Mr. Berggruen se divierte en la noche de los Oscar, en Los Angeles

One such party is given annually by Nicolas Berggruen, a familiar figure in New York, London, Paris, etc. Mr. Berggruen, who has his own billion dollar business called Berggruen Holdings, is a son of the late Heinz Berggruen, one of the most successful international art dealers of the 20th century.

	Chateau Marmont

Among his artists was a woman named Frida Kahlo, with whom he had an affair. After the war back in Paris, he was introduced to Pablo Picasso by Tristan Tzara, the Rumanian writer, one of the founders of the Dada movment. This introduction led to a very profitable association for both artist and dealer. At one point Mr. Berggruen owned 130 Picassos. In 2000 he sold his collection to Berlin's State Museums for $120 million - actually a bargain price. Twelve years before he donated 90 works by Paul Klee to the Met here in New York.

Nicolas is one of two sons of his father's second wife Bettina Moissi. His business takes him all over the world but, at this particular time of year, like so many others, he wants to be in Hollywood.

For the party, Berggruen took over the Chateau Marmont, and invited about 500. His guest list is considered one of the great mixes for Hollywood - pretty people, stars, goodlooking girls, power players. It "wasn't very industry," in the words of one guest, "but more of a social list; not being so uptight." It started at 9 pm and went until about two - very late for L.A.