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

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

by Tom Wright

2018•EN
About the book

Journalists Tom Wright and Bradley Hope document the 1Malaysia Development Berhad scandal, centered on Jho Low, a financier who siphoned billions from a sovereign wealth fund. The narrative details how Low manipulated global financial systems, using Goldman Sachs bankers and Middle Eastern shell companies to launder money. He funneled these assets into high-stakes gambling, luxury real estate, and Hollywood films like The Wolf of Wall Street. The book tracks the failure of international oversight and the specific methods Low used to bribe prime ministers and celebrities.

This book serves readers interested in white-collar crime and the mechanics of international money laundering. It attracts those studying structural flaws in global banking and the intersection of private equity with political corruption. Readers finish the text with a technical understanding of how kleptocrats bypass anti-money laundering protocols and utilize offshore tax havens. It provides a case study in how institutional greed allows a single individual to compromise the integrity of the world’s most regulated financial markets.

Reading profile

Outward-looking and clear-cut; a moderate read.

Best for readers like The Practical Optimizer. Which reader are you?

Details
Published
2018
Language
EN

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