Steve Coll has won the Financial Times and Goldman Sachs Business Book of the Year Award for Private Empire: ExxonMobil and American Power, which the judges called "a hard-hitting investigation of the notoriously secretive ExxonMobil Corporation, beginning with the Exxon Valdez accident in 1989 and closing with the Deepwater Horizon oil spill in the Gulf of Mexico in 2010." The prize carries an award of £30,000 (about $48,600). The runners up, each of whom receives £10,000 ($16,200), are:
Why Nations Fail: The Origins of Power, Prosperity and Poverty by Daron Acemoglu and James Robinson (Crown Business)
The Hour Between Dog and Wolf: Risk-taking, Gut Feelings and the Biology of Boom and Bust by John Coates (Penguin Press)
Steve Jobs: The Exclusive Biography by Walter Isaacson (Simon & Schuster)
What Money Can't Buy: The Moral Limits of Markets by Michael J. Sandel (Farrar, Straus and Giroux)
Volcker: The Triumph of Persistence by William L. Silber (Bloomsbury Press)
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