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Chat Mahathir turn Vincent Tan from million to billion

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Namelessone1973
post Apr 23 2021, 04:56 PM

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QUOTE(arsenwagon @ Apr 23 2021, 03:52 PM)
Btw why nobody pelik bin ajaib toto only earn 500 000  . And it was owned by .........

U think toto can earn 500000 only? Even a kopitiam boss selling drinks and renting out to stalls can earn that much if business is good
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Its the early 80's and toto was badly run. Hard to buy not like today where toto branch is virtually everywhere.

Toto was run like a charity when it was started. The people running it do not know the potential of that license. He realise the potential and Toto is his cash cow until today.

He tried to get a license for sports betting too but that was rejected because our government gone more Islamic by 90's.
happyking4ever
post Apr 23 2021, 04:57 PM

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Some of the achievements listed are not related to Mahathir. So people did work for it.

diffyhelman2
post Apr 23 2021, 04:58 PM

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QUOTE(Namelessone1973 @ Apr 23 2021, 04:56 PM)
Its the early 80's and toto was badly run. Hard to buy not like today where toto branch is virtually everywhere.

Toto was run like a charity when it was started. The people running it do not know the potential of that license. He realise the potential and Toto is his cash cow until today.

He tried to get a license for sports betting too but that was rejected because our government gone more Islamic by 90's.
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imagine sports betting legalized. the amount bet on each football match legally...fuh
diffyhelman2
post Apr 23 2021, 05:02 PM

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QUOTE(silvertoes @ Apr 23 2021, 04:56 PM)
send your kids to same private school that those in power send theirs..
your kid will have a higher chance to be billionaire in the future
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that's why so many ppl die die want to go oxbridgd yale harvard etc. they believe the networking opportunities are priceless.
Namelessone1973
post Apr 23 2021, 05:03 PM

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QUOTE(diffyhelman2 @ Apr 23 2021, 04:58 PM)
imagine sports betting legalized. the amount bet on each football match legally...fuh
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Yup, its a cash cow and gambling tax collected could be more than Genting's contribution.

But it was rejected because sports betting will probably involve online betting and once that gate is opened, there will be no control on muslim.
dawnreaver
post Apr 23 2021, 05:08 PM

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The best thing about Tun is the fact that he has cronies of all races.
enviro
post Apr 23 2021, 05:12 PM

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Madey help vincent tan now billionaire but he also help many others like tajuddin Ramly who is now million hair.
SUSCandy12
post Apr 23 2021, 05:12 PM

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Just another Jack Ma in the making.
galkelly
post Apr 23 2021, 05:15 PM

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Jibby richer than him
wanted111who
post Apr 23 2021, 05:16 PM

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QUOTE(LamboSama @ Apr 23 2021, 03:42 PM)
You underestimate the power of cronies and connections.
He even manage to make all his kids rich.

Inb4 all hard working.
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You muah lupa , his cucu also millionaires already.
liyanakahar
post Apr 23 2021, 05:17 PM

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so what?
duplicated
post Apr 23 2021, 05:18 PM

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What is a proxy?

This post has been edited by duplicated: Apr 23 2021, 05:19 PM
bani_prime
post Apr 23 2021, 05:18 PM

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QUOTE(drug5 @ Apr 23 2021, 03:27 PM)
He worked hard for it ma. Whats the problem
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really.
paksa A jual barang kat B dgn harga murah
palksa A beli barang dari B dgn harga tinggi
then B become milloonaire. itu hardworl?
Matchy
post Apr 23 2021, 05:42 PM

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QUOTE(arsenwagon @ Apr 23 2021, 03:54 PM)
What I tot that's Vincent tan punya anak.... Zomg puan Sri look so young....

Never seen nerine tan can post some hnngh photos?
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puan sri is the blue shirt one...

QUOTE(Namelessone1973 @ Apr 23 2021, 04:56 PM)
Its the early 80's and toto was badly run. Hard to buy not like today where toto branch is virtually everywhere.

Toto was run like a charity when it was started. The people running it do not know the potential of that license. He realise the potential and Toto is his cash cow until today.

He tried to get a license for sports betting too but that was rejected because our government gone more Islamic by 90's.
*
Cant imagine how the gov can own sports toto ohmy.gif
drowning
post Apr 23 2021, 05:51 PM

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QUOTE(enviro @ Apr 23 2021, 05:12 PM)
Madey help vincent tan now billionaire but he also help many others like tajuddin Ramly who is now million hair.
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Madey help many meleis becum millionaire and billionaire. That is something that is not often stated. Everytime propaganda say he tolong cainis and his sons only.

Inb4 cronies....

QUOTE(dawnreaver @ Apr 23 2021, 05:08 PM)
The best thing about Tun is the fact that he has cronies of all races.
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This post has been edited by drowning: Apr 23 2021, 05:51 PM
LamboSama
post Apr 23 2021, 05:51 PM

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QUOTE(Namelessone1973 @ Apr 23 2021, 05:03 PM)
Yup, its a cash cow and gambling tax collected could be more than Genting's contribution.

But it was rejected because sports betting will probably involve online betting and once that gate is opened, there will be no control on muslim.
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It wasn't online betting.
Back then were got much online betting.
Issue with sport betting was match fixing. laugh.gif

This post has been edited by LamboSama: Apr 23 2021, 05:51 PM
LamboSama
post Apr 23 2021, 05:52 PM

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QUOTE(wanted111who @ Apr 23 2021, 05:16 PM)
You muah lupa , his cucu also millionaires already.
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That's trickle down economics laugh.gif
steady bro
post Apr 23 2021, 05:53 PM

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aia agency manager at 21 year old, and u read how he managed to get the mcd franchise for malaysia then u will know how hard he worked for it
mick84
post Apr 23 2021, 05:54 PM

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youngest agency manager for AIA Insurance

Sell insurance is correct path to success.
wotvr
post Apr 23 2021, 05:54 PM

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If not for mamak, Vincent Tan probably those annoying insurance agency boss.

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