- Homepage
- Person in News
- Malaysia’s New Monarch, Sultan Ibrahim Iskandar: A Billionaire with Political Influence
Malaysia’s New Monarch, Sultan Ibrahim Iskandar: A Billionaire with Political Influence
In a unique ceremony within Malaysia’s rotating monarchy system, Sultan Ibrahim Iskandar, a 65-year-old billionaire sultan who governs Johor state, was sworn in as the nation’s new king. The ceremony, witnessed by other royal families, Prime Minister Anwar Ibrahim, and Cabinet members, marked the beginning of his reign, with a formal coronation scheduled for a later date.
Sultan Ibrahim, recognized as one of the wealthiest individuals in Malaysia, boasts an extensive business empire spanning real estate, telecommunications, and power plants. Beyond his economic prowess, the outspoken monarch shares close ties with Prime Minister Anwar Ibrahim. This alliance could potentially strengthen Anwar’s unity government, which is currently facing opposition from Islamic groups.
Malaysia’s unique monarchy system involves nine ethnic Malay state rulers taking turns as king for five-year terms. This tradition has been in place since Malaysia gained independence from Britain in 1957. Sultan Ibrahim’s election to the national throne in October, following an established rotation order, was widely anticipated. Sultan Nazrin Shah of Perak state, the next in line to the throne, was also reelected as deputy king.
Formally known as the Yang Di-Pertuan Agong, or He Who is Made Lord, the king in Malaysia holds a predominantly ceremonial role. Administrative power resides in the prime minister and Parliament. Despite the ceremonial nature of the position, the king is esteemed as the guardian of Islam and Malay tradition, with the authority to assent to laws, Cabinet appointments, and the dissolution of Parliament.
Sultan Ibrahim succeeds Sultan Abdullah Sultan Ahmad Shah of Pahang state, who navigated a tumultuous period marked by COVID-19 lockdowns and political instability. The political influence of the Malaysian king has grown in recent years, as exemplified by Sultan Abdullah’s interventions in prime ministerial appointments.
In a recent interview with the Singapore Straits Times, Sultan Ibrahim expressed his commitment to a hands-on approach during his reign, emphasizing a focus on combating corruption and fostering unity in the nation. The monarch and other rulers have also cautioned against attempts to destabilize the government, advocating instead for political stability.
Sultan Ibrahim’s distinctive corporate profile, including his stake in the Forest City development project in Johor with China’s Country Garden, has raised concerns about potential conflicts of interest. Despite these concerns, the monarch has defended his business dealings, emphasizing the need to “earn a living” beyond his monthly state allowance.
Also read : Crown Prince Frederik to become Denmark’s Future King, Unveiled
Aside from his political and business roles, Sultan Ibrahim is known for his advocacy on welfare issues, undertaking annual road trips on his motorbike to connect with the people in his state. His wife, Raja Zarith Sofiah, an Oxford graduate and prolific writer, comes from another royal family, adding another layer of distinction to Malaysia’s new king. Together, they have five sons and a daughter, shaping a new chapter in Malaysia’s unique rotating monarchy.