by Fred Fuld III
If you haven’t read the book, Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World, by Tom Wright & Bradley Hope, you need to read it.
Do you know what all of the following have in common (in no particular order)?
Paris Hilton
Leonardo Dicaprio
Martin Scorsese
Malasia
Swiss Banks
Kleptocracy
Wolf of Wall Street Movie
Hollywood
Wall Street
Goldman Sachs
$500,000,000 Yacht
Miranda Kerr
$325,000 Ferrari
Supermodels
$33.5 million Manhattan condominium
President Obama
President Trump
Jamie Foxx
Busta Rhymes
Kasseem Dean
Alicia Keys
Swizz Beatz
Money Laundering
Cyprus
China
Macau
Indonesia
Bali
United States
12,000 pieces of jewelry
567 handbags
423 watches
FBI
Casinos
Million dollar parties
Las Vegas
All of the above are connected to a man named Jho Low, a Malaysian businessman who is accused of swindling billions of dollars, indirectly from the Malaysian government, and spending it on huge parties with actors, models, numerous bottles of champagne, gambling, and entertainment, in addition to expensive homes around the world.
Ironically, according to the book, Low funded the Martin Scorsese movie The Wolf of Wall Street, starring Leonardo DiCaprio, which was based on the true story of Jordan Belfort, the convicted stock market manipulator and boiler-room operator.
The story of Low reads like a financial mystery and thriller, and I rarely say this about a non-fiction book, but it is a page-turner.
So if you are looking for some end of summer reading, and if you like to read about frauds, scams, and swindles, Billion Dollar Whale will definitely keep you occupied.
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Thanks for the heads up on this book. Definitely going to read!