Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice
(416 Pages) (8 Hours)
In essence, this book is a limited span biography. It tells the story of how Bill Browder, the son of a brilliant mathematician and grandson of a US Presidential candidate, became a capitalist. Not just any old capitalist, though, preferably one of the most successful of his generation. He spotted the investment potential in a newly capitalized Russia and persuaded high-end financiers to provide him with millions of dollars. His fund - The heritage fund - grew to have billions of dollars while he and his backers became multi-millionaires. When the small number of oligarchs who controlled around 40% of Russia's assets began to notice him, they decided to bring him down. One of Browden's lawyers, Sergei Magnitsky, is killed after being imprisoned on false charges, and Browden sets out to clear his name and identify the culprits. The only way of bringing them to any kind of justice is to put a clamp on their assets and prevent them from traveling out of Russia. But this was not the final act, Bill Browder embarked in a crusade which led to legislation ratified by the Congress, appropriately named the Magnitsky act whereby all involved in the fraud, conviction, and death of Sergei Magnitsky had their visas banned from traveling to the United States and whatever assets they had in the United States were frozen. Subsequently, similar legislation unanimously passed in the European Parliament.