When Billion Dollar Whale was first published in 2018, it was hard to get a copy in Malaysia. It was not immediately available at local bookstores, neither could I find it online. If not for a relative in Australia who sent a copy to me, I would not have been able to read it.
Wait....why am I reviewing a book that I read four years ago? That's because the law seems to have finally caught up with a few of the people involved in the financial fraud, and when I mentioned some details from the book to friends and acquaintances, I found to my surprise that many have yet to read the book. Neither were they aware of its existence.
Billion Dollar Whale is an account of Jho Low, a young Malaysian man who came from a relatively wealthy but obscure background to become one of Hollywood's high-flyers who mingled with the likes of Paris Hilton, Megan Fox and Leonardo DiCaprio, just to name a few. Well, perhaps "mingled" is a wrong word. He PAID millions in US dollars for them to hang around him at parties.
The book focused on how Jho Low siphoned US$4 billion out of Malaysian public funds. His flamboyance made the movie "Wall Street" looked like child's play. Unfortunately I do not remember enough of the details to write about them in depth (I read the book FOUR years ago!), but a couple of things stayed in my mind till today.
Jho Low used his time in Wharton to make friends with children from elite families. To appear like he's in their league, he rented yachts, luxury homes and cars and passed them off as belonging to his family. There was one luxury home he rented where he planted his family photos strategically around the house to further cement the lie.
Another impression that lingered was that Jho Low might not like women very much. He might have surrounded himself with extremely beautiful women, but he did not seem to care for their company.
For example, he would pose with them for the cameras, looking for all the world like he enjoyed their company but once the cameras were gone, he would sit alone or with other men, smoking or drinking. His interactions with them were more like a king with his subjects. It was as if he was telling the women that they might be highly paid sought-after celebrities, but they're nothing more than background setting to him.