If you search his name in Google Images you’ll see pictures of him partying with Usher, Alicia Keys, Paris Hilton and Ludacris… He’s also been associated with the likes of Leonardo DiCaprio, Tobey Maguire, Britney Spears, Robert De Niro, Jamie Foxx, Kanye and Kim, Lindsay Lohan, Chris Brown, Busta Rhymes, to mention but a few. He founded a production company which financed one of the biggest movies of the past few years – The Wolf of Wall Street. His name is Low Taek Jho and he popped out of thin air in 2009.
What made the tabloids notice Jho Low, as he’s otherwise known, was that he was dropping crazy money in New York and Las Vegas clubs, surrounding himself with celebrities and buying and renting extravagantly expensive condos. He’s also known to be the owner of one of the most expensive art collections in the world containing a Picasso that he bought for the mind-blowing $141 million. As you can imagine a big spender like this one is a perfect fit to the Las Vegas high roller and party scene. If you too consider yourself to be a big spender but Vegas is too far away from where you’re residing, then I would suggest you also visit highstakesroulette.co.uk for all your high limit casino needs.
But, as sweat as all this sounds, nowadays it’s actually not only fun and parties for Jho Low. His extravagant lifestyle and close connections to the Malaysian Prime Minister Najib Tun Razak led to him being entangled into the investigation of the Malaysia’s Government Investment Fund (1MDB). The fund is actually being investigated for financial fraud and money laundering simultaneously by the United States, Singapore, Hong King and Switzerland. Many of Low’s bank accounts have been frozen for the purposes of the investigation, as he’s reported to have been acting as a financial advisor to the Malaysian Prime Minister who also happens to be the head of the advisory board of the 1MDB. The investigations were actually motivated by the fact that close to $700 million dollars of the 1MDB money ended up into Razak’s private account while the organisation itself failed to pay $11 billion to its creditors.
In the midst of this scandal Jho Low claims that he has nothing to hide and that the allegations of his involvement in any type of criminal activities are false. It certainly doesn’t help, though, that the party boy businessman has started selling some of his high-valued assets fast. Among the latest sales are three precious artworks amounting to a total of $54 million – a Picasso, a Monet and a Basquiat. What will happen to the tabloid’s favourite party boy? We’ll stand by to see.