French millionaire Claude Berda, who invested €1.3 billion in Portuguese luxury real estate, dies at 78

French millionaire Claude Berda, who invested €1.3 billion in Portuguese luxury real estate, has died at age 78. Berda, owner of Vangard Properties, was known for his significant investments in Portugal, particularly the Terras da Comporta project. His son, Alexandre Berda, will now manage the family businesses. He was also recognized for his philanthropy and support of arts and social causes. Berda had considered Portugal his "new home" and obtained Portuguese nationality in 2021.