How rich is Tony Fernandes?
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He could be the creator of Tune Air Sdn. Fernandes was able to turn AirAsia, a failing government-linked commercial airline, into an extremely successful budget airline public-listed firm. He’s since founded the Tune Group of companies. Because of this, these countries have allowed landing rights to AirAsia and other discount carriers.
Fernandes is a lover of English club West Ham United and was involved in discussions regarding a possible takeover of the team back in May 2011, at which period it seemed as if he would get a 51 per cent stake in the team. It was just one month after when Fernandes made another offer to purchase 51 per cent of the team, although co-owners David Sullivan and David Gold rejected his bid. Sullivan told the London Evening Standard: “He needed 51% of the team for just two bob.” Sullivan’s remarks began a war of words on Twitter. “It turned out to be an excellent offer with good money and brought in great folks,” said Fernandes. “Gold and Sullivan can say whatever they desire. I’ve been a lifelong supporter and would have brought good money, great thoughts, new folks as well as a fresh idea. Wow. They’re constantly in the press making enormous claims. Were we not likely to be in Europe. Now we’ve been relegated. Two sacked supervisors. All great players will probably be sold. No new training ground that will be the main part I feel. Look at just how many injuries we’ve. And more investment to the academy.”