Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World by Tom Wright

Leonard Pokrovski
Moderator
Iscritto: 2022-07-25 12:14:58
2024-01-23 18:56:12

PART I
THE INVENTION OF JHO LOW

Chapter 1
Fake Photos
Penang, Malaysia, Summer 1999
As he moved around the Lady Orient, a 160-foot yacht
docked at a government marina on Penang island, Jho Low
periodically checked he wasn’t being observed. Stashed in
his pocket were a handful of photographs of his family: his
father, Larry Low, a businessman who had made millions of
dollars through his stake in a local garment manufacturer;
his mother, Goh Gaik Ewe, a proud housewife who doted on
her children; and his two elder siblings. Locating photos of
the boat’s owner, a Penang-based billionaire, he eased the
snapshots one by one from their frames, replacing them
with those of his own family. Later, he did the same at a
British colonial-era holiday home on Penang Hill, which he
also had borrowed from the billionaire, a friend of Low’s
family.
From Penang Hill, covered in rainforest, Low could see
down to George Town, the British colonial capital named
for George III, a warren of whitewashed mansions and
crumbling Chinese shophouses. Beyond, the narrow straits
that separated Penang island from continental Asia came
into view. Situated at the mouth of the Strait of Malacca, an
important sea lane linking Europe and the Middle East to
China, Penang had attracted its share of adventurers, from
British colonial officers to Chinese traders and other

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