How rich is Jho Low? |
Jho Low, whose full name is Low Taek Jho, is a Malaysian businessman and financier who was allegedly involved in a major financial scandal known as the 1MDB scandal.
He was born on November 4, 1981, in Penang, Malaysia, and was educated in the United Kingdom.
Low is accused of playing a central role in the 1MDB scandal, in which billions of dollars were allegedly siphoned off from Malaysia’s state investment fund, 1Malaysia Development Berhad (1MDB), and laundered through a network of shell companies and bank accounts around the world. Low is alleged to have worked with several other individuals, including former Malaysian Prime Minister Najib Razak, to orchestrate the scheme.
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Low has been described as a key figure in the scandal, with allegations that he used his connections to the Malaysian government and other high-ranking officials to facilitate the scheme. He has been indicted on multiple charges by the US Department of Justice, including conspiracy to commit money laundering and violations of the Foreign Corrupt Practices Act.
Low has denied any wrongdoing and has remained outside of Malaysia since the scandal broke. His current whereabouts are unknown, and he is considered a fugitive by Malaysian authorities.
Jho Low net worth
Jho Low is a fugitive criminal businessman from Malaysia with a net worth of $150 million. Jho Low is wanted for questioning in connection with the 1Malaysia Development Berhad scandal.
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He is accused of masterminding a global scheme involving the systematic theft of $4.5 billion from Malaysian sovereign wealth fund 1MDB.
Low has maintained his innocence, claiming that he is being targeted by Malaysian authorities because of his support for former Prime Minister Najib Razak, who was convicted as part of the 1MDB scandal.
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