Dubious Billionaire Behavior

Updated


By Minyanville.com

Meet ten wealthy people whose causes have caused controversy.

Among the richest of the rich, the smallest misdeeds can have amplified consequences. Here, Minyanville looks at the charges against 10 powerful billionaires. Some of their past (in some cases, current) actions might be labeled undemocratic at best, nearly criminal at worst.



You may be surprised to see respected New York City mayor Michael Bloomberg on the list. Few would expect to find Stewart and Lydia Resnick -- the owners of Fiji water and Pom, the pomegranate drink -- in this company, either. Even John Paulson, who technically did not break any laws when he bet big against the subprime market (while selling investments his own firm was shorting), has his staunch defenders.

Click through the headlines below to find out why these 10 billionaires have come under fire.

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