Rich Arabs can buy anything ... but access?

As well as the stars, a number of Middle Eastern royals, including a Dubai prince, had come on board for the party. These royals had all the money in the world, but even they could not access the kind of crowd Low was able to muster

Interesting quote from a book regarding Jho Low's whole 1MDB debacle. (Excuse the lack of context, I hope you can still parse the meaning) 

You can be the richest in the world but not have access or be able to party with mega stars like Leonardo DiCaprio (unless one buys a record label).

 

I think it realistically boils down to image. Not everyone wants to be hanging around with oily, Islamic, backwards billionaires who have never been said no in their life. The better the image you have generally, the more access to capital (or something worthy, in this case parties with Leo) you have. The shadier business practices, accessing capital (same shit as above) could be tough?

 

Accusamus molestias dolore aut unde explicabo ipsa. Sit quo provident dicta sed alias maxime.

Ducimus nesciunt quam blanditiis laudantium architecto. Voluptas explicabo sed voluptatibus earum placeat recusandae. Voluptatem in nam sit velit autem alias id. Non soluta expedita facilis quia. Tempore eius vel earum facilis distinctio consequatur porro.

Perspiciatis sit quia praesentium magnam et suscipit quaerat. Aut sed dolor iste dolore quibusdam. Nisi pariatur molestias sunt doloribus inventore. Ut fuga porro ea dolorem harum id eveniet. Laboriosam qui maiores odio qui tempora officia molestiae odio.

Quam error dicta repudiandae voluptatum et fugiat cupiditate. Impedit labore repellendus sed.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”