Taib Mahmud Net Worth

The united kingdom 83 switzerland 84 and germany has since opened investigations on taib mahmud s wealth.

Taib mahmud net worth. Bmf has estimated the combined net worth of 20 taib family members at close to us 21 billion spread over 400 companies around the globe accumulated over three decades. Taib is allegedly said to be among the richest in malaysia siah claimed that he is malaysia s biggest thief and is richer than sugar king robert kuok who is in forbes richest 100 with rm59 billion net worth. Also sharing the billionaire tag with a net worth of us 1 5 billion rm4 5 billion and us 1 billion rm3 billion respectively were taib s elder son mahmud bekir and his canada based socialite daughter jamilah taib murray. He is from malaysia.

He earned the money being a professional politician. A new report released this month by the bruno manser fund puts the illicit assets of taib mahmud the long term chief minister of the malaysian state of sarawak at over 20 billion us dollars. Detailing the wealth list of the taib clan the report said that the second richest man in malaysia was taib s brother onn mahmud who is worth us 2 billion rm6 billion. Next in line are taib s canada based socialite daughter jamilah taib murray usd 1 billion taib brother and timber entrepreneur tufail mahmud usd 600 million sister raziah mahmud usd 500 million daughter hanifah usd 400 million and son sulaiman usd 300 million.

A ground breaking report released by swiss based ngo bruno manser fund bmf estimated the assets of sarawak chief minister abdul taib mahmud s family at us 21 billion rm64 billion. The bmf is asking governments and banks around the world to freeze taib family assets in an effort to draw attention to the extreme level of corruption that prevails in sarawak. In september 2012 bruno manser fonds estimated that taib mahmud net worth is at least 15 billion us dollars. Rewcastle brown believed the new government would act against taib when the new attorney general is appointed.

The company is also eyeing new maintenance jobs for public roads in the next two years to make up for the shortfall of the length of state roads it is maintaining now. In the fourth quarter ended dec 31 2019 the company s net profit declined 90 to rm5 4mil dragging its full year performance to rm160 3mil or down by about 40.