Where is Joe Hunt now and what did he do? All we know ahead of CNN’s Billionaire Boys Club premiere

In the 1980s, Joe Hunt was considered as the face of the Billionaire Boys Club (BBC), a group of young men whose pursuit of wealth and greed led to financial scandals and even led to the death of two men in Los Angeles.

With CNN set to debut its Hollywood scandal series, Billionaire Boys Club, people want to know more about the man at the center of the scandal, Joe Hunt, where he is now and what he did in the past.

According to Distractify, Hunt grew up relatively poor in Van Nuys, California, and was determined to escape his fate. He attended elite Harvard-Westlake School before graduating from USC in two years. In his early twenties, he had passed the CPA exam and was a commodities trader. But it was his pursuit of power and status that ultimately inspired the formation of the Billionaire Boys Club.

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Today, in his mid 60s, Joe Hunt is in a prison inside a Sacramento suburb which specializes in prisoners with long-term medical needs. Hunt has supposedly discovered spirituality in jail and follows the Ananda Church, which believes in meditation, yoga and selfless service.

According to reports, he has helped raise a million dollars for the church and is campaigning for medical care for other prisoners. He later became a founding member of a support group for men in prison that was adapted into a documentary.

More about Joe Hunt's conviction and the history behind the Billionaire Boys Club

The Billionaire Boys Club was a gentlemen’s club of rich young men who pooled their fortunes together and invested in commodities under Joe Hunt’s watch. But prosecutors later referred to it as a Ponzi scheme, one that required continued cash flow to keep up.

The group’s financial affairs became even more tenuous in 1983 when Hunt met Ronald Levin, a 42-year-old conman.

 

 

 

 

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According to CNN, at first, Levin came across as a strong ally, giving Hunt $5 million to grow into a dummy account, and Hunt supposedly turned the money into $13.5 million in just six weeks.

But Levin eventually double-crossed Hunt, bankrupting the account and leaving the BBC in a state of financial ruin. Hunt is suspected to have killed Levin in the late summer of 1984 in a fit of rage and humiliation. Levin’s body was never recovered, but Hunt was found guilty of his murder in 1987 and sentenced to life in prison.

Joe Hunt continues to maintain his innocence, claiming Levin faked his own death. His tale has since been the subject of several films and documentaries. Now, people are excited for another iteration of the story through CNN’s upcoming series.