Personal Finance
the world’s first trillionaire?
By Patrick Lim  •  January 24, 2012
my first blog to kick off the lunar new year is on wealth or lots and lots of it in the form of the world's first trillionaire who is known as mr kamal ashnawi. many people probably would have heard of mr carlos slim helu, the mexican mega tycoon with an estimated worth of US$63.3 billion and acknowledged as the richest person in the world. but who is mr kamal ashnawi? Kamal Ashnawi, 42 years old was born in Tanjung Malim, Perak, Malaysia and is the president of sierra petroleum. according to sources as reported by the malaysian media in a news conference, mr kamal ashnawi said his net worth was $6.4 trillion, and yes, u are reading right, it's trillions and expressed in numerical form, it is $6,400,000,000,000 which is equivalent to approx RM20 trillion ringgit. my comments: wow, imagine the number of digits of the wealth ......
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By Patrick Lim
Patrick is an Associate Director with Promiseland. He has more than 20 years of personal investment experience both in stock and shares and unit trusts. In his early years as an investor, he got burnt really bad in the infamous 1987 crash and again during the clob incident. With 2 decades of so-called battle scars behind him, the last few years (since 2003) have been good to him especially with his single country funds doing exceptionally well. On his investing style, he is both a technical analyst and fundamentalist. Patrick view wealth accumulation as part and parcel of the wealth management process but only if one has already executed his/her wealth protection planning on an on-going basis.
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One response to “the world’s first trillionaire?”

  1. Craig Dean says:

    I would be happy with a minute fraction of that. How to people aquire such wealth? I have to ask….did he inherit this wealth or is this the sign of a very smart individual who has worked very hard during his lifetime or was he simply in the right place at the right time.

    Mr Kamal Ashnawi looks quite young. Would it be fair to say he has inherited his trillionaire status?

    Craig Dean
    Director
    Singapore Financial Advice

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