▁as ▁amb assador ▁to ▁the ▁Court ▁of ▁St ▁James ' s ▁in ▁the ▁UK . ▁In ▁ 1 9 6 9 , ▁under ▁pressure ▁after ▁the ▁Sh app ▁controvers y , ▁An nen berg ▁sold ▁The ▁In qu ir er ▁and ▁the ▁Philadelphia ▁Daily ▁News , ▁which ▁he ▁bought ▁in ▁ 1 9 5 7 , ▁to ▁Knight ▁New sp apers ▁for ▁$ 5 5 ▁million . ▁After ▁being ▁appointed ▁as ▁amb assador , ▁he ▁became ▁quite ▁popular ▁in ▁Britain , ▁being ▁made ▁an ▁Honor ary ▁Ben cher ▁of ▁the ▁Middle ▁Temple ▁on ▁ 2 6 ▁November ▁ 1 9 6 9 ▁and ▁an ▁honor ary ▁Knight ▁Commander ▁of ▁the ▁Order ▁of ▁the ▁British ▁Empire ▁( K BE ) ▁in ▁ 1 9 7 6 . ▁ ▁An nen berg ▁led ▁a ▁lav ish ▁l ifest yle . ▁His ▁Sun ny lands ▁winter ▁estate ▁in ▁Ran cho ▁Mira ge , ▁California ▁( near ▁Pal m ▁Spr ings ), ▁hosted ▁gather ings ▁with ▁such ▁people ▁as ▁President ▁Ron ald ▁Re agan ▁and ▁First ▁Lady ▁Nancy ▁Re agan , ▁Queen ▁Elizabeth ▁II , ▁Frank ▁Sin atra , ▁Bob ▁Hope , ▁B ing ▁C ros by , ▁Charles , ▁Prince ▁of ▁Wales , ▁and ▁the ▁family ▁of ▁Moh amm ad ▁Re za ▁P ah la vi . ▁An nen berg ▁introduced ▁President ▁Re agan ▁to ▁British ▁Prime ▁Minister ▁Margaret ▁Th atch er , ▁and ▁the ▁Re ag ans ▁often ▁celebrated ▁New ▁Year ' s ▁E ve ▁with ▁the ▁An nen berg s . ▁President ▁Ron ald