A brawny bodybuilder with a generous side: The late investor was an atypical Wall Street sage. But at Guggenheim, he oversaw billions for the firm and made millions for himself. His sudden death shocked even those closest to him and spurred infighting over his will.
The six-acre estate has its own vineyard and horse stables, a palatial master bedroom warmed by a 17th-century-style fireplace, and a lagoon with waterfalls and a swim-up bar. Neighbors once included the former chair of Hewlett-Packard, who reportedly paid the Rolling Stones $2 million to perform at a private party for his wife just down the road. Minerd was new to Rancho Santa Fe, having fled south from Marina del Rey to escape the pandemic, but he got COVID anyway.
He was a Republican but a centrist. “Scott was politically commonsensical,” said Luntz. “He was focused on results and solutions.” Two years before he died, in a chat with editorial staffers at the Los Angeles Times, Minerd backed Medicare for All and said “the Green New Deal is actually not such a bad idea.” Minerd became the face of Guggenheim, a role he jealously guarded. Media interviews were his emotional counterprogramming. They seemed to make him feel better, like a good therapy session.
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