# Billions (TV series)

Billions is an American drama television series created by Brian Koppelman, David Levien, and Andrew Ross Sorkin. The series premiered on January 17, 2016, on Showtime, and its seventh and final season premiered on August 13, 2023.
Set primarily in New York and Connecticut, the series depicts hedge fund manager Bobby Axelrod (Damian Lewis) as he accumulates wealth and power in the world of high finance. Axelrod's aggressive tactics frequently garner the attention of United States Attorney Chuck Rhoades (Paul Giamatti). Rhoades is based on Preet Bharara, the United States Attorney for the Southern District of New York in Manhattan from 2009 to 2017, and the series was inspired by real-life federal prosecutions of financial crime. Bharara's 2013 prosecution of hedge fund manager Steven A. Cohen of S.A.C. Capital Advisors loosely influenced the first season, while Salomon Brothers' 1991 manipulation of U.S. Treasury bonds inspired the second. Series subplots feature the psychiatrist turned performance coach Wendy Rhoades (Maggie Siff), market analyst Taylor Mason (Asia Kate Dillon), and Axelrod's right-hand man Mike "Wags" Wagner (David Costabile).
As the first American TV series to have a non-binary character (Taylor Mason), they have been nominated multiple times for the GLAAD Media Award for Outstanding Drama Series for their representation of the LGBTQ community.

## Plot

U.S. Attorney for the Southern District of New York Chuck Roades (Giamatti) goes after hedge fund owner Bobby "Axe" Axelrod (Lewis). A collision course, with each using all of their considerable smarts and influence to outmaneuver the other, looms.

## Cast and characters

| Actor | Character | Season | Season | Season | Season | Season | Season | Season |
| Actor | Character | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| Paul Giamatti | Charles "Chuck" Rhoades, Jr. | Main | Main | Main | Main | Main | Main | Main |
| Damian Lewis | Robert "Bobby" Axelrod | Main | Main | Main | Main | Main | Does not appear | Main | Main | Main | Main | Main |
| Maggie Siff | Wendy Rhoades | Main | Main | Main | Main | Main | Main | Main |
| Malin Åkerman | Lara Axelrod | Main | Main | Main | Guest | Does not appear | Does not appear | Does not appear |
| Toby Leonard Moore | Bryan Connerty | Main | Main | Main | Main | Guest | Does not appear | Guest |
| David Costabile | Mike "Wags" Wagner | Main | Main | Main | Main | Main | Main | Main |
| Condola Rashād | Kate Sacker | Main | Main | Main | Main | Main | Main | Main |
| Asia Kate Dillon | Taylor Amber Mason | Does not appear | Recurring | Main | Main | Main | Main | Main |
| Jeffrey DeMunn | Charles Rhoades, Sr. | Recurring | Recurring | Main | Main | Main | Main | Main | Main |
| Kelly AuCoin | "Dollar" Bill Stearn | Recurring | Recurring | Recurring | Main | Main | Recurring | Main | Main | Main | Main |
| Corey Stoll | Michael Thomas Aquinas Prince | Does not appear | Does not appear | Does not appear | Does not appear | Recurring | Main | Main |
| Daniel Breaker | Scooter Dunbar | Does not appear | Does not appear | Does not appear | Does not appear | Recurring | Main | Main |
| Sakina Jaffrey | Daevisha "Dave" Mahar | Does not appear | Does not appear | Does not appear | Does not appear | Does not appear | Main | Main |
| Toney Goins | Phillip Charyn | Does not appear | Does not appear | Does not appear | Does not appear | Does not appear | Recurring | Main |

### Main

* Paul Giamatti as Charles "Chuck" Rhoades, Jr.: U.S. Attorney for the Southern District of New York, who later attempts a run for governor of New York and is elected Attorney General of New York. Rhoades is ruthless and has a particular distaste for wealthy criminals who try to buy their way out of justice. Despite his significant power as U.S. Attorney, Rhoades struggles not to be overshadowed both by his higher-earning wife, Wendy, and by his well-connected, wealthy father. He went to Yale (as did his father) and has a blind trust of which his father is a trustee. In private, he is a sadomasochist and engages in BDSM role play with Wendy and other women, acting as a "slave." The character is loosely based on the careers of Preet Bharara and Eliot Spitzer.
* Damian Lewis as Robert "Bobby" Axelrod (seasons 1–5 & 7): an ambitious billionaire manager of the hedge fund Axe Capital and a Hofstra University graduate who came from humble beginnings. He was one of his firm's survivors of the September 11 attacks, reforming it as Axe Capital and paying the college tuition of the children of his colleagues who died in the World Trade Center. He is extremely charitable and generous in public, but uses insider trading and bribery to grow his firm's enormous wealth. He has unique instincts that have led to a virtually infallible trading career. The character is loosely based on Steven A. Cohen and his former hedge fund S.A.C. Capital Advisors.
* Maggie Siff as Wendy Rhoades: a psychiatrist, in-house performance coach at Axe Capital, wife and later ex-wife of Chuck Rhoades, Jr. She is self-possessed, motivated, extremely successful and went to Yale. She has a strong relationship with Axelrod, her boss, with whom she has been working for more than 15 years. She participates with Chuck in BDSM role play activities and dominates Chuck.
* Malin Åkerman as Lara Axelrod (starring seasons 1–3; guest season 4): wife and later ex-wife of Bobby Axelrod and a former nurse (who maintains her professional license). She is from a lower-class, blue-collar upbringing but has left her former self behind. She was devoted to her husband and their children. Her brother Dean, a New York City firefighter, was killed in the 9/11 attacks. Lara disapproves of Axe's close relationship with Wendy.
* Toby Leonard Moore as Bryan Connerty (starring seasons 1–4; guest seasons 5 & 7): the Chief of the Securities and Commodities Fraud Task Force for the Southern District of New York and Rhoades's point man at the start of the series. He later succeeds Rhoades as U.S. Attorney for the Southern District of New York until he engages in illegal witness tampering, eventually spending time in prison for his crime. Chuck transfers him to a white-collar prison after making a deal with his brother.
* David Costabile as Mike "Wags" Wagner: COO of Axe Capital and Axelrod's right-hand man. He is a known drug and sex addict and claims cocaine helps him focus on work.
* Condola Rashad as Kate Sacker: head of crime and Assistant United States Attorney in the Southern District of New York, then later an attorney in Rhoades's office as Assistant to Attorney General of New York. She is biding her time until she has the opportunity to run for Congress. Her ultimate goal is to be President of the United States.
* Asia Kate Dillon as Taylor Amber Mason (recurring season 2; starring seasons 3–7): a talented financial analyst at Axe Capital. Mason becomes close to Axelrod and is appointed CIO of Axe Capital during his legal troubles. They later leave Axe Capital to form Taylor Mason Capital, which is later forced back to Axe Capital as a subsidiary in-house fund under Axelrod's control.
* Jeffrey DeMunn as Charles Rhoades, Sr. (recurring seasons 1–2; starring seasons 3–7): Chuck's father, a very wealthy and well-connected city/state power player who often uses his position to meddle in his son's affairs. He was abusive toward his ex-wife and frequently cheated on her. He had a child with, and then married, another woman.
* Kelly AuCoin as "Dollar" Bill Stearn (recurring seasons 1–3 & 6; starring seasons 4–5 & 7): a portfolio manager at Axe Capital with such loyalty to Axelrod that he would risk incriminating himself to save him. He was described by AuCoin as "the cheapest millionaire in America". Dollar Bill frequently resorts to insider trading and other legally dubious measures to create high returns for Axe Capital.
* Corey Stoll as Michael Thomas Aquinas Prince (recurring season 5; starring seasons 6–7): a business magnate, grew up as small town Indiana farm boy, who seemingly wants to give back to society. Prince attended New Castle High School where he was named Mr. Basketball as a senior. In season 6, he takes over Axe Capital, renaming it Michael Prince Capital, and he tries to win hosting duties for the 2028 Summer Olympics in New York.
* Daniel Breaker as Scooter Dunbar (recurring season 5; starring seasons 6–7): Michael Prince's right-hand man, later a co-right-hand alongside Wags.
* Sakina Jaffrey as Daevisha "Dave" Mahar (starring seasons 6–7): joined Rhoades to help him fight corruption and take down Prince.
* Toney Goins as Phillip Charyn (recurring season 6; starring season 7): Scooter's nephew, recruited by Prince to join Prince Capital due to his business acumen.

### Recurring

* Dan Soder as Dudley Mafee: an Axe Capital employee who joins Taylor Mason Capital as its first employee
* Terry Kinney as Hall: a fixer on Axelrod's payroll
* Glenn Fleshler as Orrin Bach: Axelrod's legal counsel
* Stephen Kunken as Ari Spyros: a law school classmate and colleague at a private law firm of Chuck before his involvement in the public sector as an investigator for the SEC. In season 3, Spyros becomes head of compliance for Axe Capital.
* Ben Shenkman as Ira Schirmer: an attorney and a former law school classmate of Chuck, as well as former CEO/Chairman of bankrupted Ice Juice
* Daniel K. Isaac as Ben Kim: A graduate of Stanford University and Wharton School of Business. He is a Korean-American employee at Axe Capital promoted to portfolio manager in season 3.
* Rob Morrow as Adam DeGiulio: a high-ranking DOJ employee and later judge of the Southern District of New York. Chuck manipulated a powerful senator to get him the prestigious job of solicitor general.
* Louis Cancelmi as Victor Mateo: an employee of Axelrod's fired in season 1, funded outside in season 3 and forced back in season 4
* Jack Gilpin as Sean Ayles: runs Axelrod's foundation for Axelrod after his rise to power is revealed to the public in season 1
* Timothy Davis as Chef Ryan: the Axelrod family's personal chef
* Harry Lennix as Franklin Sacker: Kate Sacker's father
* Jack Gore as Gordie Axelrod (seasons 1–3, 5, 7)
* Malachi Weir as Lonnie Watley (seasons 1–4): a former Assistant United States Attorney in the Southern District of New York. He later joins a private law firm after being passed over for Head of Crim in favor of Sacker.
* Jerry O'Connell as Steven Birch (seasons 1–4, 6): a rival of Axelrod's who leads a competing hedge fund
* Arthur J. Nascarella as Bruno Caparello (seasons 1–4): aging former owner of Axelrod's favorite pizza shop
* Seth Barrish as Dr. Gilbert: Donnie's doctor who becomes a key witness in the case against Axelrod
* Nathan Darrow as Mick Danzig (seasons 1–2, 4): an Axe Capital employee, whom Axelrod got out of an automatic weapons charge, who quit the firm for ethical reasons after it bankrupted the city of Sandicot, but was hired back out of spite against Taylor in Season 4
* Dennis Boutsikaris as Kenneth Malverne (seasons 1–3): a rival of Axelrod's who leads a competing hedge fund
* Scott Cohen as Pete Decker (seasons 1, 3, 5): Decker financial later runs gym group thanks to Chuck getting him to agree to plea deal to prevent his parents going to jail for his illegal deals
* Deborah Rush as Ellen Rhoades (seasons 1, 3, 5): Chuck's mother and Sr's ex-wife
* Christopher Paul Richards (seasons 1–2); Brian Beckerle (season 3) as Dean Axelrod
* Susan Misner as Terri McCue (seasons 1, 3): an FBI agent
* Sam Gilroy as Michael Dimonda (seasons 1–2): a financial reporter
* David Cromer as Donnie Caan (season 1): a trader at Axe Capital who is also Bryan Connerty's informant
* Melissa Errico as June Raichlein (season 1): married to one of Axelrod's colleagues who died in the September 11 attacks
* Steven Pasquale as Chase (season 1): a headhunter who works with Wendy
* Anthony Edwards as Judge Whit Wilcox (season 1): a corrupt judge who sent minorities to jail for profits from his personally invested private jails
* Danny Strong as Todd Krakow (seasons 2–7): a hedge fund rival of Axelrod's and as of season 3, the new Secretary of Treasury. Resigns from Treasury Department in season 5. Teams with Mike Prince for Olympics bid in season 6
* Dhruv Maheshwari as Tuk Lal (seasons 4–7): Ben Kim’s close coworker. Defunded by Mike Prince in season 6
* Matt Servitto as Bob Sweeney (seasons 2–7): the New York Governor who was elected thanks to Chuck's influence
* Allan Havey as Karl Allard (seasons 2–7): assistant ASUA of EDNY sent to SDNY as Chuck's owed favour. Follows Chuck to State Attorney's office in season 4
* Clara Wong as Mistress Troy (seasons 1–7): a professional Dominatrix whom Chuck and Wendy sometimes visit
* Alba Albanese as Mistress Cassie (season 4): another professional Dominatrix whom Chuck sometimes visits with Wendy's permission
* Gia Crovatin as McKayla (seasons 2–4)
* David Strathairn as "Black" Jack Foley (seasons 2–4): a power player in the New York State political arena. Considered a king maker
* Chris Carfizzi as Rudy (seasons 2–4): a rookie trader at Axe Capital
* Eric Bogosian as Lawrence Boyd (seasons 2–3, 5): CEO of investment bank Spartan Ives who gets Bobby Axelrod arrested in season 2 for his role in sabotaging the Ice Juice product launch and initial public offering
* Christopher Denham as Oliver Dake (seasons 2–3): an official misconduct investigator and later United States Attorney for the Eastern District of New York. Fired by Jock Jeffcoat in season 3, he becomes a law professor at University of Virginia.
* Marc Kudisch as Dr. Gus (seasons 2, 4): a therapist who works at Axe Capital during Wendy's absence
* Shaunette Renée Wilson as Stephanie Reed (season 2): Axe Capital's Chief of Staff, hired to protect Axelrod from more trouble with the government
* Mary-Louise Parker as George Minchak (season 2): a specialist in candidate-vetting for Foley
* Richard Thomas as Sanford Bensinger (season 2): American Champion founder of the Giving fund, which encourages the giving of wealth assets to be used for the greater good of the world
* Ritchie Coster as Donald Thayer (season 2)
* James Wolk as Craig Heidecker (season 2)
* Tammy Blanchard as Melanie (season 2)
* Will Roland as Winston (seasons 3–7): Taylor's snarky lead quantitative analyst
* Sarah Stiles as Bonnie Barella (seasons 3–6): a new trader at Axe Capital. Quits Michael Prince Capital in season 6
* Clancy Brown as Waylon "Jock" Jeffcoat (seasons 3–4, 7): Attorney General of the United States
* Harris Yulin as Judge Funt (seasons 3–4): owes Chuck a favour for keeping his son's medical career alive and not sending him to jail for misusing his prescription pad for his own drug addiction
* John Malkovich as Grigor Andolov (seasons 3–4, 7): a Russian oil billionaire, a ruthless criminal in Eastern Europe protected by various authoritarian governments
* Mike Birbiglia as Oscar Langstraat (seasons 3, 5): a disruptive impact venture capitalist who has a fling with Taylor Mason. He pulls his funds from Axe Capital in season 5 after Taylor Mason rejoins Axe Capital.
* Saul Rubinek as Hap Halloran (seasons 4–7)
* Jade Eshete as Lauren Turner (seasons 4–7): an investor relations employee for Taylor Mason Capital
* Samantha Mathis as Sara Hammon (seasons 4–7): COO of Taylor Mason Capital
* Lily Gladstone as Roxanne (seasons 4–5, 7), a Native American woman with whom Chuck Rhoades Sr. fathers a child, then marries
* Nina Arianda as Rebecca Cantu (season 4): a billionaire financier and businesswoman who dates Bobby, grew up in small town Iowa
* Michael Rispoli as Ritchie Sansome (season 4): an NYPD Captain who trades favors with Chuck
* Kevin Pollak as Douglas Mason (season 4): Taylor's Father
* Eva Victor as Rian (seasons 5–7): Works closely with and for Taylor Mason
* Julianna Margulies as Catherine Brant (season 5): an Ivy League sociology professor and bestselling author
* Roma Maffia as Mary Ann Gramm (season 5): District Attorney of Manhattan
* Rick Hoffman as Dr. Swerdlow (season 5): a medical man with unorthodox methods
* Wendie Malick as Leah Calder (season 5): an NY banking official
* Janeane Garofalo as Dawn Winslow (season 5)
* Zachary Unger as Kevin Rhoades (seasons 1–5)
* Alexa Swinton as Eva Rhoades (seasons 1–5)
* Frank Grillo as Nico Tanner (season 5): a modern artist whom Axelrod funds for 8 more paintings for himself
* Ilfenesh Hadera as Deb Kawa (seasons 1–2): Bobby Axelrod's personal assistant and Dudley Mafee's girlfriend
* Piper Perabo as Mike Prince's wife Andy (seasons 6–7)

## Episodes

| Season | Episodes | Episodes | Originally released | Originally released |
| Season | Episodes | Episodes | First released | Last released |
| 1 | 12 | 12 | January 17, 2016 (2016-1-17) | April 10, 2016 (2016-4-10) |
| 2 | 12 | 12 | February 19, 2017 (2017-2-19) | May 7, 2017 (2017-5-7) |
| 3 | 12 | 12 | March 25, 2018 (2018-3-25) | June 10, 2018 (2018-6-10) |
| 4 | 12 | 12 | March 17, 2019 (2019-3-17) | June 9, 2019 (2019-6-9) |
| 5 | 12 | 7 | May 3, 2020 (2020-5-3) | June 14, 2020 (2020-6-14) |
| 5 | 12 | 5 | September 5, 2021 (2021-9-5) | October 3, 2021 (2021-10-3) |
| 6 | 12 | 12 | January 23, 2022 (2022-1-23) | April 10, 2022 (2022-4-10) |
| 7 | 12 | 12 | August 13, 2023 (2023-8-13) | October 29, 2023 (2023-10-29) |

## Production
### Development

The series was ordered by Showtime in March 2015, and the first season premiered January 17, 2016. On January 26, 2016, the series was renewed for a second season, which premiered on February 19, 2017. Showtime confirmed in April 2017 that Asia Kate Dillon, who is non-binary, would be a series regular in the third season. Billions is considered to be the first American TV series to have a non-binary character.
Preet Bharara, the inspiration for U.S. Attorney Chuck Rhodes who was portrayed by Paul Giamatti, was somewhat critical of Giamatti's casting – jokingly referring to the Italian American actor as "noted Indian American actor Paul Giamatti".
On May 8, 2019, the series was renewed for a fifth season by Showtime, which premiered on May 3, 2020. On October 1, 2020, Showtime renewed the series for a sixth season and Corey Stoll was promoted to series regular. On February 15, 2022, Showtime renewed the series for a seventh and final season.
In February 2023, Showtime announced that several spinoffs of the series were in development, including series set in London and Miami, and a series with the working title "Millions" featuring "diverse, thirty-something financial mogul wannabes" in Manhattan. Paramount executive Brian Robbins referred to the potential spin-offs at a June 2024 shareholder meeting, but the Wall Street Journal reported in November 2024 that while a script for the Miami spin-off had been delivered, it did not get a green light and that the plans for the other spin-offs had been dropped.

### Broadcast

The first episode was made available on January 1, 2016, via video on demand services in the U.S. and via CraveTV in Canada. It premiered on Stan in Australia on January 27, 2016, and in Canada on The Movie Network on January 17, 2016, simultaneous with the American broadcast.

### Depiction of BDSM

The show captured the attention of the BDSM community, as it features numerous depictions of BDSM activity, and the two main characters of Charles "Chuck" Rhoades, Jr and his wife Wendy Rhoades engage in BDSM scenes numerous times in the early seasons of the show. In addition, season 4 of the show depicts the character of Chuck Rhoades coming out as a practitioner of BDSM in a public political speech. The show's producers retained the services of noted BDSM lifestyle expert Olivia Troy as a consultant to help ensure the activities are portrayed both accurately and safely.

## Reception
### Critical response

Critical response of Billions :
| Season | Rotten Tomatoes | Metacritic |
| 1 | 78% (135 reviews) | 69 (37 reviews) |
| 2 | 89% (98 reviews) | 67 (6 reviews) |
| 3 | 93% (108 reviews) | 77 (5 reviews) |
| 4 | 97% (114 reviews) | 87 (4 reviews) |
| 5 | 91% (11 reviews) | 73 (6 reviews) |
| 6 | 100% (5 reviews) | tbd (2 reviews) |
| 7 | 60% (5 reviews) | 62 (4 reviews) |
On Rotten Tomatoes, the series holds an overall approval rating of 86%, with a rating of 78% for season 1, 89% for season 2, 93% for season 3, 97% for season 4, 91% for season 5, 100% for season 6, and 60% for season 7. The site's critical consensus for the first season reads: "Despite a lack of likable characters, Billions' soapy melodrama and larger-than-life canvas offer plenty of repeat viewing potential." For season 2 it reads: "An influx of new characters and a fresh narrative twist give Billions an added boost during its thoroughly entertaining second season." The site's critical consensus for the third season states: "Anchored by the performances of Paul Giamatti and Damian Lewis, the third season of Billions continues a convincing fable of greed, power and competition." On Rotten Tomatoes, the fourth season reads, "With tables turned and alliances formed, Billions's fourth season goes full throttle with sharp dialogue, better rivalries, and bigger stakes."
On Metacritic, the show has an overall score of 71. The first season has a weighted average score of 69 out of 100, based on reviews from 37 critics, indicating "generally favorable reviews", while the second season has a score of 67 out of 100, based on reviews from 6 critics, also indicating "generally favorable reviews". Praise for the series has steadily grown over time—also on Metacritic, its third season scored a 77 out of 100, while its fourth holds a score of 87 out 100 based on reviews from 4 critics, indicating "universal acclaim". The show's coverage of the hedge fund industry has been widely recognized as realistic.
In 2017, after introducing Taylor Mason (played by Asia Kate Dillon) in season 2, Billions became the first American TV series to have a non-binary character and actor. The series has received positive comments because of its representation of non-binary gender, with praise for its depiction of inclusion of gender-neutral singular they pronouns in the workplace.

### Accolades

| Year | Award | Category | Recipient(s) | Result |
| 2017 | Satellite Awards | Best Supporting Actress in a Series, Miniseries, or Television Film | Maggie Siff | Nominated |
| 2017 | Artios Awards | Outstanding Achievement in Casting – Television Pilot and First Season – Drama | Allison Estrin Avy Kaufman Melissa Moss | Nominated |
| 2017 | Golden Nymph Awards | Outstanding Drama Series | Billions | Nominated |
| 2018 | Critics' Choice Television Awards | Best Actor in a Drama Series | Paul Giamatti | Nominated |
| 2018 | Critics' Choice Television Awards | Best Supporting Actor in a Drama Series | Asia Kate Dillon | Nominated |
| 2018 | GLAAD Media Awards | Outstanding Drama Series | Billions | Nominated |
| 2019 | GLAAD Media Awards | Outstanding Drama Series | Billions | Nominated |
| 2019 | Satellite Awards | Best Actor in a Drama / Genre Series | Damian Lewis | Nominated |
| 2019 | Satellite Awards | Best Actress in a Drama / Genre Series | Maggie Siff | Nominated |
| 2020 | GLAAD Media Awards | Outstanding Drama Series | Billions | Nominated |
| 2021 | Satellite Awards | Best Television Series – Drama | Billions | Nominated |
| 2021 | Satellite Awards | Best Actor in a Drama / Genre Series | Damian Lewis | Nominated |
| 2021 | Satellite Awards | Best Actress in a Drama / Genre Series | Maggie Siff | Nominated |
| 2023 | Satellite Awards | Best Television Series – Drama | Billions | Won |

## Lawsuits

Billions has faced several lawsuits regarding both copyright infringement and defamation.
The first, brought by Denise Shull and the ReThink group in 2019 (Shull v Sorkin), alleged (among other things) that Billions ripped off Shull's book and based character "Wendy Rhoades" on her likeness. She also argues that Billions engaged her as a consultant on the show, but did not compensate or credit her for her time, as Shull claims is illustrated in a recently released video. The case was dismissed and appealed. In July, 2021, the U.S. Court of Appeals for the Second Circuit affirmed a lower court's decision to dismiss the suit, saying that Shull's book and the show are not substantially similar.
The second, brought by the Cayuga Nation in 2020, argued that Billions defamed both the nation and its federal representative. In the show, the nation is depicted engaging in acts such as the illegal operation of a casino business, blackmail, and bribery. One of the Cayuga characters featured on the show had the same last name and occupation as a real-life member. The case was dismissed, but the Cayuga Nation is considering its options regarding appeals.