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 Mahathir family net worth ?

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TSWithout_a_clue
post Jun 17 2021, 12:51 PM, updated 5y ago

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Hi,

i find conflicting numbers on the Mahathir's family net worth, i've read they own thousands of companies, and some say he's worth 40 000 000 000+ USD, some less

anybody knows the official number ?
frossonice
post Jun 17 2021, 01:01 PM

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And the purpose of your research is?
mini orchard
post Jun 17 2021, 01:04 PM

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QUOTE(Without_a_clue @ Jun 17 2021, 12:51 PM)
Hi,

i find conflicting numbers on the Mahathir's family net worth, i've read they own thousands of companies, and some say he's worth 40 000 000 000+ USD, some less

anybody knows the official number ?
*
To be exact, is 41 000 000 000 USD
xCM
post Jun 17 2021, 01:13 PM

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Disclosed wealth is easy to find. Now the part where skills are required, the undisclosed wealth. Happy digging.
lonely66
post Jun 17 2021, 01:46 PM

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got how many billions also no use, coffin can fit in those money ?
FLYING PANTIES
post Jun 17 2021, 01:53 PM

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QUOTE(lonely66 @ Jun 17 2021, 01:46 PM)
got how many billions also no use, coffin can fit in those money ?
*
can afford big coffin
Eulm585
post Jun 17 2021, 01:53 PM

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QUOTE(lonely66 @ Jun 17 2021, 01:46 PM)
got how many billions also no use, coffin can fit in those money ?
*
Got no money you already in coffin by age 50, but got money he still running around at age 95.


lonely66
post Jun 17 2021, 01:56 PM

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QUOTE(FLYING PANTIES @ Jun 17 2021, 01:53 PM)
can afford big coffin
*
no need, hell money 1pc worth 5b brows.gif , i stack can be in trillions ... icon_idea.gif
LamboSama
post Jun 17 2021, 01:57 PM

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There's no official numbers. These people don't keep their wealth information in public.

Just for start. Only two malay got bugatti. Guess from which family?
LamboSama
post Jun 17 2021, 01:59 PM

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QUOTE(lonely66 @ Jun 17 2021, 01:46 PM)
got how many billions also no use, coffin can fit in those money ?
*
You don't have kids/grandkids?
heavensea
post Jun 17 2021, 02:00 PM

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I'm wondering why he can be so rich ah?
Anyone can enlighten me?
lonely66
post Jun 17 2021, 02:00 PM

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QUOTE(Eulm585 @ Jun 17 2021, 01:53 PM)
Got no money you already in coffin by age 50, but got money he still running around at age 95.
*
wealth n health is important for a living human but the main point is why a PM can have such a huge wealth ? brows.gif
TSWithout_a_clue
post Jun 17 2021, 02:03 PM

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QUOTE(frossonice @ Jun 17 2021, 01:01 PM)
And the purpose of your research is?
*
Can't you see the value of such information as a Malaysian ?

QUOTE(mini orchard @ Jun 17 2021, 01:04 PM)
To be exact, is 41 000 000 000 USD
*
Do you have any sources ? Because the "official sources" lists show 300 millions / 1 billion net worths for each family number, the big numbers are impossible to find (and perhaps nobody knows aside their accountants ?)
lonely66
post Jun 17 2021, 02:03 PM

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QUOTE(LamboSama @ Jun 17 2021, 01:59 PM)
You don't have kids/grandkids?
*
so kids/grandkids no hand n leg to cari makan ? the real value of money is not the number....
Eulm585
post Jun 17 2021, 02:04 PM

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QUOTE(lonely66 @ Jun 17 2021, 02:00 PM)
wealth n health is important for a living human but the main point is why a PM can have such a huge wealth ?  brows.gif
*
How he get the money is up to him.
But don't disregard the usefulness of money with stupid comments like so much money can bring to the grave meh?

jie88
post Jun 17 2021, 02:04 PM

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why must you know the exact number
they will give some to you?
lonely66
post Jun 17 2021, 02:09 PM

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QUOTE(Eulm585 @ Jun 17 2021, 02:04 PM)
How he get the money is up to him.
But don't disregard the usefulness of money with stupid comments like so much money can bring to the grave meh?
*
so you can bring all your money into grave ? this is a human greed devil.gif and obviously those are not 'clean money' if he really has it in billions ...
LamboSama
post Jun 17 2021, 02:09 PM

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QUOTE(lonely66 @ Jun 17 2021, 02:03 PM)
so kids/grandkids no hand n leg to cari makan ? the real value of money is not the number....
*
That's the idea of these people collecting wealth.
So their kids won't have to work hard.
Yeah, the value is in how it makes people life easier.
Even you would have get some money/help from your parents.
TSWithout_a_clue
post Jun 17 2021, 02:11 PM

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QUOTE(jie88 @ Jun 17 2021, 02:04 PM)
why must you know the exact number
they will give some to you?
*
Because there's a big difference between 1 000 000 000 and 160 000 000 000 RM. The former is nearly marginal given the time he spent leading the state, it's probably bad but we forgive lah, the second one suggests something way way bigger than 1MDB.

This post has been edited by Without_a_clue: Jun 17 2021, 02:13 PM
lonely66
post Jun 17 2021, 02:14 PM

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QUOTE(LamboSama @ Jun 17 2021, 02:09 PM)
That's the idea of these people collecting wealth.
So their kids won't have to work hard.
Yeah, the value is in how it makes people life easier.
Even you would have get some money/help from your parents.
*
of course money is important and can help people and your family member ....

but education is more important, if u know how to earn in millions or billions, that means you are capable ....

but if you inherit in millions or billions but you do not know how to handle it, the ending will be sad too .... console.gif console.gif console.gif
immobile
post Jun 17 2021, 02:15 PM

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QUOTE(Eulm585 @ Jun 17 2021, 01:53 PM)
Got no money you already in coffin by age 50, but got money he still running around at age 95.
*
haha yup yup. i am sure most people who rather choose to be rich in this world. most people's parents by mahathir's age already super blur and slow down or would have gone long time, yet at his age still can drive his car and do politics.

i rather be in jho low's/jibby shoes. at the very least, we get to live a super good life once. definitely no stress in difficult times. i am sure a lot of good people are struggling comparing to jho low & gang. all these difficult test and mind games by god where life is already tough enough...hardly seen bad people got into real trouble because devil knows how to take care of his own people.

still remember pastor koh, teoh beng hock, kevin morais mh17, mh370?...where's their real justice till date...all their lives taken by god.
Hence, the popular quote "the good die young" 100 times is better to be in mahathir's shoes...really really enough for easily 3 generations. assets, listed company directors, projects, offshore accounts, prime properties across the in best living cities around the world

This post has been edited by immobile: Jun 17 2021, 02:16 PM
Eulm585
post Jun 17 2021, 02:17 PM

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QUOTE(lonely66 @ Jun 17 2021, 02:09 PM)
so you can bring all your money into grave ? this is a human greed  devil.gif and obviously those are not 'clean money' if he really has it in billions ...
*
With the advancement of technology and healthcare, by the time you and your kids and grandkids dead, his son is still alive and kicking.
These are the luxuries of money.

Ever been to a hospital and had to queue? Not for these people, they enter the hospital and get the best healthcare available.
Stop trying to change the topic to greed and clean or unclean money.
Stupidity and envy is all you got.
touristking
post Jun 17 2021, 02:18 PM

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QUOTE(Without_a_clue @ Jun 17 2021, 05:51 AM)
Hi,

i find conflicting numbers on the Mahathir's family net worth, i've read they own thousands of companies, and some say he's worth 40 000 000 000+ USD, some less

anybody knows the official number ?
*
According to PH, definitely less than Najib. May be 40 billions is less than 3 billion? Go ask them.


touristking
post Jun 17 2021, 02:20 PM

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QUOTE(heavensea @ Jun 17 2021, 07:00 AM)
I'm wondering why he can be so rich ah?
Anyone can enlighten me?
*
According to Lim Kit Siang, certainly not from corruption. People are just jealous and talking nonsense, as according to PH.

DAP stalwart Lim Kit Siang has clarified that he has never accused Dr Mahathir Mohamad of being corrupt.
https://www.malaysiakini.com/news/483686
kelvinfixx
post Jun 17 2021, 02:21 PM

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they are very rich, basically they live a very luxurious and privilege life. the money is countless.

This post has been edited by kelvinfixx: Jun 17 2021, 02:21 PM
LamboSama
post Jun 17 2021, 02:22 PM

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QUOTE(lonely66 @ Jun 17 2021, 02:14 PM)
of course money is important and can help people and your family member ....

but education is more important, if u know how to earn in millions or billions, that means you are capable ....

but if you inherit in millions or billions but you do not know how to handle it, the ending will be sad too .... console.gif  console.gif  console.gif
*
Well...with money easier to get education and more opportunities to fail also.
They fail also not like regular people fail..
Take Trump or Paris Hilton for example. laugh.gif

Better to have been rich and lost it all then never to have been rich at all. laugh.gif

This post has been edited by LamboSama: Jun 17 2021, 02:23 PM
lonely66
post Jun 17 2021, 02:23 PM

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QUOTE(Eulm585 @ Jun 17 2021, 02:17 PM)
With the advancement of technology and healthcare, by the time you and your kids and grandkids dead, his son is still alive and kicking.
These are the luxuries of money.

Ever been to a hospital and had to queue? Not for these people, they enter the hospital and get the best healthcare available.
Stop trying to change the topic to greed and clean or unclean money.
Stupidity and envy is all you got.
*
so obviously you are just a rich man butt licker, money comes from where is not important, the important is he is rich ? brows.gif

if all the society just like you, then we no need any school or talk about morality, when you rich, what you say must be right bruce.gif

and i dont think my opinion is stupid n envy because people is rich whistling.gif
Eulm585
post Jun 17 2021, 02:23 PM

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QUOTE(immobile @ Jun 17 2021, 02:15 PM)
haha yup yup. i am sure most people who rather choose to be rich in this world. most people's parents by mahathir's age already super blur and slow down or would have gone long time, yet at his age still can drive his car and do politics.

i rather be in jho low's/jibby shoes. at the very least, we get to live a super good life once. definitely no stress in difficult times. i am sure a lot of good people are struggling comparing to jho low & gang. all these difficult test and mind games by god where life is already tough enough...hardly seen bad people got into real trouble because devil knows how to take care of his own people.

still remember pastor koh, teoh beng hock, kevin morais mh17, mh370?...where's their real justice till date...all their lives taken by god.
Hence, the popular quote "the good die young" 100 times is better to be in mahathir's shoes...really really enough for easily 3 generations. assets, listed company directors, projects, offshore accounts, prime properties across the in best living cities around the world
*
I just don't agree with people making stupid statements like can bring money to grave? Can money make you happier?

If you have money, you have less things to worry about thus less problems thus happier.

Have money for best healthcare, live longer

Have money for best security, those less likely to get robbed at your home and murdered in your sleep.

Have money to spend, easier to get connections, easier time doing business.

The list goes on, but stupid people make stupid comments.
hannahtan1168
post Jun 17 2021, 02:26 PM

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MACC never check where's their money come from? All cash so clean than bleach.
lonely66
post Jun 17 2021, 02:28 PM

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QUOTE(LamboSama @ Jun 17 2021, 02:22 PM)
Well...with money easier to get education and more opportunities to fail also.
They fail also not like regular people fail..
Take Trump or Paris Hilton for example.  laugh.gif

Better to have been rich and lost it all then never to have been rich at alllaugh.gif
*
this part is only valid for those who have tried.... work hard n smart earn a lot of money but failed because kena con or wrong investment ...

but for those who inherit the money it is very difficult for them to understand the real value of money ...
LamboSama
post Jun 17 2021, 02:55 PM

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QUOTE(lonely66 @ Jun 17 2021, 02:28 PM)
this part is only valid for those who have tried.... work hard n smart earn a lot of money but failed because kena con or wrong investment ...

but for those who inherit the money it is very difficult for them to understand the real value of money ...
*
Real value of money is what you can buy with it.
Anything else is just self comfort talk. laugh.gif

Which those rich kids get to enjoy early in life.
Living in privileges.

This post has been edited by LamboSama: Jun 17 2021, 02:56 PM
hkindaichi
post Jun 17 2021, 03:07 PM

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Ini semua dunia yang sementara.
diffyhelman2
post Jun 17 2021, 04:30 PM

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QUOTE(Without_a_clue @ Jun 17 2021, 02:03 PM)
Can't you see the value of such information as a Malaysian ?
Do you have any sources ? Because the "official sources" lists show 300 millions / 1 billion net worths for each family number, the big numbers are impossible to find (and perhaps nobody knows aside their accountants ?)
*
Ayam surprise Panama papers leak, he’s not in the list of names. So far none of the hack off financial laundering centers revealed his family connections.
diffyhelman2
post Jun 17 2021, 04:34 PM

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QUOTE(lonely66 @ Jun 17 2021, 02:14 PM)
of course money is important and can help people and your family member ....

but education is more important, if u know how to earn in millions or billions, that means you are capable ....

but if you inherit in millions or billions but you do not know how to handle it, the ending will be sad too .... console.gif  console.gif  console.gif
*
Tbh i rather be rich and stupid than poor and educated. Many very highly educated and smart people who are still poor. At least with stupid but rich, can buy expertise to help manage the wealth.
duplicated
post Jun 17 2021, 04:45 PM

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QUOTE(diffyhelman2 @ Jun 17 2021, 04:30 PM)
Ayam surprise Panama papers leak, he’s not in the list of names. So far none of the hack off financial laundering centers revealed his family connections.
*
Panama is second tier. The top tier like world's politicians, dictators, businessman all not in panama papers.
These people know where to stash their money, mostly in shares with nominees.


mini orchard
post Jun 17 2021, 04:47 PM

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QUOTE(diffyhelman2 @ Jun 17 2021, 04:34 PM)
Tbh i rather be rich and stupid than poor and educated. Many very highly educated and smart people who are still poor. At least with stupid but rich, can buy expertise to help manage the wealth.
*
There are so many stupid and rich being scamed daily by their " trusted" adviser.

It is easy to make the statement because one is educated today.
diffyhelman2
post Jun 17 2021, 04:50 PM

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QUOTE(duplicated @ Jun 17 2021, 04:45 PM)
Panama is second tier. The top tier like world's politicians, dictators, businessman all not in panama papers.
These people know where to stash their money, mostly in shares with nominees.
*
Wasnt najib son in law mentioned in it? And jho low all his arrangements for 1mdb also detailed in those papers.
Lembu Goreng
post Jun 17 2021, 04:58 PM

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I'm more interested in Najib's family net worth.

TS do you know?
TSWithout_a_clue
post Jun 17 2021, 05:11 PM

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QUOTE(Lembu Goreng @ Jun 17 2021, 04:58 PM)
I'm more interested in Najib's family net worth.

TS do you know?
*
It should naturally be lower, doesn't it ? He stayed in power for a shorter time and most of the infrastructures were already built and privatized, making stealing a bit more difficult. First come, first serve as they say.
JohnL77
post Jun 17 2021, 05:12 PM

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QUOTE(Without_a_clue @ Jun 17 2021, 02:11 PM)
Because there's a big difference between 1 000 000 000 and 160 000 000 000 RM. The former is nearly marginal given the time he spent leading the state, it's probably bad but we forgive lah, the second one suggests something way way bigger than 1MDB.
*
Don't forget inflation. What bijan songlaped is worth less after inflation compared to what the old cronies songlaped.
Lembu Goreng
post Jun 17 2021, 05:14 PM

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QUOTE(Without_a_clue @ Jun 17 2021, 05:11 PM)
It should naturally be lower, doesn't it ? He stayed in power for a shorter time and most of the infrastructures were already built and privatized, making stealing a bit more difficult. First come, first serve as they say.
*
There is no ceiling for ‘donations’, he has a billion ringgit stashed just at home so I am fairly sure he has more than Mahathir
JohnL77
post Jun 17 2021, 05:16 PM

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QUOTE(immobile @ Jun 17 2021, 02:15 PM)
haha yup yup. i am sure most people who rather choose to be rich in this world. most people's parents by mahathir's age already super blur and slow down or would have gone long time, yet at his age still can drive his car and do politics.

i rather be in jho low's/jibby shoes. at the very least, we get to live a super good life once. definitely no stress in difficult times. i am sure a lot of good people are struggling comparing to jho low & gang. all these difficult test and mind games by god where life is already tough enough...hardly seen bad people got into real trouble because devil knows how to take care of his own people.

still remember pastor koh, teoh beng hock, kevin morais mh17, mh370?...where's their real justice till date...all their lives taken by god.
Hence, the popular quote "the good die young" 100 times is better to be in mahathir's shoes...really really enough for easily 3 generations. assets, listed company directors, projects, offshore accounts, prime properties across the in best living cities around the world
*
If all his offspring live moderate lives, can easily feed 10 generations or more lo.

Like some rich families in Europe. Every family member got shares in the family business but 1 person manage the family business and make sure they don't become poorer.


JohnL77
post Jun 17 2021, 05:22 PM

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QUOTE(LamboSama @ Jun 17 2021, 02:22 PM)
Well...with money easier to get education and more opportunities to fail also.
They fail also not like regular people fail..
Take Trump or Paris Hilton for example.   laugh.gif

Better to have been rich and lost it all then never to have been rich at all.  laugh.gif
*
Trump and Paris Hilton are still fucking rich.

This post has been edited by JohnL77: Jun 17 2021, 05:24 PM
LamboSama
post Jun 17 2021, 05:23 PM

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QUOTE(JohnL77 @ Jun 17 2021, 05:22 PM)
Trump and Paris Hilton is still fucking rich.
*
Despite their many failures which was my point. hmm.gif
LamboSama
post Jun 17 2021, 05:24 PM

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QUOTE(Without_a_clue @ Jun 17 2021, 05:11 PM)
It should naturally be lower, doesn't it ? He stayed in power for a shorter time and most of the infrastructures were already built and privatized, making stealing a bit more difficult. First come, first serve as they say.
*
Nah, najib family is probably higher. Since tun razak kids and grandkids are all rich.
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post Jun 17 2021, 05:25 PM

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QUOTE(LamboSama @ Jun 17 2021, 05:23 PM)
Despite their many failures which was my point.  hmm.gif
*
Yup. When rich people fail they land on pillows.

When poor people fail, they hit rock bottom. Bye bye, you used up your 1 chance.
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post Jun 17 2021, 05:29 PM

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QUOTE(LamboSama @ Jun 17 2021, 05:24 PM)
Nah, najib family is probably higher. Since tun razak kids and grandkids are all rich.
*
Tun Razak has reputable image but no he is not rich compares to other during his era.
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post Jun 17 2021, 08:46 PM

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QUOTE(Without_a_clue @ Jun 17 2021, 12:51 PM)
Hi,

i find conflicting numbers on the Mahathir's family net worth, i've read they own thousands of companies, and some say he's worth 40 000 000 000+ USD, some less

anybody knows the official number ?
*
Have it occurred to you that he might not be that rich? His lifestyle does not tell me he is a person of great wealth. He does not need it....but of course ppl have already made up their minds
cms
post Jun 17 2021, 09:02 PM

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I duno how rich is he or his family is, but he has been Malaysia's most powerful man for 20-30 years.

At that time, Malaysia is considerably richer and much more influential compared to our neighbours and peers.
adamw
post Jun 17 2021, 09:27 PM

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QUOTE(Lembu Goreng @ Jun 17 2021, 05:14 PM)
There is no ceiling for ‘donations’, he has a billion ringgit stashed just at home so I am fairly sure he has more than Mahathir
*
You'll be surprised how much Yen Mamakuntty have brows.gif

This post has been edited by adamw: Jun 17 2021, 09:28 PM
diffyhelman2
post Jun 17 2021, 09:51 PM

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QUOTE(aspartame @ Jun 17 2021, 08:46 PM)
Have it occurred to you that he might not be that rich? His lifestyle does not tell me he is a person of great wealth. He does not need it....but of course ppl have already made up their minds
*
he might not be that rich but most people are saying his sons are damn rich....example case in point, the 1 of 2 Bugatti Veyron's owner in this country....

This post has been edited by diffyhelman2: Jun 17 2021, 09:51 PM
yeezai
post Jun 17 2021, 09:59 PM

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QUOTE(diffyhelman2 @ Jun 17 2021, 09:51 PM)
he might not be that rich but most people are saying his sons are damn rich....example case in point, the 1 of 2 Bugatti Veyron's owner in this country....
*
His family > sarawak tycoon (u know who) > his kronies
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post Jun 17 2021, 10:05 PM

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I don’t see the big issue really. The NEP meant giving away free money to undeserving people who didn’t work for it. What difference if they gave it to Mahathirs kids?
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post Jun 17 2021, 10:06 PM

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ppl can live over 90 ....with heart surgery....

sure got more money to sustain such things....

anak also fellali and pohcheh bodek....

summore langkawi he kuasa....


NormalName
post Jun 17 2021, 10:13 PM

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QUOTE(FLYING PANTIES @ Jun 17 2021, 01:53 PM)
can afford big coffin
*
space X diamond coffin fly to mars
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post Jun 18 2021, 08:21 AM

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QUOTE(diffyhelman2 @ Jun 17 2021, 04:30 PM)
Ayam surprise Panama papers leak, he’s not in the list of names. So far none of the hack off financial laundering centers revealed his family connections.
*
He is smart.

But how smart? Can anyone extrapolate further?
immobile
post Jun 18 2021, 11:38 AM

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QUOTE(JohnL77 @ Jun 17 2021, 05:16 PM)
If all his offspring live moderate lives, can easily feed 10 generations or more lo.

Like some rich families in Europe. Every family member got shares in the family business but 1 person manage the family business and make sure they don't become poorer.


*
yup yup you are right. spot on boss. really good karma. can enjoy for up to 7 and above generations is really insane. jho low & gang also enjoying comparing to us citizens throughout the pandemic. in reality life, money is really the god
TSWithout_a_clue
post Jun 21 2021, 11:17 PM

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QUOTE(aspartame @ Jun 17 2021, 08:46 PM)
Have it occurred to you that he might not be that rich? His lifestyle does not tell me he is a person of great wealth. He does not need it....but of course ppl have already made up their minds
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His official net worth is already in hundreds of millions, is son a billion, the daughter also kicks asses i believe, and that's just what's in plain sight. Also remember he made absolutely nothing to fix the loopholes.
Ewww!
post Jun 21 2021, 11:24 PM

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Why is this in Serious section?
But oh well, nevermind to each his own I guess. Lol!
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post Jun 21 2021, 11:29 PM

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QUOTE(Ewww! @ Jun 21 2021, 11:24 PM)
Why is this in Serious section?
But oh well, nevermind to each his own I guess. Lol!
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Which section does it belong to ? Humor ? Along with 1MDB ?
aspartame
post Jun 22 2021, 07:21 AM

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QUOTE(Without_a_clue @ Jun 21 2021, 11:17 PM)
His official net worth is already in hundreds of millions, is son a billion, the daughter also kicks asses i believe, and that's just what's in plain sight. Also remember he made absolutely nothing to fix the loopholes.
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Where did you find his net worth to be in hundreds of millions? His son net worth RM1bil ... not that much what... his son wealth was made through proper means... not outright corruption...there might be nepotism .. people will always say there’s more no matter what
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post Jun 22 2021, 05:13 PM

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QUOTE(Lembu Goreng @ Jun 17 2021, 05:14 PM)
There is no ceiling for ‘donations’, he has a billion ringgit stashed just at home so I am fairly sure he has more than Mahathir
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you don’t seem to know the fact that the Razak family was an elite family aka golongan kayangan to begin from

Razak got part of his wealth thanks to the late Uncle Lim, where Razak helped to grant casino license to the latter

Najib were indeed born with a silver spoon, and had led a decent live compare to most other Malays at the time




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post Jun 22 2021, 05:15 PM

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PM family all rich, u see najib, and see why hisappudin want to PM job so bad
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post Jun 22 2021, 05:20 PM

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QUOTE(aspartame @ Jun 22 2021, 07:21 AM)
Where did you find his net worth to be in hundreds of millions? His son net worth RM1bil ... not that much what... his son wealth was made through proper means... not outright corruption...there might be nepotism .. people will always say there’s more no matter what
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dude, either you are too young (late millennials) or just plain naive/ignorant

have your eldery in your family ever talked with you regarding the “glorious 80-90s” of Malaysia?

regarding how Mahathir, Tun Daim, Anwar, Taib Mahmud, KuLi, Samy Vellu, Liong Sik etc reaped the country’s wealth through multitude means?

where do you think the “Mr 10%” got his name from, remember, back in the 80-90s, there were M$1000 notes circulated around, securities including equities and shares do not need to be registered in electronic system like CDS today, every transaction records were made on paper

among these, Mahathir and Taib’s wealth is comparable to Forbes global 5
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post Jun 22 2021, 05:24 PM

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QUOTE(dattebayo @ Jun 22 2021, 05:13 PM)
you don’t seem to know the fact that the Razak family was an elite family aka golongan kayangan to begin from

Razak got part of his wealth thanks to the late Uncle Lim, where Razak helped to grant casino license to the latter

Najib were indeed born with a silver spoon, and had led a decent live compare to most other Malays at the time
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Ok. Billions because of kayangan

Thats a very good explanation. Solid.

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post Jun 22 2021, 05:29 PM

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QUOTE(Lembu Goreng @ Jun 22 2021, 05:24 PM)
Ok. Billions because of kayangan

Thats a very good explanation. Solid.
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i never say he is not corrupted

my point is while he do take some undertables along the way, he did try to rectify the corrupted system within his capacity, to the extent of facing serious backlash within right wing Malay factions including Mahathir himself

what else do people especially Chinese wants? Do they really want to see Mahathirism back in action for the 3rd time? Did they not suffer/poor during his first tenure as PM? Obviously young millennials do not know, how humble lives were 20-40 years ago




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post Jun 22 2021, 05:31 PM

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QUOTE(dattebayo @ Jun 22 2021, 05:20 PM)
dude, either you are too young (late millennials) or just plain naive/ignorant

have your eldery in your family ever talked with you regarding the “glorious 80-90s” of Malaysia?

regarding how Mahathir, Tun Daim, Anwar, Taib Mahmud, KuLi, Samy Vellu, Liong Sik etc reaped the country’s wealth through multitude means?

where do you think the “Mr 10%” got his name from, remember, back in the 80-90s, there were M$1000 notes circulated around, securities including equities and shares do not need to be registered in electronic system like CDS today, every transaction records were made on paper

among these, Mahathir and Taib’s wealth is comparable to Forbes global 5
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They don't remember how so many public services turn private overnight. laugh.gif
aspartame
post Jun 22 2021, 05:37 PM

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QUOTE(dattebayo @ Jun 22 2021, 05:20 PM)
dude, either you are too young (late millennials) or just plain naive/ignorant

have your eldery in your family ever talked with you regarding the “glorious 80-90s” of Malaysia?

regarding how Mahathir, Tun Daim, Anwar, Taib Mahmud, KuLi, Samy Vellu, Liong Sik etc reaped the country’s wealth through multitude means?

where do you think the “Mr 10%” got his name from, remember, back in the 80-90s, there were M$1000 notes circulated around, securities including equities and shares do not need to be registered in electronic system like CDS today, every transaction records were made on paper

among these, Mahathir and Taib’s wealth is comparable to Forbes global 5
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Lol... as I said .. all these are hearsay ...Forbes global 5? Please do not think Makan even a few bil can enter that category ...nepotism I am sure existed back then but you still have performed/executed those contracts ... those profits need to be made and normally only on a fraction of contract value ... these are not outright misappropriation mind you... the rest I am not sure but Mahathir sure does not need that kind of money .. his son also probably made few RM billions at the most from deals .. that’s hardly much compared to global wealth .. Hearsay is always exaggerated ... so, there is no so called official wealth of his in the hundreds of millions right?
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post Jun 22 2021, 05:51 PM

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QUOTE(dattebayo @ Jun 22 2021, 05:29 PM)
i never say he is not corrupted

my point is while he do take some undertables along the way, he did try to rectify the corrupted system within his capacity, to the extent of facing serious backlash within right wing Malay factions including Mahathir himself

what else do people especially Chinese wants? Do they really want to see Mahathirism back in action for the 3rd time? Did they not suffer/poor during his first tenure as PM? Obviously young millennials do not know, how humble lives were 20-40 years ago
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Why so defensive bro, i only said tq for the explanation in my last comment smile.gif
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post Jun 22 2021, 08:08 PM

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QUOTE(aspartame @ Jun 22 2021, 05:37 PM)
Lol... as I said .. all these are hearsay ...Forbes global 5? Please do not think Makan even a few bil can enter that category ...nepotism I am sure existed back then but you still have performed/executed those contracts ... those profits need to be made and normally only on a fraction of contract value ... these are not outright misappropriation mind you... the rest I am not sure but Mahathir sure does not need that kind of money .. his son also probably made few RM billions at the most from deals .. that’s hardly much compared to global wealth .. Hearsay is always exaggerated ... so, there is no so called official wealth of his in the hundreds of millions right?
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10% in mega infra projects back then was ALOT

imagine just 10% in Putrajaya development alone

it's not just simply hearsay, even LGE and LKS and Anwar quoted these "hearsay" against him during GE 13 days

Forbes Global 5 probably is an overstatement, but it doesn't defeat the fact that Mahathir family reaped alot, along with his friends throughout 22 years of his reign in Malaysia chain of powers


ps. himself doesn't need that kind of money doesn't mean he doesn't like to accumulate them, for instance, Warren Buffet is leading a frugal and humble lifestyle, yet he think of how to make more money 24/7 non-stop




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post Jun 22 2021, 08:32 PM

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QUOTE(dattebayo @ Jun 22 2021, 08:08 PM)
10% in mega infra projects back then was ALOT

imagine just 10% in Putrajaya development alone

it's not just simply hearsay, even LGE and LKS and Anwar quoted these "hearsay" against him during GE 13 days

Forbes Global 5 probably is an overstatement, but it doesn't defeat the fact that Mahathir family reaped alot, along with his friends throughout 22 years of his reign in Malaysia chain of powers
ps. himself doesn't need that kind of money doesn't mean he doesn't like to accumulate them, for instance, Warren Buffet is leading a frugal and humble lifestyle, yet he think of how to make more money 24/7 non-stop
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Many projects are given to GLCs not individuals ...and these assumed 10% profits have to be earned by someone if projects are to be executed.. they are not outright misappropriation ... there were a lot of bailouts of crony companies but even those are lost through operations which employed many people , not into own pockets .. similarly those Bsnk Negara forex that supposedly DrM lost ... it was not into his pockets...it was his misjudgment of market . .. we most distinguish between losses as a result of bad management / judgement from those which are outright corruption/ misappropriation...that is why I annoyed by those comparing 1MDB losses with “losses” from DrM era
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post Jun 22 2021, 08:47 PM

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QUOTE(aspartame @ Jun 22 2021, 08:32 PM)
Many projects are given to GLCs not individuals ...and these assumed 10% profits have to be earned by someone if projects are to be executed.. they are not outright misappropriation ... there were a lot of bailouts of crony companies but even those are lost through operations which employed many people , not into own pockets .. similarly those Bsnk Negara forex that supposedly DrM lost ... it was not into his pockets...it was his misjudgment of market  . .. we most distinguish between losses as a result of bad management / judgement from those which are outright corruption/ misappropriation...that is why I annoyed by those comparing 1MDB losses with “losses” from DrM era
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you will never know man

Mahathir and friends are well known to manage everything through proxies

http://therealtamringhafarbaba.blogspot.co...athir-clan.html

https://www.malaysia-today.net/2020/07/05/d...re-before-1mdb/


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post Jun 22 2021, 09:04 PM

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QUOTE(dattebayo @ Jun 22 2021, 08:47 PM)
you will never know man

Mahathir and friends are well known to manage everything through proxies

http://therealtamringhafarbaba.blogspot.co...athir-clan.html

https://www.malaysia-today.net/2020/07/05/d...re-before-1mdb/
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Even if true , the stake only RM1.5bil. The RP can spin whatever stories he wants. With enough figures, ppl treat it that they must be real stories .. agree that we will never know

 

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