Personal Wealth
Taib owns a mansion in Demak Jaya which overlooks the Sarawak River. According to photos in the July to December 2006 newsletter of Naim Cendera Holdings Bhd, Taib's living room is decorated with gilt-edged European-style sofa sets. Taib Mahmud is reported to wear double-breasted suits, driving around in Kuching in his cream-coloured Rolls-Royce Silver Shadow. Laila Taib and her children are the majority shareholders of Sitehost Pty. Ltd., Australia, which owns Adelaide Hilton Hotel, according to Aliran Monthly, the reformist Malaysian magazine. Taib was described as "flamboyant with expensive tastes" and had reportedly purchased a piano once belonged to late American showman Liberace for US$2 million.
Read more about this topic: Abdul Taib Mahmud
Famous quotes containing the words personal and/or wealth:
“It is cowardly to fly from natural duties and take up those that suit our taste or temperament better; but it is also unwise to take an exaggerated view of personal duties, which shuts out the proper care of the mind and body entrusted to us.”
—Ellen Henrietta Swallow Richards (1842–1911)
“When the ice is covered with snow, I do not suspect the wealth under my feet; that there is as good as a mine under me wherever I go. How many pickerel are poised on easy fin fathoms below the loaded wain! The revolution of the seasons must be a curious phenomenon to them. At length the sun and wind brush aside their curtain, and they see the heavens again.”
—Henry David Thoreau (1817–1862)