Uploaded August 2026 | Updated September 2026, 2 weeks ago
Over three decades, Wall Street dealmaker Leonard Tannenbaum has reaped hundreds of millions in fees from his debt-focused funds. But in his wake he has left a trail of failed businesses, shattered relationships, burned shareholders and ugly lawsuits.
Read the full story on Forbes: forbes.com/sites/johnhyatt/2026/07/27/how-private-credits-master-of-disaster-made-an-800-million-fortune
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Over three decades, Wall Street dealmaker Leonard Tannenbaum has reaped hundreds of millions in fees from his debt-focused funds. But in his wake he has left a trail of failed businesses, shattered relationships, burned shareholders and ugly lawsuits.
Read the full story on Forbes: forbes.com/sites/johnhyatt/2026/07/27/how-private-credits-master-of-disaster-made-an-800-million-fortune
Subscribe to FORBES: youtube.com/user/Forbes?sub_confirmation=1
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes newsletters: newsletters.editorial.forbes.com
Forbes on Facebook: fb.com/forbes
Forbes Video on Twitter: twitter.com/forbes
Forbes Video on Instagram: instagram.com/forbes
More From Forbes: forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
