• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
SuccessWealth

Son of KKR co-founder sues Milwaukee Brewers owner for allegedly stealing sand in Malibu

By
Rachel Graf
Rachel Graf
,
John Gittelsohn
John Gittelsohn
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Rachel Graf
Rachel Graf
,
John Gittelsohn
John Gittelsohn
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
August 15, 2024, 5:13 PM ET
Mark Attanasio
Milwaukee Brewers principal owner Mark Attanasio in 2024.Photographer: Jeenah Moon/Bloomberg via Getty Images
Add Fortune on Google for similar content.

In Malibu, the upper crust Pacific Ocean enclave near Los Angeles, James Kohlberg, son of the late KKR & Co. co-founder Jerome Kohlberg, has accused another business titan of stealing sand.

Recommended Video

He is alleging in a lawsuit that a neighbor on Broad Beach Road, Milwaukee Brewers principal owner Mark Attanasio, is using heavy machinery to help himself to large scoops of the public beach as part of a construction project.

“This case is about a private property owner using a public beach as their own personal sandbox and the disturbing conversion of a public natural resource (i.e., sand from Broad Beach) for a nearby homeowner’s personal, private use,” lawyers for Kohlberg wrote in the complaint filed last week in the Beverly Hills branch of Los Angeles state court. 

Attanasio will “aggressively defend” his rights in this legal process, his attorney, Kenneth Ehrlich, said in an emailed statement. Attanasio’s company has complied with requirements in a construction project permit, the lawyer said.

The Broad Beach spat started after Attanasio obtained a permit to do repair work on the seawall at one of his parcels. Conditions in the permit barred the use of heavy machinery in the tidal zone and removal of sand from the public beach, according to the complaint.

Attanasio’s crew used “enormous excavators” to dredge up the sand, disturbing local marine life and draining a beach with “historic concerns of sand depletion” of even more sand, Kohlberg’s lawyers wrote. 

Expensive Homes

Malibu, a 21-mile stretch of beachfront, is a getaway for celebrities, tech, and finance billionaires with the most expensive homes ever sold in California.

California has had its share of high-powered people involved in coastal quarrels. To the north, venture capital billionaire Vinod Khosla has waged a 15-year fight to block public access through his private property to a popular surfing spot near San Francisco. To the south, “Bond King” Bill Gross three years ago lost his bid to fend off criminal charges after he tormented his Laguna Beach neighbors by blasting the Gilligan’s Island theme song on outdoor speakers.

Kohlberg claims he contacted California regulators to no avail. The California Coastal Commission launched an investigation but hasn’t taken action to stop the sand-stealing, according to the complaint. 

California Coastal Act

The lawsuit cites violations of the California Coastal Act and nuisance claims. Kohlberg is seeking a court order requiring Attanasio to replace the sand and preventing him from taking more of it, as well as monetary fines.

The lawyer for Attanasio said his limited liability company, 2XMD, the legal owner of the Broad Beach Road property, “is in the midst of a fully-permitted emergency repair of the property to protect it from ocean forces.”  

“It has secured all permits necessary for the repairs from the City of Malibu and LA County as well as thoroughly vetted all contractors and sub-contractors involved in the project,” Ehrlich said in his statement. “It has acted in 100% compliance with all of its permits.”

Kohlberg bought his beachfront home in 2021 for $14.2 million, according to property records. Attanasio paid $23 million in 2007 for one part of his property and $6.6 million for an adjacent lot in 2017.

Attanasio is co-founder of Los Angeles-based Crescent Capital Group, an alternative asset manager with $43 billion under management as of March 31.

Kohlberg is chairman of Kohlberg & Co., a private equity firm founded by his father, who was a pioneer of leveraged buyouts at KKR. Last month, Kohlberg pledged $30 million to finance a center to advocate for reform of the Supreme Court, the Washington Post reported.

The case is Los Trancos Management Services LLC v. 2XMD Partners LLC, 24SMCV03828, California Superior Court, Los Angeles County (Beverly Hills). 

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Rachel Graf
See full bioRight Arrow Button Icon
By John Gittelsohn
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

erik
AIJobs
‘It’s not going away’: The Stanford economist who called the AI entry-level jobs crisis early has the receipts
By Nick LichtenbergJune 27, 2026
15 hours ago
Robert Shiller, professor of economics at Yale University
AIEconomics
Nobel laureate economist warns AI jobs apocalypse fears could become a self-fulfilling prophesy
By Eva RoytburgJune 27, 2026
17 hours ago
dr
Commentarydisruption
The uncertainty paradox: believe it or not, today’s massive uncertainty creates the best conditions for disruptive growth
By James G. Naples, Wendy K. Smith and Scott D. AnthonyJune 27, 2026
17 hours ago
One in 10 Gen Zers want their boss to be replaced by AI—they’re already being polite to ChatGPT just in case
SuccessGen Z
One in 10 Gen Zers want their boss to be replaced by AI—they’re already being polite to ChatGPT just in case
By Orianna Rosa RoyleJune 27, 2026
18 hours ago
young workers talking at their desks
SuccessGen Z
Stop blaming Gen Z for resisting RTO: 71% say they want a hybrid balance—and now they’re quietly leading the office comeback
By Sydney LakeJune 27, 2026
18 hours ago
Warren Buffett with his arm around Bill Gates
SuccessWealth
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
18 hours ago

Most Popular

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
18 hours ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
3 days ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
4 days ago
The 33-year-old executive Satya Nadella is trusting to fix Microsoft’s Copilot AI assistant
AI
The 33-year-old executive Satya Nadella is trusting to fix Microsoft’s Copilot AI assistant
By Sebastian HerreraJune 27, 2026
19 hours ago
The end of Putin’s regime will spring from war spending chaos, former central bank advisor says, amid military mutiny threat and fuel-shortage brawls
Europe
The end of Putin’s regime will spring from war spending chaos, former central bank advisor says, amid military mutiny threat and fuel-shortage brawls
By Jason MaJune 27, 2026
10 hours ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.