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

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

by Tom Wright, Bradley Hope

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Named a Best Book of 2018 by the Financial Times and Fortune, this "thrilling" (Bill Gates) 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" (Axios).
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 symbolize 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 U.S. 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.

Product Details

ISBN-13: 9780316436489
Publisher: Hachette Books
Publication date: 09/18/2018
Sold by: Hachette Digital, Inc.
Format: NOOK Book
Sales rank: 61,512
File size: 42 MB
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About the 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.

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.

Table of Contents

Authors' Note xi

Cast of Characters xv

Prologue 1

Part I The Invention of Jho Low

Chapter 1 Fake Photos 13

Chapter 2 Asian Great Gatsby 22

Chapter 3 Win Tons of Money 27

Chapter 4 We're Going to Need a Bigger Van 32

Chapter 5 A Nice Toy 42

Chapter 6 Doctor Leissner, I Presume 49

Chapter 7 Saudi "Royalty" (The First Heist) 61

Chapter 8 Hitting a Gold Mine 67

Chapter 9 "I Feel the Earth Move" 74

Part II Overnight Billionaire

Chapter 10 An Evening with the Playmates 81

Chapter 11 Raining Cristal 94

Chapter 12 How to Spend a Billion 99

Chapter 13 Where's Our Money? 104

Chapter 14 Roll the Presses 111

Chapter 15 Welcome to New York 115

Chapter 16 Shitty, Junk Products 119

Chapter 17 My Good Friend, Leo 127

Chapter 18 Two-Million-Kuro Bottle Parade 132

Chapter 19 "Keep Your Nonsense to Yourself" 140

Chapter 20 Belfort Smells a Scam 147

Chapter 21 Bitter Severance 155

Chapter 22 Penthouse with a View 159

Chapter 23 Switzerland of the East 164

Chapter 24 Brazen Sky 170

Chapter 25 Goldman and the Sheikh (The Second Heist) 176

Chapter 26 Bilking the State 182

Part III Empire

Chapter 27 Making Busta His Bitch 197

Chapter 28 All the Wealth in the World 203

Chapter 29 Mystique of the Orient 211

Chapter 30 "681 American Pies" (The Third Heist) 216

Chapter 31 Art No One Can See 227

Chapter 32 Jewelers and Bankers 235

Chapter 33 Bona Fide Business 242

Chapter 34 140 Gigabytes 247

Chapter 35 Leo's Wall Street indictment 252

Chapter 36 The Oval Office 256

Chapter 37 Size Matters 265

Chapter 38 Losing Control 270

Part IV Bonfire Of Secrets

Chapter 39 "No Cash. No Deal." 283

Chapter 40 Generous Jho 292

Chapter 41 Sacks of Money 296

Chapter 42 The Expose 303

Chapter 43 Buttocks in a G-String 309

Chapter 44 Strongman Najib 315

Part V The Captain's Resolve

Chapter 45 Prosecutor in an Oil Drum 327

Chapter 46 Special Agent Bill McMurry 330

Chapter 47 Partying on the Run 340

Chapter 48 China Connection 344

Chapter 49 Glass Half Full 348

Chapter 50 White-Collar Crime 352

Chapter 51 King Khadem Falls 361

Epilogue 367

Acknowledgments 377

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