Tonga Kingdom's Jester, Financial Adviser Doesn't Find Lawsuit Amusing.

Knight Ridder/Tribune Business News | June 6, 2002 | Copyright

By Truong Phuoc Khanh, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News

Jun. 6--Bay Area businessman Jesse Bogdonoff says he is the official royal Jester for the Kingdom of Tonga.

And now the jester tells his side of the Tonga tale.

J.D. "Jesse" Bogdonoff, a Bay Area businessman, confirmed Wednesday that yes, he is the official royal jester for the Kingdom of Tonga -- and the title is for life.

Yes, his financial advice to the king's ministers cost the impoverished island nation $26 million -- and for that he is sorry.

...

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