The Beverly Hills Hotel went through several ownership changes in the 1980s. Ivan and Seema Boesky gained control of the Hotel in 1986 for $10 million. Later that year, when Ivan Boesky faced $100 million in fines and givebacks upon his conviction for insider trading, Seema Boesky sold the Hotel for $136 million to Denver oilman Marvin Davis. In 1987 after a meeting with the Sultan of Brunei at Wimbledon, Davis sold the Hotel to its present owner, Sajahtera, Inc., a subsidiary of the Brunei Investment Agency.

During the ‘80s, Michael Milken threw Drexel Burnham Lambert’s notorious “no wives” Thursday night party -- the highlight of his annual Predator’s Ball.

In 1987, the Hotel celebrated its 75th Anniversary.