Video: Joe Hunt describes his embarrassment over the media-created name, “Billionaire Boys Club.”

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In this interview, Joe Hunt explains the history of the “Billionaire Boys Club” name. BBC actually stood for “Bombay Bicycle Club,” but, to Joe’s embarrassment, was changed to Billionaire Boys Club in the media.

Transcript:
Well I’ve always been embarrassed by the name being in the media. I was a jerk in many ways in my early twenties, but I did not run around with a group of people called myself the Billionaire Boys Club or us the Billionaire Boys Club.

We had a company called BBC Consolidated North America and the initials were taken from something called the Bombay Bicycle Club which was a restaurant with some video games in Chicago, and when Dean and Dan would come out to Chicago, we would go to the Bombay Bicycle Club and I just hung out there. So in a bit of whimsy, we decided to name the first company BBC Consolidated North America.

Now I’ve heard transcripts of some interviews that Tom and David may have given to IPC productions before the 1987 mini series, and told IPC productions that we would sometimes jokingly or boastfully refer to ourselves as the Billionaire Boys Club, but I don’t recall that, I just don’t.

I don’t have any connection with that name until seeing it in print with the media, and I wouldn’t have named us that, and I don’t like the name.

Certainly my own background is not from wealth and privilege. We grew up in Van Nuys, a block away from the Van Nuys Junior High, in a lower middle class area. And you know I remember there were a couple years when my dad was on food stamps. My family was on food stamps, so we were not from a family of riches and privilege.

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