Billionaire Boys Club

The Billionaire Boys Club (BBC) was an investment-and-social club organized by Joseph Gamsky, also known as "Joe Hunt", in southern California in 1983. It was originally simply named "BBC"; the initials of a business named the Bombay Bicycle Club, a video arcade Gamsky had frequented in his earlier years while growing up in Chicago. The club enticed with get-rich-quick schemes the sons of wealthy families from the Harvard School for Boys (now Harvard-Westlake School) in the Los Angeles area. Because of the reputation of the organization being composed of young, inexperienced boys from moneyed families, jocose slang got around that "BBC" stood for "Billionaire Boys' Club". During his high school years, Gamsky and his brother were high-profile members of the Harvard School debate team. However, Gamsky was thrown out of the USC Summer Debate Institute in 1975 after admitting he fabricated evidence.