Tony Fernandes | |
---|---|
Fernandes at an Air Asia event
|
|
Born |
Anthony Francis Fernandes 30 April 1964 Kuala Lumpur, Malaysia |
Residence | Kuala Lumpur, Malaysia |
Education | Epsom College and Alice Smith School |
Alma mater | London School of Economics |
Occupation | Group Chief Executive Officer Director of AirAsia Berhad and founder of Tune Group Sdn Bhd Chairman of Queens Park Rangers |
Net worth | US$345 million (2017) |
Tan Sri Anthony Francis "Tony" Fernandes, CBE (born 30 April 1964) is a Malaysian entrepreneur. He is the founder of Tune Air Sdn. Bhd., who introduced the first budget no-frills airline, AirAsia, to Malaysians with the tagline "Now everyone can fly". Fernandes managed to turn AirAsia, a failing government-linked commercial airline, into a highly successful budget airline public-listed company. He has since founded the Tune Group of companies.
He was also instrumental in lobbying the then-Malaysian Prime Minister, Tun Dr. Mahathir Mohamad in mid-2003, to propose the idea of open skies agreements with neighbouring Thailand, Indonesia, and Singapore. As a result, these nations have granted landing rights to AirAsia and other discount carriers.
As of February 2014, Forbes Asia valued Fernandes' net worth at $650 million, ranking him at number 28 on the Forbes list of Malaysia's Richest.
Fernandes was born in Kuala Lumpur on 30 April 1964 to an Indian father (originally from Goa) and a mother of mixed Indian (Malayali) and Asian-Portuguese (Kristang) descent who had been raised in Malacca, Malaysia. At a young age, he would follow his mother who sold Tupperware at Tupperware parties.