Business

Nick Leeson Net Worth

Nick Leeson Net Worth is
$9 Million

Nick Leeson Biography

Nicholas “Nick” William Leeson (created 25 February 1967) is a former derivatives agent whose deceptive, unauthorized high risk trading caused the dramatic fall of Barings Bank, the UK’s oldest investment bank, that he was sentenced to penitentiary. In 1992, he was named general manager of a new operation in futures markets to the Singapore International Monetary Exchange (SIMEX). Barings had held a seat on SIMEX for a while, but failed to activate it until Leeson was sent over. Leeson was sent to Singapore after he was refused a agent’s license in the UK due to fraud on his application. In October 1994, Leeson was arrested in Singapore for an event including mooning. From 1992, Leeson made unauthorized high risk trades that at first made big gains for Barings: 10 million, which accounted for 10% of Barings’ yearly gain. He got a bonus of 130,000 on his wages of 50,000 for that year. Nevertheless, his chance soon went sour and he used one of Barings’ mistake accounts (accounts used to correct errors produced in trading) to conceal his losses. The account was numbered 88888 — 8 being a amount regarded as very fortunate in Chinese numerology. Leeson asserts this account was used to conceal an error made by among his co-workers; rather than purchase 20 contracts as the customer had purchased, she’d sold them, costing Barings 20,000.

Nick Leeson Net Worth $9 Million Dollars

Known for movies

Quick Facts

Full NameNick Leeson
Net Worth$9 Million
Date Of BirthFebruary 25, 1967
Place Of BirthWatford, United Kingdom
ProfessionBanker, Trader
EducationMiddlesex University
NationalityUnited Kingdom
SpouseLeona Tormay
NicknamesNicholas Leeson , Nicholas "Nick" William Leeson
Twitterhttp://www.twitter.com/thenickleeson
Wikipediahttps://en.wikipedia.org/wiki/Nick_Leeson
MoviesRogue Trader
Star SignPisces


Filmography

Actor

TitleYearStatusCharacter
Trial of the Century2016TV Mini-SeriesJury Member

Writer

TitleYearStatusCharacter
Rogue Trader1999autobiography

Self

TitleYearStatusCharacter
Brexit: The Big Debate Live2016TV MovieHimself - Former Financial Broker
The Gambling Gene2013DocumentaryHimself - Interviewee
The City Uncovered with Evan Davis2009TV Series documentaryHimself
Kelly2000-2005TV SeriesHimself
Celebrity Poker Club2004TV SeriesHimself
The Weakest Link2001TV SeriesHimself
The 11 O'Clock Show2000TV SeriesHimself - Special Guest
Manê kakumei1998TV Series documentaryHimself
Inside Story1996TV Series documentaryHimself

Archive Footage

TitleYearStatusCharacter
How Video Games Changed the World2013TV Movie documentaryHimself (uncredited)
Source
IMDB Wikipedia
Tags

Related Articles