Who Is Billions Based On: What happens in “Billions”?

let see Who Is Billions Based On, Billions is one of those shows that makes you want to daydream because of how it shows luxury and “fuck you money.” Like shows like “Succession,” the movie does a good job of showing how the ultra-rich live. The high production value of the movie matches the high net worth of the characters. Damian Lewis from “Homeland,” Maggie Siff from “Sons of Anarchy,” and Paul Giamatti are in the lead roles of the Showtime show.

Lewis plays Bobby “Axe” Axelrod, the head of a hedge fund. Chuck Rhoades, a truly ruthless lawyer, goes after him for things like insider trading. People have said that the show is entertaining and easy to watch more than once.

When does ‘Billions’ air?

Billions is in its fifth season, and new episodes air on Showtime every Sunday at 9 p.m. ET. The season started on May 3, and after eight episodes, it will end on June 21.

Who Is Billions Based On?

Billions is not a completely true story, but it is based on real events. For example, the bad guy and U.S. Attorney Chuck Rhoades (played by Paul Giamatti) is said to be loosely based on Preet Bharara, who was the U.S. Attorney for the Southern District of New York from 2009 to 2017 and was investigated during that time.

Even though there is no real Bobby Axelrod, the main character of the show and a hedge fund manager played by Damian Lewis, he is based on Steven A. Cohen, a billionaire and hedge fund manager at S.A.C. Capital Advisors who was prosecuted by the Southern District of New York (he ended up pleading guilty to insider trading in 2013). People say that the first season of Billions, which ran from January to April 2016, was based on Steven’s story.

Who Is Billions Based On

source: distractify

Due to the same initials, many people on Wall Street think that Bobby is based on billionaire Bill Ackman of Pershing Square Capital Management, which is a hedge fund management company. However, Damian has said that this is not true. “They say, ‘Ackman, Axelrod. They both start with the same letter.’ But Bobby Axelrod doesn’t look like anyone real, “he told Page Six once.

People say that the Salomon Brothers treasury bond scandal of the 1990s was the inspiration for the second season of Billions, which aired from February to May of 2017.

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What happens in “Billions”?

The website for the show says that Billions is a “Drama about power struggles in the world of high finance in New York. Chuck Rhoades, a smart and shrewd U.S. Attorney, and Bobby “Axe” Axelrod, a smart and ambitious hedge fund king, are headed for an explosive collision. Each man is using all of his smarts, power, and influence to get ahead of the other. In this timely and thought-provoking series, the money at stake is in the billions.”

What’s the Same and What’s Different?

The fight between Rhoades and Axelrod is very similar to the one between U.S. Attorney Preet Bharara and Steven A. Cohen, the man behind SAC Capital, which shut down after being charged with insider trading. Cohen can’t handle money from outside sources until 2018, so he opened a family office with 850 employees. This hasn’t changed much about his $13 billion fortune or his desire to buy art, though.

Steven A. Cohen vs. Preet Bharara

The fight between Bobby and Chuck is similar to and, according to the Wall Street Journal, loosely based on an attorney for the Southern District of New York named Preet Bharara’s case against Steven A. Cohen, one of the most powerful people in Wall Street Journal. Cohen made the $14 billion hedge fund S.A.C. Capital Advisors.

The New Yorker said, “He was short and fat, with a strong mind and a short fuse. He lived in a 35-thousand-square-foot mansion in Greenwich, Connecticut.”

But unlike the show’s billionaire main character, Cohen agreed to settle for $1.2 billion, turn his fund into a home office, and plead guilty instead of going to trial. But Cohen’s use of “fuck you money” was just as showy as Bobby’s was. After doing a lot of work on his public relations, Cohen was soon back in the game and started Point72 Ventures. As of February 2020, he was worth an incredible $14.1 billion.

Denise Shull Is Said to Have Had an Effect

Denise Shull, a Wall Street performance coach, sued Showtime and Andrew Ross Sorkin, who created the show “Billions,” for copyright infringement. She said that the show copied her book, “Market Mind Games,” and more specifically, the character of Dr. Wendy Rhoades. But Showtime tried to get the case thrown out, saying that the book and the show were nothing alike

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