[CB CRAZY E-BOOK SALES] Billion Dollar Whale by Tom Wright (1)
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Hachette Book Group
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Product Description

In 2015, we began reporting on a Malaysian sovereign wealth fund after rumors started swirling about its towering debts and shadowy dealings. It was an intriguing story. Goldman Sachs had made unfathomably large profits helping the fund raise money, and the ensuing scandal over the fate of the cash threatened to topple Malaysia’s prime minister. But this was no run-of-the-mill corruption case in yet another developing country. Media reports—and sources we began speaking to—suggested that Jho Low, a little-known, twenty-seven-year-old associate of the prime minister, had himself taken the money, possibly hundreds of millions, if not billions, of dollars, and used it to build a Hollywood production company, commission one of the world’s grandest yachts, and throw wildly decadent parties around the globe. If true, the Low affair would represent one of the greatest financial heists in history. Who was Jho Low? And how did he emerge from obscurity to become the alleged mastermind of a multi-billion-dollar scam—one seemingly pulled off under the noses of the financial world? We set out to uncover Low’s true identity, and what we found was astonishing. Behind the plain outward appearance and mild manners of Low was a serial fabulist who figured out how the world really works. He was everyone’s friend, but few truly knew him beyond his reputation as one of the greatest spenders of money the jet-setting class had seen in a generation. It was not just a wild story involving Wall Street bankers, celebrities, and a silver-tongued con man. Low’s very success, at its core, was rooted in the failures of the twenty-first-century global economy. His ability to take so much, fooling Wall Street banks, auditors, and regulators; his success in using untold wealth to buy his way into friendships with the world’s most famous actors and models; and the ease with which he made everyone believe he belonged. In all of this, Low was the product of a society preoccupied with wealth and glamour. This book is in PDF form, kindly provide email address upon check out. Thank you.

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