Tim Leissner (born November 2, 1969) is a German-born former investment banker who gained global attention for his involvement in the 1MDB (1Malaysia Development Berhad) scandal. Born and raised in Germany, Leissner developed an early interest in finance, eventually pursuing studies in business and finance. His ambition and skills allowed him to enter the competitive world of investment banking, ultimately rising to a senior position at Goldman Sachs, one of the world’s top investment banks.

Leissner’s early life was marked by a drive for success and an affinity for financial markets. His move from Germany to the global banking stage represented both his ambition and his adaptability, characteristics that would later define his professional rise.

Tim Leissner Career at Goldman Sachs

Tim Leissner’s career at Goldman Sachs was distinguished and highly lucrative. He eventually became Managing Director and later Chairman of Goldman Sachs’ Southeast Asia division. In this role, he oversaw key deals and investment strategies in one of the fastest-growing regions in the world.

One of the most notable chapters of his career was his involvement with 1MDB, a Malaysian sovereign wealth fund. Between 2012 and 2013, Leissner played a leading role in arranging three bond offerings for 1MDB, totaling approximately $6.5 billion. While these transactions initially brought substantial profits to Goldman Sachs, a large portion of the funds raised was later misappropriated, leading to one of the biggest financial frauds in recent history.

During his tenure at Goldman, Leissner reportedly earned additional income from private consulting and undisclosed roles with other organizations. For instance, in 2015, he reportedly earned $41,000 a month from a private investment fund without disclosing this to Goldman, which later raised conflict-of-interest concerns.

The 1MDB Scandal & Legal Troubles

Leissner’s professional life took a dramatic turn with the exposure of the 1MDB scandal. The Malaysian sovereign wealth fund, initially created for national development projects, became a center for large-scale fraud. Investigations revealed that billions of dollars were misappropriated, with Leissner playing a central role in facilitating the flow of funds.

In 2018, Leissner was arrested in Washington, D.C., and charged with conspiracy, money laundering, and violations of the Foreign Corrupt Practices Act (FCPA). He pleaded guilty to these charges, admitting to receiving tens of millions of dollars in kickbacks.

As a result of his plea, he faced significant legal consequences, including a $43 million fine and a lifetime ban from working in the securities industry. In May 2025, he was sentenced to two years in federal prison. His cooperation with authorities, including testifying against colleagues involved in the scandal, reportedly reduced his potential sentence.

Tim Leissner Personal Life

Tim Leissner’s personal life has also been a subject of media attention. He was once married to Kimora Lee Simmons, a model and entrepreneur, and the couple shares children. Prior to the scandal, Leissner led a luxurious lifestyle, often mingling with high-profile figures and attending elite events worldwide. Reports indicate that he invested in real estate, private jets, art, and other symbols of wealth, reflecting his status in the banking industry before his legal troubles.

Tim Leissner Net Worth

Estimating Leissner’s current net worth is challenging due to legal fines, asset forfeitures, and settlements. Before the scandal, he reportedly amassed tens of millions through his role at Goldman Sachs and other private ventures. However, following the scandal, much of this wealth was diminished.

Current estimates suggest his net worth is likely in the single-digit millions, taking into account his $43 million fine and other financial penalties. While he retains some wealth, his luxurious pre-scandal lifestyle was largely funded by illicitly obtained funds, which have since been reclaimed or frozen.

Downfall & Legacy

Leissner’s legacy is primarily defined by the 1MDB scandal, which remains one of the most notorious global financial frauds of the 21st century. While he was a successful investment banker, his involvement in illegal activities overshadowed his professional achievements. The scandal highlighted the risks of corruption in high finance and the consequences of ethical lapses in global banking.

Despite the damage, Leissner’s cooperation with authorities has contributed to the broader understanding of the 1MDB fraud and led to legal actions against others involved. However, the scandal has left an indelible mark on his career, reputation, and finances.

FAQ (Frequently Asked Questions)

Q: How old is Tim Leissner?
A: Tim Leissner was born on November 2, 1969, making him 55 years old as of 2025.

Q: What is Tim Leissner known for?
A: He is primarily known for his central role in the 1MDB scandal, which involved the misappropriation of billions of dollars from a Malaysian sovereign wealth fund.

Q: What was his sentence for the 1MDB scandal?
A: In May 2025, he was sentenced to two years in federal prison for his role in the scandal.

Q: How much money did he make from 1MDB?
A: Prosecutors claimed he received tens of millions in kickbacks, estimated between $60 and $73 million.

Q: What fine did he have to pay?
A: Tim Leissner was fined $43 million as part of his plea agreement.

Q: Is Tim Leissner banned from the finance industry?
A: Yes, he has been banned for life from the securities industry.

Q: What happened to his Goldman Sachs career?
A: He left Goldman Sachs in 2016 amid growing scrutiny of his role in 1MDB-related transactions.

Q: Does he still have any money?
A: Estimates suggest his net worth now ranges from hundreds of thousands to around $10 million after legal penalties and forfeitures.

Disclaimer

• Information Accuracy: This article is based on publicly available information and estimates. Some figures, particularly regarding net worth, may not reflect the full current situation.

• Legal Matters: Tim Leissner’s criminal charges, sentencing, and legal status are accurately reported, but interpretations of his actions may vary. This article does not constitute legal advice.

• Time Sensitivity: Details such as net worth and personal circumstances may change over time.

• Objective Reporting: This article aims to provide factual information based on available records and does not make moral judgments beyond what is publicly documented.