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Luxury Rules at Exclusive Bahamas Resort

Stock quotes in this article: WYN , F , RCI  

At $42,000 a night, Nygard Cay in the Bahamas offers one of the most expensive escapes in the world.

The $50 million resort lures celebrities like Robert De Niro, Oprah Winfrey and Michael Jackson, who come in search of luxury, privacy and sunny, 77-degree days. Canadian fashion mogul Peter Nygard developed the five-acre property in 1987, designing it to host 20 guests inside 10 glass-walled cabanas facing the ocean.

Nygard Cay attracts celebrities like Robert DeNiro and Oprah Winfrey.

Nygard, who runs Nygard International, took 13 years to complete the Mayan-themed project, which includes a 50-foot-tall temple and a giant stone cobra that hisses steam. He splits his time among his company's headquarters in New York, corporate facilities in Canada and the resort he created from the proceeds of his women's clothing business. ...

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