Jho Low

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Low Taek Jho (short name: Jho Low) (born November 4, 1981 in George Town (Penang) ) is a Malaysian investor . He is also a citizen of the European Union by purchasing the citizenship of Cyprus .

Life

Low graduated from the elite boarding school Harrow School in London. There he came into contact with Riza Aziz, the stepson of the future Malaysian Prime Minister Najib Razak from 2009 to 2018 .

Professional career

From 2009 he was a consultant for the Malaysian sovereign wealth fund Malaysia Development Berhad (1MDB).

Low cultivated the image of the immensely wealthy financial investor. He bought more than $ 250 million in art paintings, gave away luxury jewelry or paintings, hung out with film or fashion stars, threw exclusive parties or bought the superyacht Equanimity.

Suspected embezzlement

As of 2015, judicial authorities opened criminal investigations and the like in several countries. a. on suspicion of embezzlement and money laundering of approximately $ 4 billion in connection with the 1MDB sovereign wealth fund.

In 2017, the US Department of Justice initiated the seizure of approximately $ 540 million in assets. I.a. Leonardo DiCaprio had to deliver a painting by Pablo Picasso that Low had received to the US authorities.

biography

  • Tom Wright, Bradley Hope: Billion Dollar Whale. The Man Who Fooled Wall Street, Hollywood, and the World . 2018. ISBN 9780316436502

Individual evidence

  1. ↑ "London ballroom hosts showcase event for 'golden passports'" The Guardian of 16 November 2019
  2. ↑ See Ferranti: The would-be billionaire who screwed Wall Street and Hollywood - and disappeared. Vice, October 1, 2018, accessed October 1, 2018 .
  3. ↑ Frederic Spohr, Mathias Peer: What role did Deutsche Bank play in the financial scandal surrounding the Malaysian sovereign wealth fund? Handelsblatt, September 18, 2018, accessed on October 1, 2018 .
  4. ↑ Reuters / ccr: Money laundering scandal: Leonardo DiCaprio has to give up his Picasso. Balance sheet, June 16, 2017, accessed October 1, 2018 .
personal data
SURNAME Low, Jho
ALTERNATIVE NAMES Jho, Low Taek (full name)
BRIEF DESCRIPTION Malaysian investor
DATE OF BIRTH 4th November 1981
PLACE OF BIRTH George Town (Penang)