Billions: Season 5
In the fifth season of Billions, the intense and long-standing rivalry between U.S. Attorney Chuck Rhoades and hedge fund billionaire Bobby Axelrod is reignited. As both men maneuver to outwit one another, they face pressure from emerging adversaries. A significant new threat to Bobby Axelrod’s market dominance arrives in the form of Mike Prince, a pioneer focused on social impact. Simultaneously, Chuck Rhoades finds
Season 5 Lore Primer
Key plot threads, lore context, and character stakes you need to remember before diving into this season.
- U.S. Attorney Chuck Rhoades and hedge fund king Bobby Axelrod are engaged in an explosive and ongoing collision course.
- Both Chuck Rhoades and Bobby Axelrod utilize their significant power, influence, and intelligence to outmaneuver one another.
- The series is set within a high-stakes environment where the financial and personal consequences are measured in the billions.
- The narrative centers on the complex and shifting power dynamics between the legal system and the world of high-finance hedge funds.
Season overview
In the fifth season of Billions, the intense and long-standing rivalry between U.S. Attorney Chuck Rhoades and hedge fund billionaire Bobby Axelrod is reignited. As both men maneuver to outwit one another, they face pressure from emerging adversaries. A significant new threat to Bobby Axelrod’s market dominance arrives in the form of Mike Prince, a pioneer focused on social impact. Simultaneously, Chuck Rhoades finds himself embroiled in a conflict with a formidable district attorney. Within the walls of Axe Capital, Taylor Mason is compelled to return, tasked with the difficult responsibility of safeguarding both the firm's assets and its employees. Meanwhile, Wendy Rhoades undergoes a period of personal and professional reflection, leading her to reevaluate her existing loyalties. She forms unexpected new alliances that place her in direct opposition to both her husband, Chuck, and Bobby Axelrod, further complicating the power dynamics between the central figures. The season continues to explore the high-stakes environment of power, influence, and ambition that defines the series, as each character employs their considerable resources to maintain their standing and protect their interests against those who seek to dismantle their positions.
Episode Guide
Season 5 Progress Shield
The New Decas
May 3, 2020 · 60 min
Bobby Axelrod reaches a major milestone. Chuck struggles to get his bearings, and he and Wendy navigate a new normal. Tensions are high at Axe Cap now that Taylor Mason is back. Ax
The Chris Rock Test
May 10, 2020 · 60 min
Axe chases a play at Mike Prince's conference. Chuck wrestles with his demons and chooses a new path. Wendy takes the lead as Axe Cap faces a threat. Taylor confronts a figure from
Beg, Bribe, Bully
May 17, 2020 · 59 min
Chuck returns to his alma mater to pursue an opportunity. Axe's big venture is sidelined by a family crisis. Taylor asserts independence with a risky play. Chuck puts Wendy in an a
Opportunity Zone
May 24, 2020 · 60 min
Axe's latest move takes him back to his roots but puts him in Mike Prince's line of fire. Chuck steps into a new role and meets an intriguing colleague. Taylor tries to salvage a m
Contract
May 31, 2020 · 60 min
Axe must reckon with his past to secure his future. Chuck plots against Axe with the help of some old associates. Chuck and Wendy both try to move on, but get forced together by an
The Nordic Model
Jun 7, 2020 · 59 min
Axe's plans are threatened when an old scheme resurfaces. Chuck wages war on a new front, but a dangerous gambit tests his budding relationship. Taylor looks to make an impact in a
The Limitless Sh*t
Jun 14, 2020 · 55 min
Axe makes big plays with an unconventional source of inspiration. Chuck goes to desperate lengths for family. Tensions rise in Wendy's relationships. Chuck and Sacker manipulate a
Copenhagen
Sep 5, 2021 · 60 min
Axe dispatches Wags to dig up dirt on Prince, discovering a weakness that could wreck Prince's ambitions. A visit to Axe Cap puts Wendy and Tanner at odds. Chuck looks for alternat
Implosion
Sep 12, 2021 · 55 min
As Prince spirals in the wake of a scandal, Axe looks to take his attack to the next level, putting Taylor's business in the crossfire. Chuck reckons with his failures and his fath
Liberty
Sep 19, 2021 · 53 min
As Axe Cap returns to the office, Axe makes a surprise announcement, leaving the team's futures in flux. Wendy's divorce becomes complicated when Chuck sticks his nose in the Mase
Victory Smoke
Sep 26, 2021 · 60 min
With victory in sight for his bank, Axe plots to secure his deposits by poaching from Prince, a move that proves more complicated than it seems. Chuck, Prince and Sacker wrestle wi
No Direction Home
Oct 3, 2021 · 60 min
Chuck, Axe and Prince maneuver to outsmart and outpower each other. Taylor finds themself at a crossroads regarding their role as a leader, while Wendy struggles to sort out her pe