How Tony Hsieh’s Friends And Family Milked Millions In His Drug-Fueled Final Months

Forbes (04/23/2023)
  • In the final months before the tragic death of Zappos (online shoe store) founder Tony Hsieh, he tried stimulating the Park City, Utah economy during Covid.
  • Hsieh paid his employees a 10% commission for making investments and purchases on his behalf.
  • His close circle, including family members, exploited this program by making bad multi-million dollar purchases and investments.
  • Hsieh’s deteriorating mental state amplified by heavy drug use made him vulnerable and triggered erratic behavior that culminated with him dying in a fire.