Ray William Johnson: True Story Podcast
This Entitled Millionaire Just Started Killing People // The Malcolm MacArthur Murder
30 Mar 2026
Transcript generated automatically by AI and may contain errors.
Who is Malcolm MacArthur and what led to his downfall?
So this guy is super rich and that's ultimately gonna cost him his freedom. So the guy's name is Malcolm and Malcolm is about 29 when all this starts and he's living in Ireland. And Malcolm, he grew up as a rich kid. His parents own this big estate and he doesn't really have to work for anything. In fact, he considers himself an intellectual and he feels that getting a job is beneath him.
But then one day in 1974, his life changes because his dad unfortunately passes away. And Malcolm is sad, but he also inherits the majority of his dad's estate, which is about 70,000 pounds. or the equivalent of nearly a million US dollars in today's money.
So now he has all this new wealth, which gives him the freedom to live out his dream of not having to get a job and just, you know, kind of hanging out with his friends all day or doing whatever he wants to do. So he moves to Dublin and there he rents an apartment and he starts spending his weekends partying it up in London.
And he's like blowing through money left and right, going to nice bars and going to nice restaurants. And eventually he moves out of Ireland and down to this little Spanish island off the coast of West Africa. And he just like chills there. But as the years go by, that money he inherited gets spent little by little. And by 1982, when Malcolm's about 37 years old, he's basically broke.
Like he spent all that money. So he starts stressing out about what to do. He can no longer afford to just sit around all day and do nothing. And of course, he's not going to go out and get a job. Don't be ridiculous. That's beneath him. So that's when he comes up with a surefire way to make a lot of money fast. He'll just rob a bank. But he's not going to do it on the island where he lives.
No, no, no. He's going to go back to Ireland and rob one of the banks there. I guess bank robberies were somewhat common in Ireland during this time because of the IRA. Anyway, once he gets back to Ireland, he starts looking for a gun because he needs a gun to pull this off. So he starts searching through the local newspaper, looking at some of the classified ads.
And eventually he sees this ad for a farmer selling his old shotgun. And he's like, oh, I'm going to have to hit that guy up. The other thing Malcolm needs is a getaway car. So he decides he's going to steal one. And then he goes to a local park to see if he can find a car to steal. And there he sees a random bystander out sunbathing. And that is when he sneaks up on her and he waits.
a bit later she gets up to go get in her car and suddenly boom he appears out of nowhere and he pulls out a fake gun and he points it at her but you know she doesn't know it's fake and he tells her get in the back seat then he pulls out a hammer and pow he hits her with it a couple of times and this knocks her out
Meanwhile, a gardener working nearby notices all this going on and he runs over to the car and he starts banging on the window and Malcolm gets out and he pulls out that fake gun and he points it at him. But this gardener, he's a fighter. So boom, he tries to grab it and wrestle it away from him, but he fails to get a grip on it. And so Malcolm gets back in the car and he drives away.
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