Fashion magnate Peter Nygård’s private resort in the Bahamas is a larger-than-life exercise in realizing a grand vision. Sacha de Frisching tours Nygård Cay
Fashion magnate Peter Nygård
portrait by Sacha de Frisching
HE STARTED from nothing and came from nowhere. In Finland, where he was born, he is known mostly through the tabloids, in Canada and the US, he is a well-known businessman whose fashion products are sold in fine department stores. And in the Bahamas, he is the man who, for a decade, has been building and creating an unconventional “Nirvana resort”, his hideaway and his joie de vivre.
The career of entrepreneur Peter Nygård has been meteoric, through his biggest competitor has always been himself. His parents sacrificed much to send him to university, where he excelled in sports, (Nygård would go on to participate in the Montreal Olympics of 1976 on the Canadian sailing team). In 1967, Nygård gathered his life savings and some borrowed capital and purchased 20 percent of a ladies’ fashion outlet. Within a few years he owned the company outright, and today, annual sales are approaching the US$500 million mark.
The sunset patio overlooking the sea
at Nygård Cay, Bahamas
Photography by Cookie Kinkead