Billion Dollar Whale
|Billion Dollar Whale
Tom Wright and Bradley Hope
Named a Best Book of 2018 by the Financial Times and Fortune, this New York Times-bestseller exposes how a 'modern Gatsby' swindled over $5 billion with the aid of Goldman Sachs in 'the heist of the century'.
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 pulled off one of the biggest heists in history.
In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude -- one that would come to symbolise the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund -- right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street.
By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the US Department of Justice continued its investigation.
Billion Dollar Whale has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.
Reviews, News & Interviews:
An extraordinary tale ... richly woven ... [with] dogged reporting ... Like all good business stories, Billion Dollar Whale is bigger than the immediate one it tells. It is a story of emerging markets crippled by corruption and cronyism and comes from the era of egregious and mostly punishment-free banking ... One thing is clear. If ever Hollywood gets round to telling the story on screen, here is perfect material for the script. Financial Times
If you like global intrigue, financial crime, wealth porn, and absurdity, Billion Dollar Whale, by Tom Wright and Bradley Hope, is for you ... It almost seems made up. Still, anyone who has followed the news out of Malaysia will know that the story is all too real. The New Yorker
One of the best business books in a long time. Brian Sullivan, CNBC
As Bad Blood is to biotech, Billion Dollar Whale is to international finance... a wonderful read... Thrilling. Bill Gates