• How the playboy Prince of Brunei blew $15 billion

How the playboy Prince of Brunei blew $15 billion

Prince Jefri Bolkiah, the playboy brother of the Sultan of Brunei, led an exorbitantly lavish lifestyle until his assets were frozen and many of his positions sold off.

In fact, he "has probably gone through more cash than any other human being on earth," according to an extensive story chronicling the prince and his ongoing $23 million legal battle with his former lawyers in a recent issue of Vanity Fair.

At one point, he was reportedly spending $50 million a month.

Prince Jefri's fairy tale life came crashing down after authorities discovered that Jefri had personally blown through $14.8 billion from a government oil investment fund he was purportedly overseeing.

And he remains embroiled in a legal battle with his former attorneys.

Mark Seal's entire piece in Vanity Fair is worth a read. We picked out some of the highlights.

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Feb 23, 2012

How the playboy Prince of Brunei blew $15 billion

Prince Jefri Bolkiah, the playboy brother of the Sultan of Brunei, was burning through $50 million a month.

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