Taib mahmud net worth - Taib is worth RM45b, believe it or not
With a general election on the horizon, it has put his regime in a weak position to capture the hopes and confidence of large swathes of the the population, who have suffered 30 years of delayed development and increasing poverty under his rule.
Online estimates of al mahmud's net worth vary.
Taib Mahmud was noted to rely on a patronage system to reward "compliant local leaders" and stifle potential opposition.
FROM the ongoing investigation into the fabulous wealth of the former prime minister PM that had been compounded by the police, this question immediately springs to mind: Is the accumulated wealth by Najib and his wife exceptional among Malaysian public officials?
It is the first report that describes in detail the business activities and personal wealth of 20 members of the Taib family in Malaysia, Australia, Canada, Hong Kong, United Kingdom, United States and other countries.
In September 2012, Bruno Manser Fonds estimated that Taib Mahmud net worth is at least 15 billion US dollars. The United Kingdom, [91] Switzerland, [92] and Germany has since opened investigations on Taib Mahmud's wealth.
The wealth of Taib himself has been put at a whopping US$15 billion (RM46 billion), making him Malaysia's richest man, outstripping tycoon Robert Kuok who has US$12.5 billion.
Abdul Taib Mahmud, who has headed the Malaysian state of Sarawak for over 30 years, is worth $15 billion according to a new report by the Bruno Manser Fund.
Individuals profiled in the extensive 45-page report include Taib’s brother Onn Mahmud, who is second richest family member with an estimated net worth of US$2 billion, while Taib’s eldest son, Mahmud Abu Bekir Taib, a major player in the Sarawak construction, property and energy business, is ranked third at US$1.5 billion.
Abdul Taib Mahmud, who has headed the Malaysian state of Sarawak for over 30 years, is worth $15 billion according to a new report by the Bruno Manser Fund noting that the net worth of twenty.
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