Episode 5: Martin Shkreli (Pharma Bro)

By his early 30s, Martin Shkreli had held a variety of impressive roles; he was the co-founder of multiple successful hedge funds, CEO of biotechnology firm Retrophin; and founder and CEO of Turing Pharmaceuticals. So, how did young Martin Shkreli, with no formal training in chemistry and a Bachelor's Degree in business administration, become a pharmaceutical CEO and have an estimated worth by Fortune magazine in 2016 of $45 million?

And how did Martin Shkreli only a few years later become a convicted felon worth practically nothing; referred to by the media as "Pharma Bro" and "the most hated man in America"?

And whatever happened to that unreleased Wu Tang Clan Album Martin Shkreli bought for $2 million? Find out today on the Controversial Figures Podcast.

Connect with us on Twitter: https://twitter.com/FiguresPodcast

Episode Sources:

• CNBC https://www.cnbc.com/2019/08/07/retrophin-paid-martin-shkreli-to-settle-all-legal-claims.html
• NetFlix Dirty Money, Drug Short episode
• Vanity Fair https://www.vanityfair.com/news/2015/12/martin-shkreli-pharmaceuticals-ceo-interview
• Wikipedia
  • Martin Shkreli https://en.wikipedia.org/wiki/Martin_Shkreli
  • Naked Short Sell https://en.wikipedia.org/wiki/Naked_short_selling
  • Once Upon a Time in Shaolin https://en.wikipedia.org/wiki/Once_Upon_a_Time_in_Shaolin
• Xconomy https://xconomy.com/san-diego/2019/08/22/retrophin-sinks-as-drug-pharma-bro-martin-shkreli-co-invented-fails/
• Music: The 6 is Silent by Skyjelly

Buzzsprout - Let's get your podcast launched!
Start for FREE

Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show