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 a rather curious thing to have to divide one’s life into personal and official compartments and temporarily put the personal side into its hidden compartment to be taken out again when one’s official duties are at an end.”
—Eleanor Roosevelt (1884–1962)
“It is better to pay court to a queen ... than to worship, as we too often do, some unworthy person whose wealth is his sole passport into society. I believe that a habit of respect is good for the human race.”
—M. E. W. Sherwood (1826–1903)