A Senior List Writer covering a wide array of topics who has been with Screen Rant since September of 2019, Jake Dee has written movie news and reviews since 2008, working primarily with OMG Horror (IGN), JoBlo.com, and Arrow in the Head as a freelance reporter based in Los Angeles. His replacement is the image-obsessed venture capitalist and business operator Mike Prince (played by Corey Stoll). The main character of the show, hedge fund manager Bobby Axelrod, who is played by actor Damian Lewis, is not based on a real person; however, he is loosely inspired by Steven A. Cohen, a real-life billionaire, and hedge fund manager at S.A.C. 2023 BDG Media, Inc. All rights reserved. Hedge fund performance coach Denise Shull is convinced that shes the inspiration for Wendy Rhoades, Chucks wife and Axe Capitals performance coachand she doesnt consider it flattering at all, going so far to sue the show for copyright infringement, the copyright in question being herself. Offers may be subject to change without notice. Posted by 11 months ago. Cantor Fitzgerald CEO Howard Lutnick has a similarly grim story. While her loyalties are torn between her boss Axe and her husband Chuck (Paul Giamatti), two bitter rivals, the relationship dynamic has not prevented Wendy Rhoades (Maggie Siff) from doing well for herself. Ackman and Axelrod share initials, and Billions star Damian Lewis has admitted that real Wall Streeters have approached him to discuss the likeness. No, Billions is not a true story but has been inspired by some of the real-life events. As Bobby's second in command at Axe Capital, the eminently quotable Mike "Wags" Wagner (David Costabile) has a personal stake in the company that has earned him roughly $200 million during his lifetime. Currently, Cohen is setting up another fund. But many of its characters are, with varying degrees of looseness, based on real people: Chief villain Bobby Axelrod is pretty transparently based primarily on Steve Cohen, with bits of Steve Schwarman, Dan Loeb and Howard Lutnick sprinkled in, and those in his orbit seem to have their SAC Capital equivalents, including an ex-wife that seems a combination of both Cohens current and former spouses, and a Matthew Martoma who actually cooperates with the authorities. There is, however, one thing that both Axelrod and Cohen most certainly have in common: their news-worthiness. If Axelrod takes after hedge fund tycoons like Steve Cohen (who himself was banned from trading client money for two years), then Prince brings to mind the moral grandstanding of Silicon Valley tech billionaires like Elon Musk and Mark Zuckerberg. Capital Advisors was prosecuted by the Southern District of New York (he ended up pleading guilty to insider trading in 2013). You'd switch back and forth . We may earn commission on some of the items you choose to buy. How Rich Is Lil Tay: The Truth About Her Lavish Home And Other Expensive Things. Ahead of Billions return on January 23, its co-creators dished to Forbes about the real-world inspirations behind their fictional billionaire characters. Billions is currently in its fifth season, with episodes airing on Sundays at 9 p.m. I write about wealth, billionaires and their companies. Among financial power players, his skill is nearly unparalleled though he's known to use illegal insider information to increase Axe Capital's earnings. The second season of the Showtime series Billions premiered between February and May of 2017, and it is speculated that the series was inspired by the Salomon Brothers treasury bond controversy that occurred in the 1990s. As the show progressed, by. After the first season of Billions, I have to say I think they got a lot of things right. Billions wont be the same show without you and Axe, wrote one fan. And how much of the story is based on actual occurrences in the world? And, while the show isn't basing Axelrod, Paul Giamatti's Chuck Rhodes, or any of the other characters on specific people, there are certainly a lot of famous stories coming out of Wall Street in . Ill miss the Billions family. However, the protagonist of Billions is also believed to be an amalgamation of multiple characters like Cohen. What's needed is deeper public opinion research and sustained efforts to understand why people think . Then again, so do many men portrayed in finance movies. Axelrod (born ) is an American political consultant and analyst and former White House official. A hopeless cinephile, social media Luddite, certified Nic Cage doppelganger, and a big Weekend At Bernie's fan, Jake can often be found tucked away in a dark corner watching an old horror movie. Who Has Drake Dated In The Past? Well, ladies and gentlemen WE TOTALLY CALLED IT! However, unlike the shows billionaire protagonist, Cohen agreed to settle for $1.2 billion apart from turning his fund into a home office and pleading guilty. A 17-year-old Died After Going Missing In The Ocean At A Popular Beach. In the first season of Billions, it's revealed that Bobby was outside of his World Trade Center office on 9/11; he survived, and most of his colleagues were killed. Of course, that kind of thing would be rife with controversy, says Brown, but if you don't even know the regular way to obtain a bank charter, it would be hard to be creative about how somebody like Bobby Axelrod would try to do that.. It was a joy whenever you were on screen. Elena Nicolaou. DAMIAN LEWIS set to return for BOBBY AXELROD showdown in new season of BILLIONS Stan 2 March 2023 0 The secret is out, Emmy winner Damian Lewis will return as fan-favourite Bobby "Axe" Axelrod to season seven of Stan's acclaimed drama series BILLIONS. His character Axelrod is a multi-billionaire thanks to his involvement with hedge funds. A memorable example: Levien attended a 2019 charity poker event in New York City whose attendees included a whos who of hedge fund investing: Avenue Capital Managements Marc Lasry (estimated net worth: $1.8 billion), Greenlight Capitals David Einhorn (estimated net worth: $1.4 billion) and Saba Capitals Boaz Weinstein (not a billionaire, but a recognized chess expert). . In terms of how they do their diligence, the whole psychiatrist-on-staff thing is similar to Bridgewater Associates or Citadel. .css-1du65oy{color:#323232;display:block;font-family:NewParis,Georgia,Times,serif;font-weight:normal;margin-bottom:0.3125rem;margin-top:0;-webkit-text-decoration:none;text-decoration:none;-webkit-font-smoothing:auto;}@media (any-hover: hover){.css-1du65oy:hover{color:link-hover;}}@media(max-width: 48rem){.css-1du65oy{font-size:1.0625rem;line-height:1.2;}}@media(min-width: 40.625rem){.css-1du65oy{font-size:1.0625rem;line-height:1.2;}}@media(min-width: 64rem){.css-1du65oy{font-size:1.3125rem;line-height:1.2;}}Alex Murdaugh's Murder Trial Is Ongoing, Damien Hirst Donated More than $10 Million to NHS, How to Help After Earthquake Hits Turkey, Syria, Jeff Bezos Pledges to Donate Most of His Wealth, Mastermind Behind Varsity Blues Gets 3.5 Years. most lucrative insider-trading scheme in history. At one point, he bestows his son Chuck Jr. with a $27 million trust fund, indicating that he has money to throw around in spades. My gut says that the U.S. attorney character, Chuck Rhoades, played by Paul Giamatti, is an Eliot Spitzer/Rudy Giuliani combo. Sure. They say, Ackman, Axelrod. The exit of Damian Lewis from the show has been in the works for three years, co-showrunner Brian Koppelman has revealed. The charges didn't dissuade Cohen from continuing his ways he threw a lavish party at his home in East Hampton, NY two days after federal prosecutors announced a five-count criminal indictment against S.A.C. The character swap reflects not just a plot twist, but broader changes since the shows 2016 debut: in the behavior and mindset of billionaires, and in the publics growing captivation with the jet-setting class, according to Billions co-creators David Levien and Brian Koppelman in an interview with Forbes. Are Dom And Georgia Still Together: A Look Into Their Love Story. In 1992, Cohen founded S.A.C. This article contains spoilers for Billions latest episode. Rajaratnam is currently serving an 11-year sentence, the longest ever for insider trading at the time of his conviction. Super-rich hedge fund managers earning billions of dollars through unfair and illegal means is also a reality. We wanted to explore that.. Second of all, I don't know how somebody who's running a firm like this could get hundreds of thousands of dollars in cash. Every item on this page was chosen by a Town & Country editor. They have even competed with billionaires in sporting eventswhich are as competitive as you might imagine. Jan. 17, 2016 Damien Lewis' return to Showtime comes in the form of Bobby "Axe" Axelrod on the new show Billions . He lives a luxurious lifestyle of expensive taste, including the purchase of several Picasso paintings in season 4. We walk the line between being creative and entertaining, and then grounding as much of that in reality as possible., For the more arcane storylines, Brown connects the shows writers with subject matter experts. Now that's money in the bank. Is it true that theres a person named Bobby Axelrod? Powered by WordPress.com VIP. The co-creators declined to reveal their other billionaire muses, but a number of other tycoons have appeared on the show, including Spanx founder Sara Blakely and New York Giants chairman Steven Tisch. TIL - Based on the Forbes 400 list, if Bobby Axelrod was a real person, then he would be around the 50th or 49th richest person in the United States. 2 min read. The show has been captivating fans with its complex and intense storylines since the drama premiered in January 2016. Is Billions Bobby Axelrod Based On A Real Guy? Unless you're telling me that there's only $5,000 or $7,000, which wouldn't make sense, I don't know where the cash would come from. They share the same initials as one. They have the same initials.' The Rhoades vs. Axelrod battle closely mirrors the one waged by U.S. Attorney Preet Bharara against Steven A. Cohen, the man behind SAC Capital, which shut down after insider trading charges. He is a fantastic manager of a hedge fund, and he can wield references to popular culture with the same degree of effectiveness that he can play the financial market. Initially awarded a $5 million bonus, Bobby doubled the amount to $10 million. How Rich Is Young Thug: How Much He Earns From Concerts? No way. Still, with an estimated $5 billion in holdings across all assets, Bobby is wealthy beyond belief. The idea of a certain brash billionaire real estate developer becoming president seemed far-fetched. RELATED: Damian Lewis' 5 Best & 5 Worst Movies (According To Rotten Tomatoes). The Wall Street performance coach, Denise Shull, filed a copyright infringement case against Showtime and the creator of Billions, Andrew Ross Sorkin. Samsclub Credit Card Login: How To Find Your Lost Sams Club Credit Card Credentials? Axelrod ripped apart his office but found no bugsat least, not yet. Where Axe has no father and no privilege, Chuck has much too much of both. One thing that I don't think seems real is a scene in a basement where Axelrod is giving a guy what looks like a suitcase full of cash. As Billions enters its post-Bobby Axelrod era in season six, its creators say they will remain focused on portraying billionaires truthfullythe good, the bad and the ugly. And the lead authority, Chuck Rhoades, is rather obviously a Preet Bharara stand-in, with a bit of Eliot Spitzer thrown in for good measure. Denise Shull sued 'Billions' on a variety of claims arising in IP. Then came 2013, when one of Cohen's head traders, Mathew Martoma, was accused, and later convicted, of insider trading. Who Is Maid Based On: Which Parts Of Maid Were Changed For Television? Dollar Bill Stearns (Kelly AuCoin) is one of Axe Capital's best earners, yet lives such a frugal lifestyle that it's hard to pin down his exact net worth. The actor that plays Bobby Axelrod on Billions is none other than English actor and producer, Damien Lewis. Moreover, if Axe has been managing Wags' money since September 11, 2001, then he's still doing extremely well. Once their show began airing, I could not escape comments from my clients, followers and audiences mentioning the similarity between Wendy and me., Hedge fund coach claims Billions trolling her by dressing character in favorite outfit [Thornton/N.Y. Part of this figure comes from her annual salary working for the prestigious Axe Capital hedge fund, and another huge portion comes from the bonus she received from Axe following the Ice Juice endeavor. Sunday's finale saw Bobby Axelrod flee to Switzerland to avoid prosecution from Paul Giamatti's State Attorney General Chuck Rhoades. One of the most unique characters in television is Bobby Axelrod, who appears in the Showtime series Billions and is portrayed by Damian Lewis at his naughtiest moments. Early on there's a scene where a young Stanford MBA and a portfolio manager go to Axelrod to say, "We've got this great idea: There's a stock trading at 35, and it's going to 39 next week. Season 1 ran from January 2016 until April 2016, Season 2 ran from February 2017 until May 2017, Season 3 ran from March 2018 until June 2018, and Season 4 ran from March 2019 until June 2019 with each season containing 12 episodes. But Bobby Axelrod isn't based on any real person," Lewis said. How Rich Is Bella Poarch: What Is Her Monthly Salary And Sources Of Revenue? The show gets that kind of stuff right. Images: JoJo Whilden, Jeff Neumann/SHOWTIME. For example, when Axelrods character decides to buy a bank in season five, Brown brought in a professional who specializes in institutional risk analysis for small banks. Like Martoma, Bill "Dollar Bill" Stearns (Kelly AuCoin) is arrested for insider trading in Billions; unlike Martoma, who is serving a prison sentence, Bill walks free. He's the brilliant manager of a hedge fund who can wield pop culture references as effectively as he can play the stock market. In the show's first season, Rhoades was hell-bent on taking down Axelrod an apparent real life parallel to former US Attorney Preet Bharara's pursuit of Cohen. While there's no precise equivalent of Bobby Axelrod in the real world, there are a few key figures that occupy eerily similar positions from the unfathomably lavish lifestyles to the unorthodox trading strategies. Cohen also got divorced in 1990. operations, Cohen was soon back in the game, founding Point72 Ventures. Since September 11, 2001, then he 's the brilliant manager of a certain brash real... Billions of dollars through unfair and illegal means is also a reality true story but has been managing Wags money. 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