
The Pirate of Prague
A charming young Czech promises staggering returns. An entire country’s oil industry is up for grabs. America’s top investors want in. Sounds too good to be true? Damn right it is. This is a story of private jets, $20,000 dinners, and suitcases stuffed with cash. It’s also a tale about the collapse of communism, the free-for-all that followed, and the birth of the oligarchs. And it’s a story of plain-old human greed...of just how far the rich may go to get even richer. Viktor Kožený smooth-talked his super-wealthy Aspen neighbors and a Wall Street titan into investing huge sums of cash to snap up Azerbaijan’s state-owned oil company. Host Joe Nocera and investigative journalist Peter Elkind follow the trail, beginning in the Bahamas, where the charismatic financial genius has been lying low. The Pirate of Prague is an Apple Original podcast, produced by Blanchard House. Follow and listen on Apple Podcasts.apple.co/pirate
Latest episodes

Dec 18, 2023 • 46min
Bottom of the Barrel | 8
Viktor, recently released from a notorious Bahamian prison, shares his harrowing journey of incarceration and escape. He details the oppressive conditions he faced and his dramatic fall from wealth to financial ruin. His intriguing life, once filled with extravagance, is now marked by legal battles and the search for his elusive whereabouts. Viktor also reflects on the consequences of ambition and the stark contrasts between his past and present realities, intertwining themes of justice, betrayal, and survival.

Dec 11, 2023 • 40min
The Seven Stages of Grief | 7
Viktor, embroiled in a bribery scandal and fighting extradition from the Bahamas, shares the tumultuous aftermath of a failed $100 million investment deal. He delves into the emotional toll on investors, navigating through denial and anger. The discussion highlights his unethical practices and lavish lifestyle, contrasting sharply with his legal battles. Viktor explores the seductive grip of greed that led many to trust his dubious schemes, unraveling the dangerous dynamics of money and trust in high-stakes finance.

Dec 4, 2023 • 40min
Vallpaper! | 6
Viktor and his investors navigate the high-stakes world of Azerbaijani oil deals, balancing ambition with the pitfalls of hubris. The complexities of backsheesh in negotiations highlight cultural nuances, while humorous dining tales and daring activities lighten the mood. Big George emerges as both protector and masseuse, blending strength with a calming presence. As personal crises unfold amid corporate tensions, the fragile nature of trust and the urgency of impending deals come to a head, revealing the tumultuous landscape of 1998's oil industry.

Nov 27, 2023 • 48min
In Bed With Baba | 5
Viktor plans to control the state-owned oil company of Azerbaijan. He recruits high-flying guests from his Christmas party in Aspen. Viktor sweet-talks elite investors into putting up big bucks. He raises funds with AIG and Columbia University. Viktor's extravagant lifestyle and connections are revealed. George Mitchell, a respected politician, gets involved in the business deal.

Nov 20, 2023 • 40min
Lifeless Cay | 4
In this thrilling discussion, Viktor shares his dramatic escape from a bribery scandal in Prague to a life of luxury in the Bahamas with his family. He reveals his extravagant purchases and the stark reality of life in the elite Lyford Cay, contrasting wealth with vulnerability. As he navigates ambitious business deals, including a controversial oil venture, Viktor's journey highlights the fine line between indulgence and desperation. His personal ties to renowned institutions and the role of philanthropy paint a complex portrait of ambition and excess.

Nov 13, 2023 • 39min
The Three Vaclavs | 3
Viktor's journey from oppressive communism to wealth reveals his talent for persuasion in post-1989 Czechoslovakia. Amid a scandal intertwined with politicians and spies, he navigates personal ambitions and complex relationships. Kendall grapples with isolation as Viktor's work consumes him. The clash of ideologies during the crucial transition to capitalism, along with the emerging Harvard Capital, showcases the tension between hope and skepticism in a changing economic landscape. Viktor’s rise exposes the fine line between promise and peril.

Nov 13, 2023 • 41min
The Best Student Harvard Ever Had | 2
Viktor shares his remarkable journey from escaping communist Czechoslovakia to posing as a physics prodigy at Harvard. He recounts his daring escape and how he charmed his way into elite circles, even stealing a professor's wife. The conversation dives into the chaos of academia and unexpected romances, including a tumultuous marriage that shapes his path. As communism falls, Viktor sees opportunities in Prague, highlighting his transformation from a struggling immigrant to a successful entrepreneur.

Nov 13, 2023 • 33min
The Party | 1
Viktor Kožený, a charismatic financial whiz kid from former Czechoslovakia, throws an extravagant Christmas party in Aspen that captivates elite guests. Amidst the luxury, he masks his ulterior motives and hints at risky investments promising massive profits, particularly in Azerbaijan's oil sector. The charm of this enigmatic host draws influential figures into a web of ambition and deception, revealing the dark side of wealth and the consequences of blind ambition.

Nov 6, 2023 • 3min
Introducing The Pirate of Prague
Viktor Kožený, a charismatic Czech financier, shares his notorious experiences in post-communist investments. He recounts how he dazzled affluent investors with promises of extraordinary returns while luring them into risky ventures. The conversation highlights the themes of greed and deception, painting a vivid picture of lavish parties and high-stakes deals amid the chaotic birth of oligarchs in Eastern Europe. Join Viktor as he unravels the thrilling yet cautionary tale of fortune, ambition, and human folly.
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