Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World by Tom Wright, Bradley Hope

Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World

by Tom Wright, Bradley Hope

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How do you take roughly $4.5 billion out of a sovereign wealth fund in plain sight? You find gatekeepers who are paid well not to stop you. Wright and Hope follow Jho Low's money through Goldman Sachs, the auditors, Hollywood and Najib Razak's government, and Low is still a fugitive when the book ends.

Core ideas
  • Paid gatekeepers: Goldman, the auditors and the banks provided no friction once there was profit in it.
  • Spending as cover: The Wolf of Wall Street financing, the real estate and the art were the crime and the laundering at the same time.
  • Political protection: Najib Razak's cover made it possible, and his 2018 defeat is what finally took it away.
Published2018
Pages400
ISBN9780316436502

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