was marketed as an upscale inversion in a “luxury club” turned out to be a warning about the fragility of people, loneliness, and greed. It seemed like publicly abandoning his son for Donald Bren. And it ended tragically for others, such as Tony Chen.

I guess we could see it as an important wake-up call to anyone watching; not all glamorous promises are made to succeed, even in the world of multimillionaires.

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