How much is the Malaysian businessman Low Taek Jho net worth? 

How much is the Malaysian businessman Low Taek Jho net worth? 

Low Taek Jho, often known as Jho Low, is a Malaysian businessman and a wanted international fugitive in relation to the 1MDB affair. He is accused of orchestrating the enormous fraud, which authorities say was a conspiracy to divert US$4.5 billion from 1MDB to Low’s personal accounts. Scroll down to learn more about Low Taek Jho net worth, earnings, and income, as well as his wife.

How much is Low Taek Jho net worth? Is he a wealthiest businessman?

Low Taek Jho net worth is estimated to be $200 million as of November 2021. Low amassed an opulent real estate portfolio that includes houses around the world, a private plane, and a $250 million boat. Low’s first major deal was the Kuwait Finance House’s purchase of a premium high-rise residential project in Kuala Lumpur for US$87 million in 2006. “By 2007, Low had formed an investment group that included a Malaysian prince, a Kuwaiti sheikh and a friend from the United Arab Emirates who went on to become ambassador to the United States and Mexico, and is now one of the most powerful right hand persons for the Crown Prince of Abu Dhabi.” according to The New York Times.

Low Taek Jho net worth
Low Taek Jho has won an award Source: Instagram

Low had concentrated his riches through Jynwel Capital by 2010, of which he was the primary steward. He has recently been dub a financial dealmaker for high-net-worth people and multinational corporations. In July 2018, he signed documentation establishing Jynwel Capital, a private equity firm, and Jynwel Charitable Foundation, a non-profit organization.

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How did he start his professional career?

Low built ties with some of the world’s largest and most recognized sovereign wealth funds as steward of Jynwel, including Mubadala Development Co in Abu Dhabi and the Kuwait Investment Authority. Jynwel involved in transactions such as The Witkoff Group and Mubadala’s acquisition of New York’s Park Lane Hotel for US$660 million in 2013, the takeover of Coastal Energy for US$2.2 billion in 2014, and the buyout of EMI’s music publishing business for US$2.2 billion in 2012 with the Blackstone Group, Sony Corporation, and Mubadala. In October 2014, Low the architect of Jynwel Capital’s failed US$2.2 billion deal to buy Reebok from Adidas AG.

Low Taek Jho career
Low Taek Jho is in a meeting Source: Instagram

Low Taek helped Aziz start Red Granite Pictures, a Hollywood production business that has produced films such as Wolf of Wall Street and Dumb and Dumber To. The rights to both films were the subject of recovery efforts by the US government in 2013 and 2016. In August 2018, the claims settle, with the agreement stating that the payment should not be interpret as “an admission of wrongdoing or liability on the part of Red Granite”.

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Who is his wife? Is he married?

Low Taek dated Elva Hsiao, a Taiwanese singer, and Miranda Kerr, a Victoria’s Secret model. During an investigation into the affair, Kerr submitted $8 million in jewelry to the US government in June 2017. Low, with whom she was in a personal relationship at the time, had gifted her the jewelry in 2014. He hasn’t revealed much about his personal life because he appears to be a pretty private person.

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low taek wiki: early life, parents, education, nationality and age

Low Taek Jho wiki
Low Taek Jho is with his colleague Source: Instagram

He was born on November 4, 1981, in George Town, Penang Island, to an affluent Malaysian Chinese family. His family has a history of keeping a low profile. Low Meng Tak, his grandfather, was a merchant from Guangdong, China. In the 1960s and 1970s, Meng Tak had interests in iron ore mining and liquor distilleries in Thailand, as well as real estate in Thailand, Malaysia, and Hong Kong. Low’s father, Tan Sri Larry Low Hock Peng, created MWE Holdings, an investment holding company. His nationality is Malaysian, and he is 40 years old.

Low Taek was the eldest of three siblings. Before being send to the prestigious Harrow School in London, he attend Chung Ling High School and The International School of Penang (Uplands). Former British Prime Minister Winston Churchill and India’s first Prime Minister, Jawaharlal Nehru, are among the school’s prominent alumni. He took advantage of the opportunity to mingle with pupils from powerful backgrounds, including Middle Eastern and Brunei royals. Low is a multilingual individual who speaks Malay, English, Cantonese, Hokkien, and Teochew.

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