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The Guardian - US
The Guardian - US
World
Edward Helmore in New York

The New York trial that has it all: Hollywood, megayachts, giant sums of money

Witness Timothy Leissner points out former Goldman Sachs banker Roger Ng in Brooklyn federal court on 16 February.
Witness Timothy Leissner points out former Goldman Sachs banker Roger Ng in Brooklyn federal court on 16 February. Photograph: Jane Rosenberg/Reuters

It started, at least in terms of the public’s recognition, with a giant spending spree that reads like a Christmas wishlist for a billionaire.

Picasso’s Women of Algiers for $179m; $100m to fund the production budget of Martin Scorsese’s The Wolf of Wall Street and a $600,000 Oscar statuette given to Marlon Brando for best actor in On the Waterfront – a gift for the movie’s star Leonardo DiCaprio. But it did not stop there: there was also a custom-built megayacht; a Beverly Hills hotel; a $415m stake in EMI music publishing; and a transparent grand piano.

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