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Billionaire accused of stealing sand from public California beach [Video]

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Venture Capital

MALIBU, Calif.A battle over sand.

That’s what two billionaires are apparently fighting over after one apparently accused the other of stealing mounds of sand from a public beach in Malibu for his own private construction project, the Los Angeles Times reports.

According to a lawsuit obtained by the Times, Milwaukee Brewers owner Mark Attanasio has been digging up sand from the exclusive Broad Beach for his own mansion.

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The lawsuit was filed by his neighbor, James Kohlberg, the son of Jerome Kohlberg Jr., one of the founders of private equity firm Kohlberg Kravis Roberts & Co.

“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,” the lawsuit stated, according to the publication.

The lawsuit states …

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