Tue Apr 07, 2020 London

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The entrepreneurs and the risk takers

Catherine Hooper

Catherine HooperThe founder of Black Umbrella moved in with Andrew Madoff three days before the black storm of his father’s Ponzi scheme broke. Hooper, a graduate of Bryn Mawr, launched her firm – which aids individuals with “emergency preparedness” and sells such items as anti-radiation suits and pocket sized radiation detectors – in 2009 and profited from her role in “arranging” the 2011 book Truth and Consequences: Life Inside the Madoff Family. She found it nigh on impossible to rent a TriBeCa flat despite a budget of $20,000 a month in 2012 due to landlords not wanting her partner in their properties. In 2012, she told Fortune: “You can’t let someone else write your epitaph”.


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