Four good reasons to book yourself off for the holidays
Good ideas for your downtime reading this season
Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood and the World by Tom Wright and Bradley Hope (Scribe)
Remember when Paris Hilton and Leonardo DiCaprio visited SA during the 2010 World Cup? The media, at the time, assumed it was because the stars were interested in soccer. And given their wealth, the private jets, expensive boxes and swanky dinners were surely all on their own account. Except it was not.
Billion Dollar Whale gives an extraordinary account of how a businessman from Malaysia, Jho Low, allegedly created a false narrative around his wealth and social and government connections to swindle billions of dollars through dodgy funds at the cost of innocent people. Authors Tom Wright and Bradley Hope give extensive accounts of how Low persuaded former Malaysian prime minister Najib Razak to create an investment fund using government money. Banks, including the mighty Goldman Sachs, raised $10bn for the fund. $5bn then disappeared...