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Billion Dollar Whale
The Man Who Fooled Wall Street, Hollywood, and the World
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Check link for latest rating. ( 37,404 ratings, 2,403 reviews)
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Billion Dollar Whale
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
Two Pulitzer-finalist Wall Street Journal reporters document the true story of how a young social climber orchestrated one of history's biggest financial heists, exposing the secret nexus of elite wealth, banking, Hollywood, and politics.
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Description
Now a #1 international bestseller, Billion Dollar Whale is "an epic tale of white-collar crime on a global scale" (Publishers Weekly, starred review), revealing how a young social climber from Malaysia orchestrated one of the biggest financial heists in history.
Billion Dollar Whale follows the meteoric rise of Jho Low, a mild-mannered graduate of the University of Pennsylvania's Wharton School of Business, and his audacious plan to defraud billions of dollars from the Malaysian government's investment fund, 1MDB. Low's scheme started modestly in 2009 but quickly expanded into a sprawling fraud of unprecedented scope, capturing the attention of the global financial community.
With the complicity of high-profile financial institutions, including Goldman Sachs, Low siphoned billions from 1MDB, using the stolen funds to finance an extravagant lifestyle. His purchases ranged from election campaign contributions to luxury real estate, lavish parties, and even a significant investment in Hollywood, notably financing The Wolf of Wall Street.
By early 2019, Low's opulent lifestyle came crashing down as authorities from multiple countries seized his assets, including his yacht and private jet. Facing criminal charges in Malaysia and the United States, Low became an international fugitive, while the U.S. Department of Justice pursued its investigation into the sprawling scandal.
Billion Dollar Whale is not just a thrilling tale of deception and luxury; it serves as a cautionary story of hubris and greed, joining the ranks of financial crime classics such as Liar's Poker, Den of Thieves, and Bad Blood. This riveting account is a must-read for anyone interested in the darker side of the global financial system and the stories of those who manipulate it for their gain.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Billion Dollar Whale is praised for its detailed, thrilling recount of Jho Low's extensive financial fraud, dazzling spending, and evasion. Critics highlight its gripping narrative, meticulous research, and compelling portrayal of global financial misconduct. Frequently compared to Bad Blood, it is considered highly entertaining and informative, exposing extreme corruption and intrigue in international finance.
Book Details
INFORMATION
ISBN: 9780316436472
Publisher: Little, Brown & Company
Format: Paperback / softback
Date Published: 22 October 2019
Country: United States
Imprint: Hachette Books
Audience: General / adult
DIMENSIONS
Spine width: 32.0mm
Width: 209.0mm
Height: 139.0mm
Weight: 390g
Pages: 416
About the Author
Bradley Hope (Author)
Bradley Hope has worked for the Wall Street Journal for the last four years, covering finance and malfeasance from New York City and London. Before that, he spent six years as a correspondent in the Middle East, where he covered the Arab Spring uprisings from Cairo, Tripoli, Tunis, and Beirut. He was detained by authorities in Bahrain, reported from the front lines of the Libyan civil war, and has been teargassed in raucous Egyptian protests. Bradley is a Pulitzer finalist and a Loeb winner, and also author of Last Days of the Pharaoh, a chronicle of the final days and hours of the presidency of Hosni Mubarak.Tom Wright (Author) Tom Wright was one of the first journalists to arrive at the scene of the raid in which Navy SEALs killed Osama bin Laden. In 2013, he spearheaded coverage of the collapse of the Rana Plaza factory in Bangladesh, which killed over 1,000 people, earning the Wall Street Journal a Sigma Delta Chi award from The Society of Professional Journalists. He is a Pulitzer finalist, a Loeb winner, and has garnered numerous awards from the Society of Publishers in Asia, which in 2016 named him "Journalist of the Year." He speaks English, Malay, French and Italian.Also by Bradley Hope
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