What kind of book is "The Whale Swallowed Billions"?
If you like "Bad Blood" and watch how reporters peel off huge financial fraud and watch the mastermind plan a seemingly seamless scam with evil intentions, you will fall in love with this book.
If you like "Crazy Rich Asians" and see the unabashed indulgence and absurd life, and how the protagonist enjoys endless squandering of wealth, you will also fall in love with this book.
The protagonist of the story of "Billionaires" is Malaysian Jho Low. He personally set off a world-class financial fraud storm and used various pretexts to absorb hundreds of millions of dollars. He can be called the Asian version of "Wall Street".
Wolf" and his deeds are even worse.
What's even more interesting is that he financed and financed the filming of the movie "The Wolf of Wall Street", and even the best actor Leonardo was a regular at his parties!
This book was painstakingly researched by two senior reporters from the Wall Street Journal for four years, interviewing more than 100 interviewees in dozens of countries around the world, and browsing tens of thousands of court documents, confidential files, financial reports, and emails to expose this.
A financial scandal rocked Wall Street, Hollywood and the world.
This article shares the connection between three absurd passages in the book and the above three books. For other exciting details, I recommend reading the original books yourself!
1.
A scam more complicated than Bad Blood Jho Low, who has an insight into the workings of the capital world, began to show his talent at a young age.
For the parties he holds on campus, both standard invitations and VIP invitations will be sent. Those with VIP qualifications can enjoy the exclusive open bar and a shuttle bus to the party venue.
He already understands human nature: "People like to be valued."
He boldly plagiarized reports from stock analysts everywhere and combined them into his own work. Fortunately, he successfully submitted it to the pages of financial media and was regarded by the market as an excellent investment and stock picking expert. At this time, he was just a rookie in school and had no investment experience.
Later, he lobbied former Malaysian Prime Minister Najib to establish the "1Malaysia Development Berhad" (1MDB: 1Malaysia Development Berhad) to start attracting money.
From then on, he began to have frequent contacts with high-ranking officials and nobles in the Middle East. He relied on his friendship with the Prime Minister to successfully expand his network of contacts and misappropriated the assets of the fund for his own use.
The author also laments the sadness of totalitarian politics: "As long as you say that you have some relationship with a high-ranking totalitarian political official, no one will think about where your huge wealth comes from."
Then Low Taek Jho extended his tentacles to Wall Street and Hollywood and began spending large sums of money to invite film and television celebrities to parties.
No matter how rich the Middle Eastern aristocrats are, they still seem to need Jho Low to hold the line.
He also purchased mansions, private jets, luxury yachts, art and gems across the United States.
He became everyone's friend, but no one knew his true origins.
Low Taek Jho used money, fame, charm, connections and other elements to build up the image of himself as a powerful person through lies.
Just like "Bad Blood", when this web of lies is overwhelming, the participants in the game let greed lead them to make decisions, and no longer ask about the absurdity and irrationality behind things.
2.
Crazy Rich Asians throw parties like this. All the birthday parties you have seen in your life are not as good as the one organized by Jho Low for himself in Las Vegas. It was called "the party to end all parties" by guests and reporters.
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According to sources, the party alone cost over $5 million.
Guests attending the event included Leonardo DiCaprio, Jamie Foxx, Paris Hilton, Kanye West, Kim Kardashian and Olympic swimmer Michael Phelps
Then, they were all taken to the nightclub venue in a stretched luxury limousine to have a party.