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
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