Reviews

  • Washington Post, 13th February 2015:
    Bill Browder arrived in Moscow in the spring of 1996 with $25 million to wager in the fledgling Russian stock market. Over the next few years, he earned his clients a 700 percent return, lost almost everything in the 1998 financial meltdown, and won it all back and more in the boom that followed. At the peak, his Hermitage Fund had $4.5 billion in assets, making him the country’s biggest foreign portfolio investor and the market’s most enthusiastic cheerleader. Then things began to go horribly wrong. “Red Notice” is the riveting account of Browder’s journey through the early years of Russian capitalism. A red notice is a global arrest warran... read full review
  • The Independent, 12th February 2015:
    A lot of books these days claim to lift the lid on the dark arts of the men in the Kremlin. Black deeds on Red Square are hot stuff in publishing. Just like the Tudors, there's always some new angle. However, many of these peeks inside the Kremlin are samey. They start with a cover of a Romanov eagle, or a shot of Moscow taken from a sinister angle and segue into a cautionary tale of how the unwary author fell in and out of love with Mother Russia. At first sight, Bill Browder's book is just another exposé. And, it is hard at first to warm to the author, a turbo-charged capitalist who roared off east in the hunt for rich pickings in the rubbl... read full review
  • All About Alpha, 8th February 2015:
    Ah, the mid 1990s. Memories. The Soviet Union was no more, and fashionable academics were writing books about how the world had reached the “end of history,” a time when the old ideological disputes would fade away, because everybody now understood that multi-party republics and capitalistic economic systems [with softened social-democratic edges] were the way to go. Policy wonks translated this vision into the “Washington Consensus,” a set of rules for how underdeveloped or war-torn countries could develop and join the club of the peaceful and developed. Boris Yeltsin, the flawed founder of post-Soviet Russian politics and a man with a flair... read full review
  • The Times, 7th February 2015:
    Late in the process of publishing this book its author sat down for lunch with George Clooney. Clooney was with his wife, Amal. It was said afterwards that they wanted to meet Bill Browder to talk about an anti-corruption law for Britain similar to one he has already pushed through the US Congress; a law that would freeze assets and ban visas for thieving Russians. Maybe that did come up. It would certainly be a good thing. But I’ll eat my Bic if George and Bill didn’t spend the starter and the main course and most of pudding talking about film rights. More than any other book to have emerged on mob rule in Russia since the fall of Communism,... read full review
  • Examiner.com, 7th February 2015:
    The timing of Bill Browder's new book, “Red Notice,” is quite impeccable. After years of craven appeasement, the West finally realized the failure of its “reset” policies with Russia. “Red Notice” provides a powerful glimpse of what’s been taking place in Putin’s Russia, while the world looked the other way. As the hedge fund manager, Browder was hugely successful with Hermitage Capital Management, a company he founded in Russia in 1996. It became the largest investment fund in the country. Browder was the prime example of succeeding the right way – without chicanery, fraud or embezzlement. This was the surefire way of irritating corrupt Russ... read full review
  • ValueWalk, 7th February 2015:
    Bill Browder has written a book that is by turns gripping, chilling, and moving—a book that impels a reviewer to pile one outraged adjective upon another. Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice (Simon & Schuster, 2015) is a scathing indictment of Putin’s brutal kleptocracy, which Browder and the people connected to his firm, Hermitage Capital, experienced firsthand. Browder, the grandson of Earl Browder, head of the American Communist Party who ran for president twice on the Communist ticket, rebelled and became a capitalist, though he still felt the pull of Eastern Europe. His first major deal was f... read full review
  • The Financial Times, 6th February 2015:
    One man who has experienced the Kremlin’s darker side and has been instrumental in developing a targeted sanctions policy against Russia is Bill Browder, a hedge fund manager turned human rights activist. If Dawisha’s book is a clinical dissection of Putin’s regime, Browder’s Red Notice is an impassioned personal broadside against the Kremlin. The first part of his book recounts his rollercoaster years as a US-born financier who moved to Moscow in the 1990s, built up the biggest foreign investment fund in Russia and was then thrown out of the country in 2005 after exposing systematic corporate corruption. Even in his own telling, Browder does... read full review
  • Christian Science Monitor, 4th February 2015:
    The capitalistic grandson of a noted US communist meets turmoil in today’s Russia. Bill Browder made piles of money as a foreign investor in Russia. At least, he did until the Russian government expelled him in 2005 for continually pointing out the country’s corrupt business practices. With Browder out of the way, two police officers then hijacked his company, Hermitage Capital, and set in motion an elaborate $230 million tax refund scam. An American with British citizenship, Browder was nervy enough to believe he could use the Russian courts to refute the government’s contrived case against him. But when Browder’s Russian lawyers followed th... read full review
  • The Spectator, 7th February 2015:
    The way to think about Russia, Bill Browder told me in Moscow in 2004, using a comparison he recycles in Red Notice, is as a giant prison yard. Vladimir Putin, he argued then, had no choice but to destroy Mikhail Khodorkovsky, the yard’s top dog and country’s richest man. One of a tribe of Western financiers who traversed a hermetic circuit of offices, guarded apartments, upscale restaurants and the airport, Browder would berate reporters for banging on about human rights abuses or atrocities in Chechnya. Putin was already Putin, for anyone who cared to notice — autocratic, corrupt, nationalistic — but, for Browder, Russia was an oil-powered ... read full review
  • Wall Street Journal, 2nd February 2015:
    For years, Bill Browder was a winner in Russia’s markets. Then he was expelled from the country and his lawyer was murdered. There is no gulag in today’s Russia. There are no show trials. Except, that is, for the tax lawyer Sergei Magnitsky. Magnitsky was beaten to death in 2009 in prison, where he was being held on trumped-up charges for alleging that state officials had robbed Russian taxpayers of millions of dollars. He was then tried and convicted posthumously of tax fraud. His brutal death capped off the era of Wild West capitalism in Russia—a period amply and engagingly described in “Red Notice” by Bill Browder, one of its chief America... read full review
  • Sunday Times, 1st February 2015:
    EVEN by the flawed standards of the Russian legal system, the events that played out in Moscow’s Tverskoy district court in July 2013 were a farce. After a trial lasting four months, the two accused were found guilty of massive tax fraud. Yet the cage in the courtroom from which they were meant to learn their fate was empty. One of them was in ­London, the other was in his grave.  The dead man was Sergei Magnitsky, a 37-year-old lawyer beaten to death by his guards in Moscow’s Butyrka jail more than three years earlier; his co-defendant was Bill Browder, the multimillionaire American investor who employed him. The message of their conviction ... read full review
  • New York Times, 1st February 2015:
    In the early 1990s Bill Browder invested $2,000 in a handful of Polish companies being privatized after the collapse of Communism. Eastern Europe was dipping a toe into the cold bath of free-market capitalism, and Mr. Browder, fresh out of Stanford University’s business school, wanted to jump in, too. His small investment quadrupled in value within the year and went on to repay him tenfold. “For those who don’t know, the sensation of finding a ‘ten-bagger’ is the financial equivalent of smoking crack cocaine,” he writes in “Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice.” “Once you’ve done it, you want to re... read full review
  • The Boston Globe, 31st January 2015:
    This is the tale of an accidental activist. An American goes to Russia in the Wild East 1990s. He makes a pile of money investing in the stock market, runs afoul of Vladimir Putin and his thugocracy of thieving oligarchs, and gets deported. His lawyer is killed. Instead of lying low, he fights back. He becomes an international crusader for justice. The same skills that brought him financial success — stubbornness, creativity, and media savvy — now bring about an act of Congress. Not a proverbial one, but an actual act passed by the House and Senate and signed into law by President Obama. Bill Browder, the unexpected hero and author of this su... read full review
  • The Independent, January 31st 2015:
    There is an unpalatable certainty about life in London these days: a middle-aged man who has made money in Russia will every so often fall off a balcony, keel over in his bathroom, or otherwise die prematurely in a mysterious way. Bill Browder, who used to be the largest foreign investor in Russia and made hundreds of millions of dollars over there, sincerely hopes to avoid the same grisly fate. But his would-be assassins show all the signs of being as cunning as they are determined. In the absence of any other means of foolproof security, therefore, his chief defence against low railings or undetectable poisons may well be telling his story ... read full review
  • Management Today, January 30th 2015:
    Bill Browder: 'Putin is a mafia don'  The former financier's autobiography is a gripping account of his rise and fall from Russia - and his fight for justice. Bill Browder is angry. Angry in a quiet, measured kind of way, but angry all the same. He is also full of guilt.  ‘My main regret was going to Russia in the first place, because it ended up with a man dying,’ he says.  There are people Browder blames more than himself for the death of his lawyer Sergei Magnitsky, who was denied treatment for a painful pancreatic condition, beaten up and then left to die in a Russian jail cell in 2009 after he uncovered a $230m (£151m) government fra... read full review
  • The Economist, 31st January 2015:
    Red sky in the morning. A salutary tale of robbery and redress. BILL BROWDER was a happy man in 2003. He had the perfect job and was making himself rich. He bought underpriced shares in badly run Russian companies and chivvied the management into behaving better so the share price would go up. It worked. Between the depth of Russia’s financial crash in 1998 and the end of 2003, his investment fund had grown more than 12-fold. What could go wrong? Plenty, it turned out, including expropriation, beatings, intimidation and death. “Red Notice” is a sizzling account of Mr Browder’s rise, fall and metamorphosis from bombastic financier to renowned ... read full review
  • Fortune Magazine, February 2015:
    Written by Norman Pearlstine. Investor Bill Browder pulls back the curtain on Putin’s culture of corruption. The jacket note for Bill Browder’s Red Notice calls it “a real-life thriller about an American-born financier in the Wild East of Russia, the murder of his principled young attorney, and his dangerous mission to expose the people responsible in the Kremlin.” The description is accurate as far as it goes. Browder’s lawyer, Sergei Magnitsky, uncovered a $230 million fraud perpetrated by Russian government officials against one of Browder’s companies in 2008. He was jailed after disclosing the fraud and subsequently killed while in pri... read full review
  • Booklist, 01 January 2015:
    Browder was a successful businessman, a pioneering investor in the emerging market that was Russia after the collapse of the Soviet Empire. In the 1990s, savvy investors were seeking out his hedge fund as a way to get in on astonishingly undervalued, newly privatized businesses in Russia. But along with privatization came the oligarchs, powerful Russians who took control of previously government-operated entities. After operating successfully for years, Browder ran afoul of the oligarchs and the government. He was suddenly persona non grata, expelled from Russia, leaving his company at the mercy of a tax scam—$230 million in fraud committed b... read full review
  • Kirkus Reviews - 15 November 2014:
    An American-born financier spins an almost unbelievable tale of the "poisoned" psychology afflicting business life in Vladimir Putin's Russia.By 2000, Browder, founder and CEO of the Hermitage Fund, helmed "the best performing emerging-markets fund in the world." Taking full advantage of the unprecedented investment opportunities available during post-Soviet Russia's transition from communism to capitalism, a gangland business atmosphere where oligarchs operated with impunity, Browder's firm became the biggest investor in Russia's stock market. He owed his rise in part to his willingness to fight back, to alert Western business contacts, to i... read full review
  • The Bookseller - 14 November 2014:
    Subtitled "How I Became Putin's No 1 Enemy," this is a jaw-dropping account of the Russian authorities' cover-up of the imprisonment, torture and murder of a brave young lawyer, Sergei Magnitsky, who testified against the Russian Interior Ministry regarding the conspiracy to steal $230m worth of taxes paid to the state by one of the world's most successful hedge funds. The fund's founder, who employed Magnitsky, tells of his transformation from hotshot financier to human rights activist, campaigning for justice for his friend. Walter Isaacson, chess grandmaster Garry Kasparov and Georffrey Robertson QC are among those urging us all to read ... read full review
  • Publishers Weekly - 10 November 2014:
    In Russia the gangsters are running the government, according to this fascinating firsthand story of state criminality and persecution. Browder, founder of the hedge fund Hermitage Capital Management (and grandson of American Communist Party leader Earl Browder), made his fortune investing in under-priced, privatized ex-Soviet companies and prodding their corrupt managers to divulge the true about their assets. The enmity of Russian oligarchs – and, eventually, Vladimir Putin – got him expelled from the country, whereupon his companies were seized by a group of police officials and used to steal $230 million from the Russian Treasury. When... read full review
  • "Of all the books I have read recently, this one truly caught my attention. What an extraordinary story, what an honourable cause, what a scary man is Mr Putin. I really could not put this book down."
    Thomas Harding, author of HANNS AND RUDOLF
  • "An unburdening, a witness statement and a thriller all that the same time ... Electrifying ... One heck of a read."
    The Times
  • "Browder's story of investing bravado turns into a thriller as compelling as any John le Carré spy novel"
    Institutional Investor
  • "A book that reads like a thriller, yet finishes as a tragedy."
    Christian Science Monitor
  • "It’s a Hollywood ending, right down to the standing ovation given by more than 700 European members of Parliament after passing the legislation."
    New York Times
  • "A tale that makes the dirty dealings of House of Cards look like Snow White."
    Toronto Star
  • “Just as Browder really is a hedge fund manager turned human rights activist, so this story of courage combined with a dash of obsessiveness is about the real here and now…Browder deserves our respect, and most of all, our protection through reading this book.”
    Sonia Purnell, writer and journalist
  • "A sizzling account of Mr Browder's rise, fall and metamorphosis from bombastic financier to renowned human-rights activist ... Reads more like a financial thriller than a real-life story"
    The Economist
  • "It reads like a non-fiction version of a Mario Puzo thriller. There’s a ruthless crime syndicate, a mafia boss – for Michael Corleone read Putin – and a growing tally of bodies."
    Luke Harding, award-winning foreign correspondent with the Guardian
  • “This book-within-a-book does for investing in Russia and the former Soviet Union what Liar’s Poker did for our understanding of Salomon Brothers, Wall Street, and the mortgage-backed securities business in the 1980s. Browder’s business saga meshes well with the story of corruption and murder in Vladimir Putin’s Russia, making Red Notice an early candidate for any list of the year’s best books.”
    Norman Pearlstine, magazine editor,  recipient of Lifetime Achievement Award by the American Society
  • “We urge you to read the first 10 pages and then try to put it down. And we challenge you to finish it and not be incensed.”
    Examiner.com
  • "Reads like a classic thriller, with an everyman hero alone and in danger in a hostile foreign city … but it's all true, and it's a story that needs to be told."
    Lee Child, bestselling author of the Jack Reacher novels
  • "A fascinating and unexpected story - including the fact that my work played Cupid."
    Mitch Albom, author, Tuesdays With Morrie
  • "The story of Sergei Magnitsky's life and death is a shocking true-life thriller, and Bill Browder was the man to write it."
    Tom Stoppard, playwright
  • "In Red Notice, Bill Browder tells the harrowing and inspiring story of how his fight for justice in Russia made him an unlikely international human rights leader and Vladimir Putin's number-one enemy. It’s a must-read for anyone interested in understanding the culture of corruption and impunity in Putin's Russia today, and Browder’s heroic example of how to fight back."
    US Senator John McCain
  • "This book reads like a thriller, but it's a true, important, and inspiring real story. Bill Browder is an amazing moral crusader, and his book is a must-read for anyone who seeks to understand Russia, Putin, or the challenges of doing business in the world today."
    Walter Isaacson, author of Steve Jobs and The Innovators
  • "Browder's true story is a heart-in-your-throat page turner, and the only close-up look I know of what it's like to take on Putin. It is also a moving account of a man who found his calling, and ended up winning in the end."
    Bryan Burrough, co-author of Barbarians at the Gate and author of Public Enemies and The Big Rich
  • "This indispensable look at the brutal realities of the Putin regime is of even greater relevance thanks to Bill Browder’s unique expertise and personal experience inside the belly of the beast"
    Garry Kasparov, chess Grand Master, political activist and author of How Life Imitates Chess
  • "Bill Browder has become one of the most sincerely hated men in the Kremlin over the years - and that is something to be incredibly proud of…This book shows the difference that one person can make when they refuse to back down, as told by a fellow soldier in the battle to hold Putin to account."
    Nadya Tolokonnikova and Masha Alekhina, members of Pussy Riot
  • "A fascinating, heart-stopping account of how to take on Putin - and win. It's exciting to read about Browder's roller-coaster ride to wealth in Russia, and then how compassion for Sergei Magnitsky, his murdered lawyer, inspires his memorable struggle against the venal apparatchiks of a corrupt state. This is the gripping - and absolutely true - story behind the Magnitsky Law, a signal advance in human rights."
    Geoffrey Robertson QC, author of Crimes Against Humanity: The Struggle For Global Justice

Latest News

  • Ein Amerikaner kämpft allein gegen den Kreml By Red Notice By Judith Herber, Swiss National Radio, 23rd February 2015 Der Amerikaner Bill Browder war einst der grösste Investor in Russland und ein Bewunderer ... read more
  • Putin’s Long Arm: How Russia uses Interpol to harass opponents By Red Notice By Ted R. Bromund, The Weekly Standard, 2nd March 2015 In Chechnya, Georgia, and Ukraine, Russia works through bribery, fear, and force to destroy it... read more

Red Notice

A real-life political thriller about an American born financier in the Wild East of Russia, the murder of his principled young attorney, and his dangerous mission to expose the people responsible in the Kremlin.

Red Notice will be published by Simon & Schuster in the US and by Random House in the UK, as well as publishers in France, Germany, Sweden, Norway, Finland, Holland, Poland, Czech Republic, and Romania.

For more information about the book and links to foreign editions click here