She’s a loving mother, adventurous wife, and committed employee. She’s additionally the most conniving personality in a display full of poor guys.




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Billions is a wildly entertaining show around wildly bad men. Hedge fund founder Bobby “Axe” Axelrod (Damian Lewis) will certainly do any kind of nasty deed to save his financial edge, indigenous siccing ice cream on a residential worker to letting a colleague die. His (very sweaty) foil, U.S. Attorney chuck Rhoades (Paul Giamatti), is ostensibly a crusader because that moral an excellent but is, in reality, simply as power-hungry and also manipulative as Axe. Billions regularly plays favor a melodramatic, bombastic clash in between villains—the New Republic referred to as it “a superhero show around finance”—but the many conniving, fascinating, and also full-on immoral personality on the display is Wendy Rhoades (Maggie Siff), Chuck’s wife and Axe’s in-house “performance coach.” Axe’s tiny, perpetually-smirking mouth and also Chuck’s oily handshakes do their deviousness obvious, however they’ve been quietly bested on the evil O’Meter by their mutual special gal, that peddles a far much more subtle brand of bad, one cloaked in killer sheath dresses and an knowledge smile.

As Axe Capital’s performance coach, Wendy provides psychiatric devices for a distinctive purpose: She is not looking the end for the psychological well-being the anybody at Axe capital or do the efforts to do them better, happier, healthy people. Instead, she is coaching them to earn, earn, earn, choose a sexy, psycho Tony Robbins. Her job is completely focused top top the company’s bottom line. Rather of evaluating the market and also making morality-free judgment calls around how come invest, prefer Axe funding analysts, Wendy is examining people’s brains and emotionally manipulating them into enriching the company. Wendy’s task is simply as unethical as those of other Axe funding employees, but she works in a more intimate setting.


Wendy is generally a go-between for Billions’ two male leads. She’s married come one and employed through the other, grounding in what seems choose a completely preposterous situation. However this is suitable arrangement for Wendy: instead of psychologically steering one of brand-new York’s most an effective men, she gets to psychologically steer two that them, every while do them feeling guilty for placing her in a place she is secretly thrilled come inhabit.

At one suggest in Season 3, Wendy muses that as soon as she began out at Axe Capital, lining was in personal practice and she never would’ve meant him to sooner or later to try to prison Axe for insider trading. But with all we know about their marriage, this declare makes tiny sense: while Wendy might not have actually known that her husband would veer into prosecuting white collar crime, specifically, she also knew native the start that she to be working through a guy with criminal inclinations, if married to an additional who want to ensnare criminals. Axe to be comfortable going exterior of the legislation even before he started his own fund, together he was around to get fired from his old certain on 9/11 due to the fact that of suspicions the shady trading. Wendy knew the she was involved with two guys who had actually diametrically opposed goals from the start.

What’s more, Wendy has persuaded both men that she occupies the highest possible moral ground, while concurrently helping both fulfill their immoral missions. As soon as she brings Axe and also Chuck together to come up through a arrangement to keep her the end of jail because that insider trading, the men have a whispered conversation around how come conceal the dirtier elements of the system from Wendy, specifically the reality that they will need a loss guy. She comes back, however, and also bluntly asks “Who’s the patsy?” Soon, we watch her placed on a power of guilt come Axe, marketing her Maserati and also donating the proceeds to her company’s philanthropic fund. This can suggest she has actually a conscience. Or it can suggest that she desires Axe come think she has actually a conscience, for this reason she have the right to preserve her ethical influence.

When it involves direct negative behavior, Wendy hasn’t excellent anything herself the is rather as poor as she husband or boss. Yes, she preyed ~ above analyst Mafee (Dan Soder) by leveraging his crush on she to to convince him to cover up for her insider trading. Yes, she had actually an affair v Billions’ fake, warm version that Elon Musk and also then appeared to recover from his untimely fatality in a an are explosion in, like, 30 minutes. However she didn’t acquire innocent human being deported, prefer Axe, or bankrupt her ideal friend together collateral damages in a revenge scheme, prefer Chuck. Top top the surface, that might make Wendy look at slightly less despicable 보다 her testosterone-fueled minions. But remember: Wendy controls this men. She isn’t simply on board v their power grabs, she is the rudder because that both that them, directing them ever upward. Her eyes are vast open and also she is privy to the worst of your schemes, and yet she stays, fine-tuning her skill at hold the puppet strings.

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It’s no clear whether Axe or Chuck will certainly come out on peak on Billions. Yet mark mine words: where they finish up, however many times they double-cross and also plot and re-double-cross, Wendy will emerge from the wreckage in one immaculate black blouse and also a place of enormous power.