Mahathir Mohamad Net Worth Is $550 Million
Mahathir Mohamad was born in Alor Setar, Kedah on 10 July 1925. He graduated from King Edward VII medical College in Singapore and joined the then Malaysian Civil Service in the position of a medical officer eventually setting up his own private practice in his hometown at Alor Setar in 1957.
He became active in politics after the end of world war two where he joined the United Malays National organization, a party that was the largest party in Malaysia but he was expelled after public criticism of the then prime minister. He is also an author and wrote a book “The Malay Dilemma”. He was accepted back to the organization in 1972 and appointed senator, a position he held only for one year and went on to contest the Malaysian 4th general election.
Mahathir became the fourth Malaysian prime minister in July 1981, a post he held the for 22 years beginning 1981 to 2003,.This therefore makes him Malaysia's longest serving prime minister. When he announced his retirement, the whole nation was engulfed with tears. His activities in politics have spanned almost 40 years. During his tenure, Malaysia experienced a period of rapid modernization coupled with economic growth. Although after his retirement he was heavily criticized especially by opposition for the way he handled the government, it could not be denied that under his rule, Malaysia achieved worldwide recognition and economic growth.
Part of his achievements include the winning of five general elections consecutively, building the tallest twin towers in the world (Petronas Twin Towers) and putting Malaysia on the world map making it famous. The Petronas company which is an oil exporting company is one of the top 20 most profitable companies in the world. In 2013, Forbes reported that his second son Mokhzani Mahathir has a net worth of $980 Million. Although there are no official reports of how much the former Prime Minister is worth, it can be save to say that his net worth is estimated to be more than $550 million. Although retired, he still remains an active political figure criticizing the government as well as opposition when he thinks that they are not doing things right.