Tony fernandes net worth

Tony F. Fernandes

One of Asia’s most recognisable entrepreneurs, Tony Fernandes is best known for co-founding low-cost carrier AirAsia with Datuk Kamarudin Meranun in 2001 and democratising air travel in the region. Since 2018, Fernandes has been spearheading a digital transformation of his businesses, launching AirAsia’s super app in October 2020, a comprehensive travel and lifestyle platform which offers flights, hotels, e-hailing services, food, and edutech products. He is currently the CEO of Capital A, an investment holding company with a diverse portfolio of synergistic businesses, including aviation, fintech BigPay, and logistics venture Teleport.

Fernandes studied at Epsom College and the London School of Economics and Political Science in the UK, and qualified as an Associate Member of the Association of Chartered Certified Accountants in 1991 and Fellow Member in 1996.

An accountant by training, Fernandes began his career in Richard Branson’s Virgin Group. He then returned to Malaysia as Warner Music Group’s Vice President for Southeast Asia before venturing into the

TONY FERNANDES

Chief Executive Officer, Capital A

One of Asia’s most recognisable entrepreneurs, Tony Fernandes is best known for co-founding low-cost carrier AirAsia with Datuk Kamarudin Meranun and democratising air travel in the region.

Fernandes and Datuk Kamarudin famously bought the ailing airline for a token MYR1 (approximately USD0.25) and MYR40 million in debt, turning it around within two years and growing it from a Malaysian domestic carrier into Asia’s largest low-cost carrier by passengers carried.

Fernandes studied in the UK, and qualified as an Associate Member of the Association of Chartered Certified Accountants in 1991 and Fellow Member in 1996. An accountant by training, Fernandes began his career in Richard Branson’s Virgin Group before returning to Malaysia as Warner Music Group’s Vice President for Southeast Asia before venturing into the airline business.

Fernandes has received numerous honours and awards over the course of his career. These include the Honour of the Commander of the Order of the British Empire, conferred by Her Majesty Queen Elizabet

Tony Fernandes Keynote Speaker

Tony Fernandes is a keynote speaker and the CEO of AirAsia, a company he bought from the Malaysian government for the equivalent of 20p. The company came with over £10m worth of debt, and Tony made his move just days after 11th September 2001, arguably the worst day in the history of commercial aviation.  Tony Fernandes inspires audiences with his personal story as a motivational speaker.

Creating opportunity from serious catastrophe, Tony capitalised on the crisis when aircraft leasing costs were down and layoffs meant that qualified staff were readily available. Within a year, the company had cleared its debts and broken even. He has since founded the Tune Group of companies.

Before AirAsia, Tony worked as the Financial Controller at Virgin Communications London from 1987-89 and Senior Financial Analyst at Warner Music International London from 1989 to 1992. He was then appointed as the Managing Director at Warner Music Malaysia in 1992 and Regional Managing Director, Asean in 1999 and Vice President, Asean at Warner Music South East Asia.

T

Copyright ©axisthaw.pages.dev 2025