Dear Reader,

Today The Washington Post is joining news organizations around the globe to bring you the first in a series of important stories. These are the product of nearly a year of reporting at The Post focused on a vast trove of documents that expose a secretive financial universe that benefits the wealthy and powerful.

The project, known as the Pandora Papers, was conceived and organized by the International Consortium of Investigative Journalists, which obtained the records and shared them with The Post and other partners. The documents — more than 11.9 million records from 14 offshore entities, including law and wealth-management firms — illuminate a hidden world that has allowed government leaders, a monarch, billionaires and criminals to shield their assets.

The Post decided to join this project because we felt certain that the breadth of records obtained by the ICIJ would shine a light on aspects of the international financial system that have operated with little or no oversight. A similar but narrower ICIJ investigation, known as the Panama Papers and published in 2016, revealed hidden wealth that ignited protests in several countries, forcing two world leaders from power.

The sheer scope of the records was too large for effective review by any single news organization. The partnership with the ICIJ allowed The Post, the BBC, the Guardian, PBS Frontline and others to work together in scouring the documents, validating the material and conducting the additional reporting needed to place key findings in context.

In closely examining thousands of documents over many months, The Post and its partners have found no indication of inaccuracy or that the papers’ release was targeted at any specific individual or government.

We have sought to provide every person and company identified in stories with the opportunity to review and comment on our findings. No one has challenged the authenticity of the documents. We are confident that our reporting meets The Post’s standards for accuracy and fairness. To minimize unnecessary harm to individuals and institutions, we have removed account numbers, metadata and other identifying information from documents before they are published.

The Post is proud to have taken part in reporting that has brought the Pandora Papers to light.

Sally Buzbee, Executive Editor

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Reporting from The Washington Post

Billions hidden beyond reach

Newly revealed Pandora Papers documents detail an opaque financial universe where the global elite shield riches from taxes, criminal probes and public accountability. Read the full story.

The world reacts after secret documents show how the elite shield their riches. Read the reaction.

While his country struggles, Jordan’s King Abdullah secretly splurges

King Abdullah has secretly spent more than $100 million on lavish homes in the U.S. and Britain, Pandora Papers documents show. Read the full story.

Secret money, swanky real estate and a Monte Carlo mystery

Documents tie woman allegedly in secret, years-long relationship with Putin to luxury Monaco apartment. Read the full story.

Foreign money secretly floods U.S. tax havens. Some of it is tainted.

Moguls and others linked to money laundering, corruption and worker exploitation chose U.S. over the world’s traditional tax havens. Read the full story.

Bitter sugar

Visual story: How money has flowed from the sugar fields of the Dominican Republic to the burgeoning tax haven of South Dakota. Experience the full story.

Global hunt for looted treasures leads to offshore trusts

Cambodia wants its religious artifacts returned. Dozens tied to an indicted collector remain in the Met and other prominent museums. The Pandora Papers expose his reliance on offshore secrecy. Read the full story.

Secret trove illuminates the lives of billionaires

What the Pandora Papers turn up about the world’s wealthiest people: buying influence, avoiding taxes and owning yachts. Read the full story.

Rogue Americans stashed assets offshore, eluding victims and impeding investigators

An alleged murderer, a mob associate and a sex offender protected their U.S. wealth in a Belize tax haven, records show. Read the full story.

How U.S. sanctions take a hidden toll on Russian oligarchs

Documents show how sanctions afflict Putin insiders — and how far they go to evade them. Read the full story.

This block used to be for first-time homebuyers. Then global investors bought in.

Progress Residential reaps big profits from stressed American renters amid national affordability crisis. Read the full story.

The ‘cowboy cocktail’: How Wyoming became one of the world’s top tax havens

An oligarch, a dictator’s aide and a beverage tycoon turned to America’s least populated state to shelter assets, the Pandora Papers show. Read the full story.

What are the Pandora Papers?

Video: A massive trove of private financial records exposes vast reaches of the secretive offshore system used to hide billions of dollars from tax authorities, creditors, criminal investigators and citizens around the world. Watch the video.

A tax haven in America’s heartland

Podcast: The U.S. has long condemned secretive offshore tax havens where the rich and powerful hide their money. But a burgeoning American trust industry now shelters the assets of wealthy foreigners by promising even greater secrecy and protection. Listen to Post Reports.

More from Post Reports:

FAQ: The world of secret money

What is an offshore account? Who benefits? Is it legal to use the offshore system? Here are some answers. Read the full story.

Key findings from the investigation

Here are key takeaways from the Pandora Papers, an investigation based on more than 11.9 million documents exposing the flows of money, property and other assets that wealthy, powerful people conceal in the offshore financial system. Read the full story.

Post reporters answer your questions

How did you go through 12 million documents? Is Jeff Bezos mentioned in the documents? How does this compare to the Panama Papers investigation? Reporters Debbie Cenziper, Greg Miller and Paul Sonne answered your questions. Read the full Q&A transcript.

Global impact and reaction

Reporting from Pandora Papers investigation partners

About this project

The Washington Post collaborated on the Pandora Papers investigation, which involved more than 600 journalists in 117 countries and territories and was the largest ever organized by the International Consortium of Investigative Journalists.

At The Post, more than 60 journalists contributed to this project. Reporting by Debbie Cenziper, Greg Miller, Paul Sonne and Peter Whoriskey. Alice Crites, Souad Mekhennet, Shawn Mulcahy and Julie Tate also contributed reporting. Photography by Salwan Georges.

Design and development by Jake Crump, Gabriel Florit, Frank Hulley-Jones, Tara McCarty, Lucy Naland and Irfan Uraizee. Photo research and editing by Bronwen Latimer. Graphics by Artur Galocha, Kevin Schaul and Ashlyn Still. Videos by Zoeann Murphy and Luis Velarde. Animation by Sarah Hashemi. “Post Reports” production by Ted Muldoon and editing by Robin Amer and Renita Jablonski.

Editing by Ziva Branstetter, Matthew Callahan, David Bruns, Gilbert Dunkley, Micah Gelman, Courtney Kan, Thomas LeGro, Greg Manifold, Jesse Mesner-Hage, Martha Murdock, Whitney Shefte, Alan Sipress, Julie Vitkovskaya and Stu Werner.

Additional editing, production and support by Azhar AlFadl Miranda, Teddy Amenabar, Chris Barber, Courtney Beesch, Steven Bohner, Amy Cavenaile, Brian Cleveland, Maite Fernández Simon, Reuben Fischer-Baum, Reena Flores, Kathleen Floyd, Shani George, Zachary Goldfarb, Angela Hill, Steven Johnson, Thomas Johnson, Travis Lyles, Kenisha Malcolm, Jordan Melendrez, Angel Mendoza, Allison Michaels, Tessa Muggeridge, Coleen O’Lear, Maggie Penman, Ben Pillow, Martine Powers, Lizzy Raben, Danielle Rindler, Casey Silvestri, John Taylor, Ishaan Tharoor, Emily Tsao and Liz Whyte.