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Michael Larson (born October 1959) is an American money manager. He is the chief investment officer for the Bill & Melinda Gates Foundation, and Bill Gates' personal fortune through Cascade Investment. He assumed the role in 1994.
- Preparations
- The Game
- Accusations of Cheating
- Episode Broadcasts and Documentaries
- Later Life, Death, and Legacy
- Adaptations
- Further Reading
- External Links
Michael Larson began recording episodes of Press Your Luck shortly after its premiere on CBS in September 1983 with his VCR. While watching, he noticed that the randomizer that moved the light indicator around the 18-square "Big Board" had only five patterns. Larson began memorizing these patterns, increasingly confident he could predict when and w...
Introduction
Larson showed up to his taping wearing a cheap suit, that he purchased at a local thrift store. Host Peter Tomarken introduced the three players, starting with a recap of Long's winnings from the previous episode, and a joke about a question Long missed in the earlier episode. Tomarken then introduced Larson and asked him what he did for a living. Larson mentioned driving an ice cream truck in the summer, and how he was hoping to win enough money to be able to retire from it, and Tomarken ask...
First round
As customary, the game began with the first of two rounds in which contestants answered questions to earn spins for the "Big Board"; a correct buzz-in answer earned three spins, while a correct multiple-choice answer earned one spin. Larson's memorization of the patterns could not help him here, and he struggled early. On the second question, the host asked, "You've probably got President Franklin D. Roosevelt in your pocket or purse right now, because his likeness is on the head side..." Lar...
Second round
Larson buzzed in correctly for two of the four questions, and earned a total of seven spins in the second question round, ahead of Litras's three and Long's two. Since he was in third place, he got to play first at the "Big Board" and went to his pattern play, aiming for squares #4 and #8. Larson quickly bumped his total to over $10,000. Early on, his pattern play was irregular, as he stopped four times on squares that did not follow his pattern: a trip to Kauai worth $1,636 in square #7, $70...
While Larson was running up the score, the show's producers contacted Michael Brockman, then head of CBS's daytime programming department. In a 1994 TV Guide interview commemorating the Larson sweep, conducted at the time the film Quiz Showwas released, he recalled, "Something was very wrong. Here was this guy from nowhere, and he was hitting the b...
After the broadcast of Larson's two episodes, CBS suppressed the episodes for nineteen years, as both the network and Press Your Luck producer/creator Bill Carruthers at that time considered the incident to be one of their biggest embarrassments. When USA Network (and later, Game Show Network) bought the rights to rerun Press Your Luck, CBS and Car...
After Press Your Luck, Larson became an assistant manager at local Walmart stores in Dayton, Lebanon, Xenia and Bellbrook, Ohio. He also ran a promotions and marketing company, Group Dynamics Downline, out of his Lebanon home. In November 1984, Larson learned about a local radio show promotion promising a $30,000 prize for matching a $1 bill's seri...
A biographical feature film was planned in 2000 in which Bill Murray would portray Larson,but was never produced. In 2017, Spanish author Javi de Castro published a graphic novel about the scandal, titled Larson: el hombre con más suerte del mundo (Larson: The Luckiest Man in the World).
Crockett, Zachary (September 14, 2015). "The Man Who Got No Whammies". Priceonomics.Big Bucks: The Press Your Luck Scandal at IMDbMichael Larson at Find a GraveMay 26, 2021 · For 27 years, Bill Gates has entrusted the management of his enormous wealth and the endowment of his giant foundation to a single man: Michael Larson. Mr. Larson has invested the Microsoft...
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May 27, 2021 · Michael Larson, the man who has been the manager of the vast majority of Bill Gates' billion-dollar fortune has been accused of creating a "culture of fear" among staff. According to a new...
May 17, 2021 · Tech. Meet Michael Larson, the man who has managed Bill Gates' fortune for decades and was reportedly accused of sexual harassment in 2017. Kelsey Vlamis. May 16, 2021, 9:54 PM PDT. Michael...
May 19, 2019 · By the end of the day a man named Michael Larson would walk away with over $100,000 in prize money, breaking the record for biggest sum won in a single episode of an American game show.
May 27, 2021 · Scott Olson/Getty Images. Bill Gates' money manager Michael Larson was accused of making racist, sexist remarks to employees, The New York Times reported. Cascade Investment paid settlements to...
