Legendary bond investor Bill Gross and his wife Amy have won a protracted legal battle to keep a $1 million backyard sculpture that sparked a years-long feud with their Laguna Beach neighbor.
The billionaire founder of investment management company PIMCO said on Tuesday that the city had issued final approval for the permanent installation of the intricate blown glass sculpture by Dale Chihuly.
The sculpture had been a focal point in Gross' bitter and convoluted feud with his tech-entrepreneur neighbor Mark Towfiq, who sought the artwork's removal and claimed Gross retaliated by blaring the theme song from Gilligan's Island on a loop.
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