How does Malaysia’s billionaire Sultan Ibrahim spend his $5.7B fortune?

At 65, Sultan Ibrahim of Malaysia is known for his lavish lifestyle and philanthropy, backed by a family fortune estimated at $5.7 billion, as reported by Bloomberg.

The 17th King of Malaysia, the Sultan of Johor, Sultan Ibrahim Iskandar, salutes the guard of honor at National Palace in Kuala Lumpur, Malaysia, Wednesday, Jan. 31, 2024. Photo by AP

Business Insider details Sultan Ibrahim’s wealth display, which includes a collection of 300 luxury vintage cars, ranging from a Bugatti Veyron to a cartoon-inspired replica. This collection also notably features a 1980s Ferrari Testarossa and a unique bright-pink Rolls Royce.

His penchant for luxury extends beyond automobiles to aviation, as he also owns three Gulfstreams and a gold-and-blue Boeing 737, adding private jets to his collection.

The Times of India additionally highlights his ownership of exotic animals, including tigers, lions, and crocodiles.

Bloomberg remarks on Sultan Ibrahim’s investments in various sectors, including palm oil, real estate, and telecommunications. He holds a significant stake in U Mobile, a leading Malaysian cell phone provider, and Maharani Energy Gateway, a key player in his home state of Johor’s oil and gas industry.

His investments reportedly extend to Singapore, where he owns $4 billion worth of land, including the Forest City project.

With his wealthy status, The Straits Times reports his recent initiative to revive the high-speed railway project between Singapore and Kuala Lumpur, previously shelved in 2021 due to its substantial cost.

The Guardian also emphasizes his charitable efforts, including tours around Johor on a Harley-Davidson, where he distributed money to the needy, showcasing his dedication to welfare beyond his wealth.

Sultan Ibrahim was officially sworn into office during a ceremony held on Jan. 31, which was attended by Malaysian Prime Minister Anwar Ibrahim and Cabinet members, as reported by AP. This ceremony, which included signing the proclamation of office, will be followed by a coronation ceremony.

His wife, 64-year-old Raja Zarith Sofiah of the Perak Royal Family, is an Oxford-educated author known for her children’s books. They share five sons and a daughter.

His rise to the throne is the latest iteration of Malaysia’s rotating monarchy system, in which the crown passed among the heads of the country’s nine royal families every five years.

Related Posts

Adbhut – Official Trailer | Sony Max Original Release | 15 Sep Sun 8 PM

Adbhut is an Indian Hindi-language supernatural horror film written and directed by Sabbir Khan. it stars Nawazuddin Siddiqui, Diana Penty and Shreya Dhanwanthary. The film was premiered…

The Collection 2 – Official Trailer 2024: A Thrilling Sequel Unveiled

The highly anticipated sequel, The Collection 2, has just released its official trailer for 2024, promising an electrifying continuation of the saga that captivated audiences worldwide. The…

Hounds Of War | Official Trailer | Starring Frank Grillo and Rhona Mitra

“Hounds of War” is a gripping revenge thriller that follows the harrowing journey of a lone mercenary after a mission goes horribly wrong. With his comrades dead…

McLaren In MASSIVE Trouble For ILLEGAL Modifications In Baku!

**McLaren In MASSIVE Trouble For ILLEGAL Modifications In Baku!** McLaren finds itself in hot water after being accused of making illegal modifications to their car during the…

LITTLE NICKY RETURNS!!!

Prepare for nonstop laughs with Little Nicky: Hell Takes a Vacation, premiering on Netflix in September 2024. Adam Sandler returns as the mischievous Little Nicky, now the…

The Mask of Zorro (2025)

The first trailer for the highly anticipated “The Mask of Zorro” (2025) brings back the iconic swashbuckling hero in a new and exhilarating reboot, starring Diego Luna…