Nelson Peltz: Junk bond activist

About this episode

<p>Nelson Peltz made his money via some contentious methods - junk bonds, corporate raids, leveraged buyouts and activist investing - but he is most famous because his daughter Nicola married a Beckham.</p><p>BBC business editor Simon Jack and journalist Zing Tsjeng follow Peltz’s career from dropping out of school to become a ski bum, to making a billion investing in some of the some of the world’s most famous brands, including Snapple, Heinz, Procter &amp; Gamble, Cadbury, Tiffany &amp; Co, and PepsiCo. They discover a man who doesn’t like to be told what to do, and who is always up for a (proxy) battle.</p><p>Good Bad Billionaire is the podcast that explores the lives of the super-rich and famous, tracking their wealth, philanthropy, business ethics, and success. There are leaders who made their money in Silicon Valley, on Wall Street and in high street fashion. From iconic celebrities and CEOs to titans of technology, the podcast unravels tales of fortune, power, economics, ambition and moral responsibility. Simon and Zing put their subjects to the test with a playful, totally unscientific scorecard — then hand the verdict over to you: are they good, bad, or simply billionaires? Here's how to contact the team: email <a href="mailto:goodbadbillionaire@bbc.com">goodbadbillionaire@bbc.com</a> or send a text or WhatsApp to +1 (917) 686-1176. Find out more about the show and read our privacy notice at www.bbcworldservice.com/goodbadbillionaire.</p>