Jho Low is a Malaysian businessman and international fugitive who is wanted by authorities in connection with the 1Malaysia Development Berhad scandal (1MDB scandal).
He is accused of being the mastermind of the massive fraud, which allegedly involved siphoning US$4.5 billion from a state-owned fund into his accounts.
Low is known for his lavish lifestyle, extravagant spending, and connections with celebrities, politicians, and royalty.
Profile
- Full name: Low Taek Jho
- Nickname: Jho Low
- Date of birth: November 4, 1981
- Age: 42 years
- Gender: Male
- Place of birth: George Town, Malaysia
- Nationality: Malaysian, Cypriot
- Profession: Businessman, investor, fugitive
- Height: 5 ft 7 in (170 cm)
- Parents: Larry Low Hock Peng (father), Goh Gaik Ewe (mother)
- Siblings: Low Taek Szen (brother), Low May Lin (sister)
- Spouse: Jesselynn Chuan Teik Ying
- Children: 2
- Relationship status: Married
- Net worth: $150 million
Early Life & Education
Jho Low, now 42 years old, was born to a wealthy Malaysian-Chinese family on November 4, 1981, in George Town, Malaysia. He is the youngest of three brothers, including Low Taek Szen (brother) and Low May Lin.
His father, Larry Low, is a businessman who founded an investment holding company called MWE Holdings.
His mother, Goh Gaik Ewe, is a homemaker. Low grew up in a privileged and comfortable environment, attending elite schools in Malaysia and abroad.
Low attended Chung Ling High School and the International School of Penang (Uplands) in Malaysia, where he excelled academically and participated in various extracurricular activities.
He then moved to London, England, to study at the prestigious Harrow School, where he befriended many students from influential families, including Riza Aziz, the stepson of former Malaysian Prime Minister Najib Razak. Low also developed a taste for luxury and glamour, frequenting exclusive clubs and parties.
Low then moved to the United States to attend the Wharton School at the University of Pennsylvania, where he graduated with a Bachelor of Science in Economics in 2005.
He also began managing funds for his family and friends, using his connections and charisma to attract investors and partners.
He also founded an investment group called The Wynton Group, which made several lucrative deals in real estate, energy, and media.
Personal Life
As per reports, Jho Low is married to Jesselynn Chuan Teik Ying, and they have two children together, whose identities and names have not been confirmed.
Jho Low has also been linked to several models and actresses, such as Miranda Kerr, Paris Hilton, Lindsay Lohan, and Elva Hsiao, but none have confirmed their involvement with him.
Low has also been rumored to have dated or courted other celebrities, such as Alicia Keys, Britney Spears, Usher, and Psy, but these claims have been denied or dismissed by the parties involved.
Low has never been married and does not have any children. He has been described as a bachelor who enjoys the company of beautiful women but does not commit to any of them. He has also been said to be generous, charming, manipulative, and secretive.
He has been known to shower his friends and associates with lavish gifts, such as jewelry, cars, yachts, and artworks, but also to demand loyalty and discretion from them.
Career
Jho Low’s career has been marked by his involvement in some of the world’s biggest and most controversial transactions.
He has been the founder, director, or advisor of several companies and funds, such as Jynwel Capital, Jynwel Charitable Foundation, Jynwel Media, EMI Music Publishing, Coastal Energy, Park Lane Hotel, and 1MDB.
Jynwel Capital is Low’s flagship company, which he established in 2010 as a global investment and advisory firm. It has close relationships with the world’s largest sovereign wealth funds, such as the Kuwait Investment Authority and Mubadala.
Through Jynwel Capital, Low has been involved in major transactions, such as the purchase of the Park Lane Hotel in New York City for $660 million, the acquisition of Coastal Energy for $2.2 billion, the bid for Reebok for $2.2 billion, and the investment in EMI Music Publishing for $2.2 billion.
Jynwel Charitable Foundation is Low’s philanthropic arm, which he founded in 2012 as a global grant-making organization. It has supported causes such as education, health, conservation, and arts and culture.
Through the Jynwel Charitable Foundation, Low has donated millions to various institutions and initiatives, such as the United Nations, the Clinton Foundation, the Global Poverty Project, the International Peace Institute, the Louvre Museum, and the Leonardo DiCaprio Foundation.
Jynwel Media is Low’s entertainment venture, which he launched in 2014 as a global media and content company. It has partnered with some of the leading names in the industry, such as Warner Bros, RatPac Entertainment, and Imagine Entertainment.
Through Jynwel Media, Low has produced or financed several films and TV shows, such as The Wolf of Wall Street, Dumb and Dumber To, The Revenant, and Billions.
1MDB is Low’s most notorious project, which he allegedly orchestrated and exploited for his gain. 1MDB, or 1Malaysia Development Berhad, is a state-owned fund established in 2009 by former Prime Minister Najib Razak to finance development projects in Malaysia.
Low, who was a close associate and advisor of Najib, is accused of being the mastermind behind the massive fraud, which involved the embezzlement of billions of dollars from 1MDB into his accounts. Low is also accused of using the stolen money to fund his extravagant lifestyle, bribe officials, and influence politics.
Controversy
Jho Low has been involved in many controversies and scandals throughout his career. Still, the most prominent and damaging one is the 1MDB scandal, described as one of the largest and most complex financial frauds in history.
The 1MDB scandal has implicated and affected many individuals and entities, such as former Prime Minister Najib Razak, his wife Rosmah Mansor, his stepson Riza Aziz, his ally Jho Low, Goldman Sachs, Deutsche Bank, BSI Bank, Falcon Bank, and others.
The 1MDB scandal has also sparked public outrage and political upheaval in Malaysia, leading to the ouster of Najib’s government in 2018 and the return of Mahathir Mohamad as Prime Minister.
The 1MDB scandal has also attracted the attention and scrutiny of the authorities and regulators in several countries, such as the United States, Switzerland, Singapore, Hong Kong, and the United Kingdom.
The 1MDB scandal has resulted in numerous investigations, charges, arrests, trials, convictions, fines, settlements, and recoveries involving various parties and aspects of the fraud.
The 1MDB scandal has also exposed the flaws and loopholes in the global financial system, which enabled and facilitated the movement and laundering of illicit funds.
Jho Low has been named the central figure and the mastermind of the 1MDB scandal, who orchestrated and executed the scheme to siphon and divert billions of dollars from the fund into his accounts. Low has also been accused of using the stolen money to fund his lavish lifestyle, bribe officials, and influence politics.
Low has been charged and indicted by the authorities in Malaysia and the United States for multiple counts of money laundering, fraud, conspiracy, and corruption. Low has also been sued and pursued by various creditors and claimants, seeking to recover their losses and damages from him.
Jho Low has denied involvement or responsibility in the 1MDB scandal and has challenged and contested the allegations and actions against him. Low has claimed that he was only a middleman and a consultant who acted in good faith and accordance with the law.
Low has also claimed that he is a scapegoat and a target of a political vendetta orchestrated by Mahathir and his allies, who are trying to discredit and destroy Najib and his legacy.
Low has also claimed that he is a victim of media bias and distortion, which have portrayed him as a villain and a criminal without giving him fair and balanced coverage.
Social Media
- Instagram handle: N/A
- Twitter handle: N/A
Net Worth
According to multiple sources, Jho Low’s net worth is estimated to be around $150 million.
However, his actual wealth is difficult to determine, as he has hidden his assets and transactions in various offshore entities and accounts.
Low’s net worth has also been affected by the legal actions and investigations against him, which have resulted in the seizure and forfeiture of some of his properties and assets, such as his yacht, jet, artworks, and shares.
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