I’m not dating Paris Hilton: Malaysian millionaire
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Everyone’s sitting up and taking notice of a mysterious, 28-year-old Malaysian millionaire who’s been living it up and rubbing shoulders with the likes of Paris Hilton, Usher, Lindsay Lohan and Megan Fox.
Malaysian businessman Taek Jho Low denies going out with Paris Hilton, but said that they had been to several parties together because he is a friend of her parents.
“You can ask her yourself if you have any doubt,” Mr Low told the Star in an interview published on Thursday. “She just happens to be part of the group.”
The flashy, big-spender said he had known the Hiltons for awhile and was introduced to the family by a good friend.
“The girls were on this trip with a whole list of other people,” Mr Low explained. “We had prominent and successful friends from Russia, Kazakhstan and the Middle East too. We are all in the same group and we introduced ourselves to each other.”
Little is known about the ‘international man of mystery’ except he made his first million at the tender age of 20 and he’s currently a “group adviser” at UBG Berhad, which describes itself a “financial services group” on its website.
The chubby, bespectacled graduate of the prestigious Wharton School has been making headlines for racking up staggering bills at exclusive nightspots with his accompanying fleet of black Cadillac Escalades.
His big-spending ways have made him the talk of New York’s night life scene. The operator of New York’s Pink Elephant Club told The New York Post that Mr. Low spent between S$69,000 and S$82,000 there a night.
The baby-faced Malaysian also reportedly spent more than $218,000 on another night with his entourage at club Avenue this September during Fashion Week.
His current globe-trotting lifestyle covers places like Los Angeles, New York, London, Abu Dhabi, Kuala Lumpur and St Tropez. It was in St. Tropez where he and Paris Hilton reportedly chalked up a whopping S$3.8 million bill at the exclusive Byblos nightclub.
The pair sparked off dating rumours after Paris was photographed topless on his luxury yacht in what the Hilton heiress has referred to as “heaven on water”.
Earlier this month, Hilton was briefly held by police on the French island of Corsica after being caught with cannabis in her handbag.
Police found less than a gram of cannabis in her handbag and released her soon afterwards but not before a local newspaper reported Hilton was travelling on the private jet with “people close to power in Malaysia“.
In an interview with Malaysian paper The Star on Thursday, Low revealed the source of his wealth.
At twenty years of age, he started an investment fund called The Wynton Group with US$25 million from his family and nine other investors made up of schoolmates from the Middle East.
“As of today, Wynton’s investments stands at in excess of US$1 billion. When I started the company when I was still in university, I had a SOHO, home-office type concept. Subsequently, it was formalised and we had offices in Malaysia, Singapore and headquarters in the British Virgin Islands,” the Penang-born businessman explained.
In addition to sitting on the board of UBG Berhad as a non-independent, non-executive director since 2008, Low also advises companies on global private equity, mergers and aquisitions, structured investments and financing.
Despite his growing reputation as a party animal with deep pockets, the Arab-speaking multi-linguist claims reports about his extravagant party lifestyle are exagerrated. He insists it is his Arab childhood friends and investors who are the ones splashing out on the parties and not him.
Mr Low also dismissed talk that he was ‘wasting a lot of money partying’.
”Of course, we have a disadvantage where at our age, people may perceive it differently,” Mr Low said. “At the end of the day, I run my investors’ money prudently. I am not an excessive person but I do have breaks for relaxation with friends,” he added.
Either way, with a bevy of models on his arm, an endless supply of his favourite Cristal champagne and a red sports car from Jamie Foxx as a birthday gift, you won’t find him complaining.
egplaininfo on July 29, 2010 at 4:44 pm
He has the money and he is entitled to do what pleases him most. No one can comment as it is his own money and he has achieved enough to treat himself to what he wants.
wwvww on July 29, 2010 at 4:56 pm
We have got another “proud” of Malaysia?
baliprince on July 29, 2010 at 5:05 pm
Taek Jho Low…the way to go…do it when you are still young..and healthy..we only live once.. Cheers!
brightkupu2 on July 29, 2010 at 5:12 pm
Eh abang JL, lu mau kahwin saya ka? You go sow your wild oats, when you are ready to settle down, we’ll get married and live happily ever after okay?
kumsiahamida on July 29, 2010 at 5:20 pm
Party all night long? Look at what Linsay Lohan has gotten herself into. Party with drugs why don’t go and do something meaningful in life like spend more time to help the needy? Socializing is inevitable but there are many ways to socialise isn’t it?
teren3818 on July 29, 2010 at 6:07 pm
I agree with you kimsiahamida,
Don’t be a hero my friend (Malaysia Boy), now you got the money, wait till one day you realise how important it is when you are less fortunate. You will live with regret. I know when “once upon a time” I had money, now what happen you have none! Only your dog and cat will look to you.
There is a saying – “The most expensive stuff, more than a ferrari or lamboghini is still the damn pus#y”
Sorry good gals if I said something nasty.
Look at what happen to the Hong Kong actor Tony Lau, his wife Carina Lau is a really bitch, wealthy but still looking for any ‘stupid’ billionaire right under his husband nose. So money really can buy anything, even the most expensive pu#sy.
Frankly if you look at this World, everything favours the rich, they will be richer and left the poor to be even poorer.
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heeremm on July 29, 2010 at 7:29 pm
!——————————————
! Come on lah, you think he made all the money ??
!
！If he is so good surely many fund manager will look for him.
! But nobody in the FM circle knows him !
!
! I strongly believe it is all political money. He is
! just the proxy for the political figures !
!
! Time will tell – the opposition will one day reveal this.
! Meanwhile, party while you can before next political change !
! I think he knows that !
!
!——————————————————–
baliprince on July 29, 2010 at 11:21 pm
Low..a wild guess..the party’s on all night long? then where is the party this weekend??
petesake on July 29, 2010 at 11:56 pm
Malaysia Boleh, Ya!
malaysianbl on July 30, 2010 at 2:57 am
He has made his life special… even by the name of big spender. Definitely he has been blessed with the rich family background and makes his way globalised with multilingual and multicultural exploration. Life is once and let’s makes it meaningful. Hope he will put more effort in doing charity work.
Top Posts — WordPress.com on July 30, 2010 at 8:02 am
[...] Who’s the Malaysian millionaire partying with Paris? Everyone’s sitting up and taking notice of a mysterious, 28-year-old Malaysian millionaire who’s been [...] [...]
rushsportage on July 30, 2010 at 9:43 am
Agree with you heeremm & malaysianbl.. People can do anything when you have the money. Spent on everything that you never wish before like nobody business. You can name yourself the Sultan of the day. But we all must remember that everything can disappear without notice. Please learn to appreciate fortune life. You will get more blessing rather than cursing…
Lois on July 30, 2010 at 9:46 am
What can I say??? If you are super rich and have spare money to throw around, the possibilities are endless. Good on you TJL ;o)
26passerby26 on July 30, 2010 at 10:47 am
Think i watch too many movies…financial services group? smells like loan shark..does his money come clean? one big deal can make one a millionaire overnite. Degree? chey..can be bought mah..
1961telf on July 30, 2010 at 11:03 am
Nice life, always aim high and do your best. Don’t do drugs though
youlahthan on July 30, 2010 at 12:11 pm
Its his $$$. He do wat he wants. Leave him alone…. but… to date a whore…. PH pus$y cost only a penny now after she goes into x rated. She is used, not clean. A bit stupid to date her if you will…. but than again $$$ talks. This man is not stupid to leave her alone… afterall, her daddy is rich. Can give him more $$$ if he succeeds in continuing sticking into her. Good lad.
asshole1234 on July 30, 2010 at 1:25 pm
Low, don’t try to brag.
exercise self constraint.
don’t let money control you, think thrice before you do anything!
baliprince on July 30, 2010 at 1:42 pm
NO MONEY NO HONEY….cheers!
abetterfutureformyfamily on July 30, 2010 at 2:05 pm
Paris Hilton is a loose pussy she sleeps with anyone who has money.If anyone wants her sex tapes with her big dick boyfriend,let me know I have them. By the way how can he satisfy her?
jyngrehl on July 30, 2010 at 3:24 pm
Um, you know… for some reason I don’t find Paris Hilton attractive. Could be her big feet or her elongated body or even her misaligned facial features… I don’t know… there is just something about her that isn’t HOT.
vereneonn on July 30, 2010 at 7:47 pm
Never find Paris Hilton pretty. A typical Hollywood actress who suck up rich guys. Not living a good lifestyle. Famous but no common sense!
A bimbo blonde indeed.
vereneonn on July 30, 2010 at 7:53 pm
Mmm..who is this Taek Jho Low? A M’sian playboy? Handsome?
yoongc on July 30, 2010 at 8:26 pm
I wanna be her BFF too
adsmsia on July 30, 2010 at 11:04 pm
i’m Malaysian and who da heck is this Jho Low ? hmmm but he sure damn rich…
wackk0 on July 31, 2010 at 6:43 am
Jho Low ….steady lah.
HAVE MONIE$ WILL SPEND.
dont care lah wat pple say….ITS UR $$$$$$
WP on July 31, 2010 at 10:19 am
Bitchy gal r all like dat…money face..
if i had 1 million i would used for my old age..as kids nowadays hardly tke cre of their parent wen we get old…so be prepared..so wat ur rich..so wat ur beauty?Its all in hands of all god of races..if hes say u die mean die.hide under the blanket chinese say “beh sai chow”
mean cannot run..
originalimkopi on July 31, 2010 at 5:17 pm
have gun will travel , have kookoochio will …. ?
gda2278 on July 31, 2010 at 9:55 pm
At time 85% of Malaysian Chinese suffer, some even have hardship to go through daily life,he is burning the money as he likes.
j t on July 31, 2010 at 10:15 pm
Since he claimed his friends’ money it’s not anyone right to contradict MR BIG and be cynical. Afterall expert can make money at 20. It’s his story to weave. Whatever is on his agenda and Hilton’s no one need know. Mr. prudent Wharton trained surely knows his boundaries on spending. Malaysians should just be mighty proud this Penangite. Continue to envy. Help the needy? Get real my friends.
sweetcherryberry on August 1, 2010 at 6:03 am
We have no right to judge this man. It’s his money. He has the right to waste it the way he wants. It’s his choice. And how does anyone know he is not already doing charity work. And you don’t need to be a billionaire to do it, you know? You and I can do it too!! So, leave the dude alone.
asshole1234 on August 2, 2010 at 10:34 am
i agree with sweetcherryberry’s comment that it is the dude’s choice.
so, in order words, we have the right to judge this dude,….it is our choice.
jeffreypeter01 on August 2, 2010 at 12:10 pm
Looking for second wife; wonder if Paris Hilton would be interested?!?