Taib Mahmud Net Worth

Taib Mahmud Net Worth : $15 Billion Estimated

Taib Mahmud, along with his family has an estimated net worth of around $15 billion. The man is reportedly the richest man in Malaysia. According to reports, most of his accumulated wealth has been extracted from corrupt activities as the Chief Minister of Sarawak. Currently, Taib serves as the Governor of Sarawak. 

He has previously worked as Finance Minister, Chief Minister of Sarawak and Resource Planning and Environment Minister of Sarawak. Taib bears many nicknames such as Pak Uban( white haired uncle), Pek Moh(white hair), White-haired rajah etc. He has had the distinct honor of being the longest serving Chief Minister of the Malaysian Parliament.

His stint lasted for 38 years; he has held that position longer than most of us have lived. Taib finally vacated his seat on 12 Feb 2014 after submitting his resignation. It is no surprise that the person to benefit the most out of his resignation is someone from his extended family; his former brother-in-law, Tan Sri Datuk Amar Adenan Satem holds that position now.

The man and his family have been regularly accused of benefiting financially at the expense of the nation’s natural and economic resources.  Taib added another feather to his cap on April 2010 when he received Doctorate in Leadership from Limkokwing University of Creative Technology. 

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)