In today’s article, we will know about the net worth of Tony Fernandes or in other words, the Air Asia CEO Net worth 2023. Tony Fernandes is a famous and richest businessman who was born on April 30, 1964, in Kuala Lumpur, Malaysia.
According to Forbes magazine, he was also named Businessman of the Year in 2010. As per sources, Air Asia CEO Net Worth is around $335 million. He was at one time the financial controller of Virgin Records music company which is owned by Billionare.
Tony is best known for starting Tune Air, which made the low-cost airline AirAsia famous all over the world. In 2013, he was the twenty-first richest man in Malaysia. According to Forbes magazine, and he had more than $625 million. His dad was an Indian doctor, and his mom was from Malaysia. Many sources also say that his wealth is continuously losing money, due to which he is left with only 5 million dollars.
Tony Fernandes Turned Air Asia to Billion Dollar Company
The rise to the top of Tony Fernandes, who bought a sinking company cheaply and transformed it into a billion-dollar company, is worthy of praise. In 2001, he bought a struggling airline called AirAsia from the government for just 26 cents. And he managed to turn it into a very valuable company worth billions of dollars. However, the value of the company fell drastically when a large airplane company called Airbus said that they had given $50 million to the Malaysian airline.
Because of this, he had to temporarily step down from the post of CEO for two months and he said that he had done nothing wrong. This Man, Tony Fernandes, often gets caught in situations where people argue about his actions.
He said that he would work closely with the officials of airlines. His company is working with Tata in India. And he was investigated because he helped change the rule that required an airline to own 20 planes and operate them for five years. Before they could fly to other countries.
Tony Fernandes (Air Asia CEO) Assets
According to the media, Tony Fernandes has made a net worth and has also bought many houses and luxury cars. He have 2 houses House in Kuala Lumpur – $1.7 million and second House in London – 747k million. He also have some luxury cars including electric cars also.