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:
“The basis of shame is not some personal mistake of ours, but the ignominy, the humiliation we feel that we must be what we are without any choice in the matter, and that this humiliation is seen by everyone.”
—Milan Kundera (b. 1929)
“Rich are the sea-gods:Mwho gives gifts but they?
They grope the sea for pearls, but more than pearls:
They pluck Force thence, and give it to the wise.
Every wave is wealth to Daedalus,
Wealth to the cunning artist who can work
This matchless strength. Where shall he find, O waves!
A load your Atlas shoulders cannot lift?”
—Ralph Waldo Emerson (1803–1882)