690. When Billionaires Attack | The Overdeck Divorce
We’ve all heard that money doesn’t buy you happiness, and today we have a prime example. John Overdeck, co-founder of one of the world’s largest hedge funds, Two Sigma Investments, is worth somewhere between $6B and $10B, but the guy can’t get himself out of an increasingly enmeshed series of conflicts. First, there’s the feud he has with Two Sigma’s co-founder, where each holds about 50% of the company and they stopped speaking years ago. Then, there’s John’s estranged wife, Laura, who alleges in their divorce that he started squirreling money away in trusts in Wyoming almost twenty years ago to make sure it was out of her reach. Even the guy’s girlfriend is filing lawsuits and calling the cops!
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Stacie’s Receipts
The Soap Opera at Hedge Fund Two Sigma Has a New Plot Twist – WSJ
Highlights From the Messy Divorce Trial of a Hedge-Fund Titan – WSJ
A Hedge-Fund Titan’s Divorce Is Putting Wall Street’s Staggering Wealth on Public View – WSJ
WEDDINGS/CELEBRATIONS; Laura Bilodeau, John Overdeck – The New York Times
Warring Billionaires, a Rogue Employee, a Divorce: One Hedge Fund’s Tale of Woe – The New York Times
Divorce, hedge-fund style: inside the breakup at Two Sigma – Crain Currency
NJ billionaire had cops called on him by girlfriend while fighting $6.2 billion divorce case: report (nypost.com)