All About Malaysia's New King Sultan Ibrahim

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Malaysia has sworn in Sultan Ibrahim, the wealthy and outspoken ruler of Malaysia's southern Johor state, as the country's new king

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He took the oath of office in a ceremony held at the national palace in the country's capital Kuala Lumpur

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The 65-year-old is a billionaire who has an extensive business empire ranging from real estate to telecoms and power plants

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While the estimated family fortune is pegged at $5.7 billion by Bloomberg, the true extent of his wealth is believed to be much beyond that

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Ibrahim has a fleet of jets, including a gold-and-blue Boeing 737. He also has a huge collection of cars and motorcycles

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He owns $4 billion worth of land in Singapore, including Tyersall Park, an expansive area adjacent to the Botanic Gardens

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His holdings also include a 24% stake in U Mobile with additional investments in private and public companies totalling $588 million

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The Sultan's investment portfolio stands at $1.1 billion, thanks to substantial cash flow from share and real estate transactions

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He is also the only sultanate allowed to maintain its own private army

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Ibrahim's wife Raja Zarith Sofiah is an Oxford graduate and a prolific writer who has authored several children's books

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