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Now a #1 international bestseller, Billion Dollar Whale is "an epic tale of white-collar crime on a global scale" (Publishers Weekly), 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.
From award-winning Wall Street Journal reporters Justin Scheck & Bradley Hope (coauthor of Billion Dollar Whale), this revelatory look at the world's most powerful ruling family reveals how a rift within Saudi Arabian royalty produced Crown Prince Mohammed bin Salman, a charismatic leader with a ruthless streak. *Longlisted for the Financial Times & McKinsey Business Book of the Year Award* 35-year-old Mohammed bin Salman's sudden rise stunned the world. Political and business leaders such as former UK prime minister Tony Blair and WME chairman Ari Emanuel flew out to meet with the crown prince and came away convinced that his desire to reform the kingdom was sincere. He spoke passionately about bringing women into the workforce and toning down Saudi Arabia's restrictive Islamic law. He lifted the ban on women driving and explored investments in Silicon Valley.
But MBS began to betray an erratic interior beneath the polish laid on by scores of consultants and public relations experts like McKinsey & Company. The allegations of his extreme brutality and excess began to slip out, including that he ordered the assassination of journalist Jamal Khashoggi. While stamping out dissent by holding 300 people, including prominent members of the Saudi royal family, in the Ritz-Carlton hotel and elsewhere for months, he continued to exhibit his extreme wealth, including buying a $70 million chateau in Europe and one of the world's most expensive yachts. It seemed that he did not understand nor care about how the outside world would react to his displays of autocratic muscle-what mattered was the flex.
Blood and Oil is a gripping work of investigative journalism about one of the world's most decisive and dangerous new leaders. Hope and Scheck show how MBS' precipitous rise coincided with the fraying of the simple bargain that had been at the head of US-Saudi relations for more than 80 years: oil, for military protection. Caught in his net are well-known US bankers, Hollywood figures, and politicians, all eager to help the charming and crafty crown prince.
The Middle East is already a volatile region. Add to the mix an ambitious prince with extraordinary powers, hunger for lucre, a tight relationship with the White House through President Trump's son in law Jared Kushner, and an apparent willingness to break anything-and anyone-that gets in the way of his vision, and the stakes of his rise are bracing. If his bid fails, Saudi Arabia has the potential to become an unstable failed state and a magnet for Islamic extremists. And if his bid to transform his country succeeds, even in part, it will have reverberations around the world.
But it was too late. As street protests swelled into the hundreds of thousands across the country, decision-making at the highest levels broke down and Mubarak fled to the resort city of Sharm el Sheikh.
This is the inside story of the final days of Egypt’s modern day pharaoh, who ruled with near autocratic powers for three decades before being forced to resign on February 11, 2011.
Cairo-based journalist Bradley Hope interviewed more than two dozen eyewitnesses, from current and former officials to Mubarak's long-time make-up artist, to tell the dramatic story of the president's downfall.
Aber es war zu spät. Die Proteste auf den Straßen weiteten sich aus, bis sich Hunderttausende im ganzen Land erhoben. Die Entscheidungsfindung auf den höchsten Ebenen brach zusammen, und Mubarak floh nach Sharm el Sheikh.
Dies ist die Insider-Geschichte der letzten Tage von Ägyptens zeitgenössischem Pharao, der drei Jahrzehnte lang als Autokrat herrschte, bevor er am 11. Februar 2011 zum Rücktritt gezwungen wurde.
Der Journalist Bradley Hope, Kairo, interviewte mehr als zwei Dutzend Augenzeugen, von gegenwärtigen und ehemaligen Funktionären bis hin zu Mubaraks langjährigem Maskenbildner, die ihm die dramatische Geschichte vom Fall des Präsidenten erzählten.