{"id":20955,"date":"2023-11-29T09:00:03","date_gmt":"2023-11-29T09:00:03","guid":{"rendered":"https:\/\/tekmonk.edu.vn\/bio\/nazir-razak-net-worth-how-much-does-he-earn-salary-and-achievement\/"},"modified":"2023-11-29T09:00:03","modified_gmt":"2023-11-29T09:00:03","slug":"nazir-razak-net-worth-how-much-does-he-earn-salary-and-achievement","status":"publish","type":"post","link":"https:\/\/tekmonk.edu.vn\/bio\/nazir-razak-net-worth-how-much-does-he-earn-salary-and-achievement\/","title":{"rendered":"Nazir Razak Net Worth: How Much Does He Earn? Salary And Achievement 2023"},"content":{"rendered":"\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-left kksr-valign-top\"\n    data-payload='{&quot;align&quot;:&quot;left&quot;,&quot;id&quot;:&quot;20955&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;top&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;Nazir Razak Net Worth: How Much Does He Earn? Salary And Achievement 2023&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            <span class=\"kksr-muted\">Rate this post<\/span>\n    <\/div>\n    <\/div>\n<p>Know about Nazir Razak&#8217;s net worth, income and career earnings as Chairman of CIMB Group in 2023. How much money does he earn? Nazir Razak, a pillar of Malaysian finance, is a renowned individual with a substantial legacy. Nazir is known for his achievements as Chairman and CEO of CIMB Group, a financial services giant in Malaysia and the ASEAN area.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_52 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-69d4a93bca5c1\" ><span class=\"\"><span style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input aria-label=\"Toggle\" aria-label=\"item-69d4a93bca5c1\"  type=\"checkbox\" id=\"item-69d4a93bca5c1\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/tekmonk.edu.vn\/bio\/nazir-razak-net-worth-how-much-does-he-earn-salary-and-achievement\/#How_much_is_Nazir_Razak%E2%80%99s_net_worth_in_2023\" title=\"How much is Nazir Razak&#8217;s net worth in 2023?\">How much is Nazir Razak&#8217;s net worth in 2023?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/tekmonk.edu.vn\/bio\/nazir-razak-net-worth-how-much-does-he-earn-salary-and-achievement\/#Nazir_Razak_Salary_as_Former_Chairman_of_CIMB_Group_Earnings_and_Achievements\" title=\"Nazir Razak Salary as Former Chairman of CIMB Group: Earnings and Achievements\">Nazir Razak Salary as Former Chairman of CIMB Group: Earnings and Achievements<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>His leadership was essential in altering the environment of the banking industry. Beyond his professional achievements, Nazir&#8217;s family ties give another dimension to his profile: he is the youngest son of Malaysia&#8217;s second Prime Minister, Abdul Razak Hussein, who is credited with initiating the country&#8217;s development projects. . Furthermore, Nazir is the younger brother of Najib Razak, the country&#8217;s sixth prime minister. Nazir Razak&#8217;s varied position includes his distinguished career in business as well as his important place in Malaysia&#8217;s political history.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_much_is_Nazir_Razak%E2%80%99s_net_worth_in_2023\"><\/span>How much is Nazir Razak&#8217;s net worth in 2023?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>According to credible sources, Nazir Razak, a seasoned Malaysian banker and former chairman of CIMB Group, has an estimated net worth of RM1.5 billion (US$360 million). This assessment includes his remaining stakes in CIMB Group, a financial giant from which he retired in 2018, as well as other interests and assets. Nazir&#8217;s 0.5% stake in CIMB Group contributes considerably to his fortune, particularly given the institution&#8217;s robust market capitalization of RM54 billion (US$13 billion) as of 2023.<\/p>\n<p><img decoding=\"async\" data-expand=\"600\" class=\"lazyload\" src=\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg' viewBox%3D'0 0 1 1'%2F%3E\" data-src=\"https:\/\/external-content.duckduckgo.com\/iu\/?u=https:\/\/biographygist.com\/wp-content\/uploads\/2023\/11\/Nazir-Razak-1.jpg\" alt=\"Nazir Razak\"><img decoding=\"async\" src=\"\" alt=\"Nazir Razak\"><\/p>\n<p>Beyond CIMB, its financial portfolio includes shares of IHH Healthcare, Sunway Group and AirAsia Group, demonstrating a well-diversified investment approach. This value emphasizes Nazir Razak&#8217;s continued financial power, as his smart investments continue to generate huge profits, cementing his position as an important player in Malaysia&#8217;s economic landscape.<\/p>\n<div style=\"clear:both;margin-top:0em;margin-bottom:1em\"><a href=\"https:\/\/tekmonk.edu.vn\/bio\/marissa-odonnell-wiki-age-height-net-worth-boyfriend-ethnicity\" target=\"_blank\" rel=\"dofollow noopener\" class=\"ud88c4ad9994e7629f445e242fdd1f7bc\"><\/p>\n<div class=\"centered-text-area\">\n<div class=\"centered-text\" style=\"float: left\">\n<div class=\"ud88c4ad9994e7629f445e242fdd1f7bc-content\"><span class=\"ctaText\">See more:<\/span>&nbsp; <span class=\"postTitle\">Marissa O\u2019Donnell- Wiki, Age, Height, Net Worth, Boyfriend, Ethnicity<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"ctaButton\"><\/div>\n<p><\/a><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Nazir_Razak_Salary_as_Former_Chairman_of_CIMB_Group_Earnings_and_Achievements\"><\/span>Nazir Razak Salary as Former Chairman of CIMB Group: Earnings and Achievements<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Nazir Razak began his career as a corporate advisor at Commerce International Merchant Bankers Berhad, commonly known as CIMB, in 1989. In 1999, he was appointed managing director and chief executive officer of the bank, overseeing its development from a boutique Malaysian investment bank to a regional universal bank with operations in 16 countries. He also led CIMB&#8217;s growth in Islamic banking, making it one of the largest Islamic banks in the world. Nazir was CIMB&#8217;s chief executive until 2014, when he resigned to become president.<\/p>\n<p>He resigned as president in 2018 after being cleared of any wrongdoing related to a $7 million transfer from his brother Najib to his account as part of the broader 1Malaysia Development Berhad controversy. According to the bank&#8217;s annual reports, Nazir Razak earned a total of RM211 million (US$51 million) in salaries and incentives during his tenure as CEO and chairman of CIMB.<\/p>\n<p><img decoding=\"async\" data-expand=\"600\" class=\"lazyload\" src=\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg' viewBox%3D'0 0 1 1'%2F%3E\" data-src=\"https:\/\/external-content.duckduckgo.com\/iu\/?u=https:\/\/biographygist.com\/wp-content\/uploads\/2023\/11\/Nazir-Razak-2.jpg\" alt=\"Nazir Razak\"><img decoding=\"async\" src=\"\" alt=\"Nazir Razak\"><\/p>\n<p>When he was CEO, his maximum annual salary was RM34 million (US$8 million). In 2018, his lowest annual income as chairman was RM6 million (US$1.4 million). In addition to his work at CIMB, Nazir Razak held positions at Khazanah Nasional Berhad, the Employees Provident Fund, the Blavatnik School of Government at Oxford University and the Better Malaysia Assembly. In 2021, he also published his memoir titled \u201cWhat&#8217;s In A Name\u201d, in which he revealed his personal and professional life, as well as his thoughts on Malaysian politics and economy.<\/p>\n<p>Categories: <a href=\"https:\/\/tekmonk.edu.vn\/bio\/biography\">Biography<\/a><br \/> Source: <a href=\"https:\/\/tekmonk.edu.vn\/bio\">Tekmonk Bio, <\/a> <a href=\"https:\/\/blogtomoney.com\">Make Money Blogging<\/a><\/p>\n<p><a href=\"https:\/\/tekmonk.edu.vn\/chuong-trinh-tekwizard\/\" target=\"_blank\" rel=\"noopener\"> Find out useful courses for you: <br \/><img decoding=\"async\" data-expand=\"600\" class=\"lazyload\" src=\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg' viewBox%3D'0 0 1 1'%2F%3E\" data-src=\"https:\/\/tekmonk.edu.vn\/wp-content\/uploads\/banner 720x90.jpg\" alt=\"Nazir Razak Net Worth: How Much Does He Earn? Salary And Achievement\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this Article, We will know about Nazir Razak Net Worth: How Much Does He Earn? Salary And Achievement. Please like and share if You are interested! <a class=\"g1-link g1-link-more\" href=\"https:\/\/tekmonk.edu.vn\/bio\/nazir-razak-net-worth-how-much-does-he-earn-salary-and-achievement\/\">More<\/a><\/p>\n","protected":false},"author":1,"featured_media":20956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"reaction":[],"adace-sponsor":[],"class_list":{"0":"post-20955","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-biography"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nazir Razak Net Worth: How Much Does He Earn? 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