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{{short description|Malaysian entrepreneur}}
{{Short description|Malaysian entrepreneur (born 1964)}}
{{Cleanup bare URLs|date=August 2022}}
{{similar names|Tony Fernandez (disambiguation)}}
{{EngvarB|date=December 2014}}
{{EngvarB|date=December 2014}}
{{Use dmy dates|date=March 2021}}
{{Use dmy dates|date=March 2021}}
{{similar names|Tony Fernandez (disambiguation)}}
{{Infobox person
{{Infobox person
| honorific_prefix = [[Malay titles|Yang Berbahagia]] [[Malay titles#Tan Sri|Tan Sri]] [[Malay titles#Dato' Sri|Dato' Sri]]
| honorific_prefix = [[Malay titles|Yang Berbahagia]] [[Malay titles#Tan Sri|Tan Sri]] [[Malay titles#Dato' Sri|Dato' Sri]]
| honorific_suffix = {{small|[[Order of Loyalty to the Crown of Malaysia#Commander|PSM]] [[Orders, decorations, and medals of Pahang|SSAP]] [[Orders, decorations, and medals of Perak|SPMP]] [[Orders, decorations, and medals of Negeri Sembilan|DPTJ]] [[Order of the British Empire|CBE]]}}
| honorific_suffix = [[Order of Loyalty to the Crown of Malaysia#Commander|PSM]] [[Order of Sultan Ahmad Shah of Pahang|SSAP]] [[Order of the Perak State Crown|SPMP]] [[Orders, decorations, and medals of Negeri Sembilan|DPTJ]] [[Order of the British Empire|CBE]]
| image = Tony Fernandes 2011.jpg
| image = Tony Fernandes 2011.jpg
| image_size = 250px
| name = Tony Fernandes
| name =
| caption = Fernandes at the British Grand Prix in July 2011
| caption = Fernandes at the British Grand Prix in July 2011
| birth_name = Anthony Francis Fernandes
| birth_date = {{Birth date and age|1964|4|30|df=yes}}
| birth_name = Anthony Francis Fernandes
| birth_place = [[Kuala Lumpur]], Malaysia
| birth_date = {{Birth date and age|1964|4|30|df=yes}}
| title = {{bulleted list|[[Executive Director]] & [[Chief executive officer|CEO]] of [[AirAsia]]| Founder of [[Tune Group]]|[[Chairman]] of [[Petaling Jaya Rangers F.C.]]
| birth_place = [[Kuala Lumpur]], [[Malaysia]]
| occupation = [[Group Chief Executive Officer]] of [[AirAsia]] Berhad <br />Founder of [[Tune Group]] <br />[[Chairman]] of [[Petaling Jaya Rangers F.C.|Petaling Jaya Rangers]]
| alma_mater = [[London School of Economics]]
| education = [[Epsom College]] and Alice Smith School
| spouse = {{plainlist|
* Deborah Lee Bergstrom (separated)
* {{marriage|Chloe Kim|2017}})
}}
}}
| children = 3
| occupation = Entrepreneur
| years_active = 1987–present
| education = [[London School of Economics]] ([[Bachelor of Accountancy|BAcc]])
| spouse = {{plainlist|
* {{marriage|Deborah Lee Bergstrom|1 June 1994|2004|end=separated}}
* {{marriage|Chloe Kim|2017}}
}}
| children = 3
}}
}}


'''Anthony Francis Fernandes''' {{post-nominals|country=||post-noms=[[Order of Loyalty to the Crown of Malaysia#Commander|PSM]], [[Order of the British Empire|CBE]]}} (born 30 April 1964) is a [[Malaysians|Malaysian]] [[Entrepreneurship|entrepreneur]]. He is the founder of Tune Air [[Sendirian Berhad|Sdn. Bhd.]], which took over the first Malaysian [[Low-cost carrier|budget airline]], [[AirAsia]].<ref name="Profile">{{cite web |url=https://www.londonspeakerbureauasia.com/speakers/tony-fernandes|title=Tony Fernandes - Profile|author=|publisher=London Speaker Bureau Asia|date=|access-date=4 October 2021}}</ref> Fernandes turned AirAsia, a failing government-linked commercial airline, into a highly successful budget airline [[public company|public-listed company]]. He has since founded the [[Tune Group]] of companies. He is the owner of [[Caterham Group]], the parent company of British car manufacturer [[Caterham Cars]]. Until July 2023, he was the majority shareholder of [[Queens Park Rangers]] Football Club.
'''Tan Sri Anthony Francis Fernandes''' {{post-nominals|country=||post-noms=[[Order of Loyalty to the Crown of Malaysia#Commander|PSM]], [[Order of the British Empire|CBE]]}} (born 30 April 1964) is a Malaysian [[Entrepreneurship|entrepreneur]]. He is the founder of Tune Air [[Sendirian Berhad|Sdn. Bhd.]], which took over the first Malaysian [[Low-cost carrier|budget airline]], [[AirAsia]].<ref name="Profile">{{cite web |url=https://www.londonspeakerbureauasia.com/speakers/tony-fernandes|title=Tony Fernandes - Profile|author=|publisher=London Speaker Bureau Asia|date=|access-date=4 October 2021}}</ref> Fernandes turned AirAsia, a failing government-linked commercial airline, into a highly successful budget airline [[public company|public-listed company]]. He has since founded the [[Tune Group]] of companies. He is the owner of [[Caterham Group]], the parent company of British car manufacturer [[Caterham Cars]]. Until July 2023, he was the majority shareholder of [[Queens Park Rangers F.C.]].


==Early life and education==
==Early life and education==
Fernandes was born in [[Kuala Lumpur]] on 30 April 1964 to a [[Goan people|Goan]] father<ref name=":0">{{cite news|url=http://www.thenutgraph.com/we-were-malaysians-first/|title=We were Malaysians first|last=Ding Jo-Ann|date=19 November 2009|work=The Nut Graph|access-date=2 May 2017|quote=My father was an Indian citizen, a doctor. He was from Goa... [...] My mother was a Malaysian from Malacca — Ena Fernandez. They both had the same surname — one with “z”, one with “s”.}}</ref> and a mother of mixed Indian ([[Malayali]]<ref>{{cite news|url=http://www.business-standard.com/article/opinion/tea-with-bs-tony-fernandes-110051800033_1.html|title=Tea with Tony Fernandes|last=Kanika Datta|date=18 May 2010|work=Business Standard|access-date=2 May 2017|quote='My mother was a Fernandez as well, with a ‘z’, and her ancestors were Malyalee', he says.}}</ref>) and Asian-[[Portuguese people|Portuguese]] ([[Kristang people|Kristang]]) descent who had been raised in [[Malacca]], [[Malaysia]].<ref name=":0" /><ref name=":1">{{cite news| author =Brian Mertens| title =Flying On A Budget| quote = At the age of six, he began his career playing the piano for guests at the sales parties hosted by his mother. Raised in Malacca of mixed Portuguese-Asian descent, his mother was an entrepreneurial-minded music teacher who launched the Tupperware direct-marketing business in Malaysia.| newspaper =[[Forbes]]| date =3 December 2010| url =https://www.forbes.com/global/2010/1220/features-airasia-tony-fernandes-flying-on-budget.html| access-date =28 December 2014}}</ref> At a young age, he would follow his mother who sold [[Tupperware]] at [[Tupperware#Tupperware parties|Tupperware parties]].<ref name=":1" />
Fernandes was born in [[Kuala Lumpur]] on 30 April 1964 to an [[Indian people|Indian]] father (originally from [[Goans|Goa]])<ref name=":0">{{cite news|url=http://www.thenutgraph.com/we-were-malaysians-first/|title=We were Malaysians first|last=Ding Jo-Ann|first=|date=19 November 2009|work=The Nut Graph|access-date=2 May 2017|quote=My father was an Indian citizen, a doctor. He was from Goa... [...] My mother was a Malaysian from Malacca — Ena Fernandez. They both had the same surname — one with “z”, one with “s”.}}</ref> and a mother of mixed Indian ([[Malayalis]])<ref>{{cite news|url=http://www.business-standard.com/article/opinion/tea-with-bs-tony-fernandes-110051800033_1.html|title=Tea with Tony Fernandes|last=Kanika Datta|first=|date=18 May 2010|work=Business Standard|access-date=2 May 2017|quote='My mother was a Fernandez as well, with a ‘z’, and her ancestors were Malyalee', he says.}}</ref> and Asian-[[Portuguese people|Portuguese]] ([[Kristang people|Kristang]]) descent who had been raised in [[Malacca]], [[Malaysia]].<ref name=":0" /><ref name=":1">{{cite news| author =Brian Mertens| title =Flying On A Budget| quote = At the age of six, he began his career playing the piano for guests at the sales parties hosted by his mother. Raised in Malacca of mixed Portuguese-Asian descent, his mother was an entrepreneurial-minded music teacher who launched the Tupperware direct-marketing business in Malaysia.| newspaper =[[Forbes]]| date =3 December 2010| url =https://www.forbes.com/global/2010/1220/features-airasia-tony-fernandes-flying-on-budget.html| access-date =28 December 2014}}</ref> At a young age, he would follow his mother who sold [[Tupperware]] at [[Tupperware#Tupperware parties|Tupperware parties]].<ref name=":1" />


He was educated at The Alice Smith School in Kuala Lumpur. Starting at age 12, from 1976 to 1983, he studied at [[Epsom College]] boarding school in England.<ref>{{cite news| author =Brian Mertens| title =Flying On A Budget| quote = Funded by his mother’s Tupperware sales, Fernandes flew to England at the age of 12 for boarding school at Surrey’s Epsom College, where he spent more time on sports than study.| newspaper =[[Forbes]]| date =3 December 2010| url =https://www.forbes.com/global/2010/1220/features-airasia-tony-fernandes-flying-on-budget.html| access-date =28 December 2014}}</ref> He matriculated to the [[London School of Economics]] and graduated with a degree in [[accounting]].<ref>{{cite news|url=https://www.economist.com/node/13325379|title=Cheap, but not nasty|date=19 March 2009|department=Business|newspaper=[[The Economist]]|access-date=28 December 2014}}</ref>
Fernandes was educated at The Alice Smith School in Kuala Lumpur. Starting at age 12, from 1976 to 1983, he studied at [[Epsom College]] boarding school in England.<ref>{{cite news| author =Brian Mertens| title =Flying On A Budget| quote = Funded by his mother’s Tupperware sales, Fernandes flew to England at the age of 12 for boarding school at Surrey’s Epsom College, where he spent more time on sports than study.| newspaper =[[Forbes]]| date =3 December 2010| url =https://www.forbes.com/global/2010/1220/features-airasia-tony-fernandes-flying-on-budget.html| access-date =28 December 2014}}</ref> He matriculated to the [[London School of Economics]] and graduated with a degree in [[accounting]].<ref>{{cite news|url=https://www.economist.com/node/13325379|title=Cheap, but not nasty|date=19 March 2009|department=Business|newspaper=[[The Economist]]|access-date=28 December 2014}}</ref>


==Career==
==Career==
He worked very briefly with [[Virgin Atlantic]] as an [[auditor]],<ref>{{cite web |url=https://www.asiaone.com/business/tony-fernandes-shares-3-life-lessons-got-him-title-disruptor-decade|title= Tony Fernandes shares 3 life lessons that got him the title "Disruptor Of The Decade"|author=Iylia Aziz|publisher=AsiaOne Online|date=26 May 2017|access-date=4 October 2021}}</ref> subsequently becoming the [[Accountancy|financial controller]] for [[Richard Branson]]'s Virgin Communications in London from 1987 to 1989 before he joined [[Warner Music]] International London as Senior Financial Analyst.<ref name=AirAsiaAR2006>AirAsia 2006 Corporate Annual Report Page 34</ref>
Fernandes worked very briefly with [[Virgin Atlantic]] as an [[auditor]],<ref>{{cite web |url=https://www.asiaone.com/business/tony-fernandes-shares-3-life-lessons-got-him-title-disruptor-decade|title= Tony Fernandes shares 3 life lessons that got him the title "Disruptor Of The Decade"|author=Iylia Aziz|publisher=AsiaOne Online|date=26 May 2017|access-date=4 October 2021}}</ref> subsequently becoming the [[Accountancy|financial controller]] for [[Richard Branson]]'s Virgin Communications in London from 1987 to 1989 before he joined [[Warner Music]] International London as Senior Financial Analyst.<ref name=AirAsiaAR2006>AirAsia 2006 Corporate Annual Report Page 34</ref>


Fernandes was admitted as an associate member of the [[Association of Chartered Certified Accountants]] (ACCA) in 1991 and became Fellow in 1996. He is currently a member of the [[Institute of Chartered Accountants in England and Wales]] (ICAEW).
Fernandes was admitted as an associate member of the [[Association of Chartered Certified Accountants]] (ACCA) in 1991 and became Fellow in 1996. He is currently a member of the [[Institute of Chartered Accountants in England and Wales]] (ICAEW).
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===AirAsia===
===AirAsia===
It was through Datuk Pahamin A. Rajab, the former secretary-general of the Malaysian Domestic Trade and Consumer Affairs Ministry that Fernandes came to meet with then Prime Minister, [[Mahathir Mohamad|Tun Dr. Mahathir Mohamad]] in October 2001. Instead of starting from scratch, Mahathir advised Fernandes to buy an existing airline.<ref name="bt-3dec">{{cite news|title=Battle-hardened Fernandes|url=https://my.news.yahoo.com/battle-hardened-fernandes-170618306.html|access-date=29 December 2014|work=Business Times (Malaysia)|publisher=Yahoo! News|date=3 December 2014|archive-date=29 December 2014|archive-url=https://web.archive.org/web/20141229155843/https://my.news.yahoo.com/battle-hardened-fernandes-170618306.html|url-status=dead}}</ref> AirAsia, the heavily indebted [[subsidiary]] of the Malaysian government-owned [[conglomerate (company)|conglomerate]], [[DRB-HICOM|DRB-Hicom]], was then losing money. Fernandes mortgaged his home and used his personal savings to acquire the company, comprising two [[Boeing 737 Classic|Boeing 737-300]] [[jet aircraft]] and debts of US$11 million (RM40 million), for one [[ringgit]] (about 26 US cents).<ref name="businessweek">{{cite news|title=Tony Fernandes|url=http://www.businessweek.com/stories/2004-07-11/tony-fernandes|archive-url=https://web.archive.org/web/20120901170259/http://www.businessweek.com/stories/2004-07-11/tony-fernandes|url-status=dead|archive-date=1 September 2012|access-date=29 December 2014|work=Bloomberg Businessweek|date=11 July 2004}}</ref> One year after his takeover, AirAsia had broken even and cleared all its debts.<ref name="bt-3dec" /> Its [[initial public offering]] (IPO) in November 2004 was oversubscribed by 130 per cent.<ref name="bt-3dec" />
It was through the late Datuk Pahamin A. Rajab, the former secretary-general of the Malaysian Domestic Trade and Consumer Affairs Ministry that Fernandes came to meet with then Prime Minister, [[Mahathir Mohamad|Tun Dr. Mahathir Mohamad]] in October 2001. Instead of starting from scratch, Mahathir advised Fernandes to buy an existing airline.<ref name="bt-3dec">{{cite news|title=Battle-hardened Fernandes|url=https://my.news.yahoo.com/battle-hardened-fernandes-170618306.html|access-date=29 December 2014|work=Business Times (Malaysia)|publisher=Yahoo! News|date=3 December 2014|archive-date=29 December 2014|archive-url=https://web.archive.org/web/20141229155843/https://my.news.yahoo.com/battle-hardened-fernandes-170618306.html|url-status=dead}}</ref> AirAsia, the heavily indebted [[subsidiary]] of the Malaysian government-owned [[conglomerate (company)|conglomerate]], [[DRB-HICOM|DRB-Hicom]], was then losing money. Fernandes mortgaged his home and used his personal savings to acquire the company, comprising two [[Boeing 737 Classic|Boeing 737-300]] [[jet aircraft]] and debts of US$11 million (RM40 million), for one [[ringgit]] (about 26 US cents).<ref name="businessweek">{{cite news|title=Tony Fernandes|url=http://www.businessweek.com/stories/2004-07-11/tony-fernandes|archive-url=https://web.archive.org/web/20120901170259/http://www.businessweek.com/stories/2004-07-11/tony-fernandes|url-status=dead|archive-date=1 September 2012|access-date=29 December 2014|work=Bloomberg Businessweek|date=11 July 2004}}</ref> One year after his takeover, AirAsia had broken even and cleared all its debts.<ref name="bt-3dec" /> Its [[initial public offering]] (IPO) in November 2004 was oversubscribed by 130 per cent.<ref name="bt-3dec" />


Fernandes attributes the success of AirAsia partly to timing. After the [[September 11 attacks|11 September 2001 attacks]] at [[New York City]] and [[Washington, D.C.]], aircraft [[leasing|leasing costs]] fell 40%. Also, airline [[lay-off]]s meant experienced staff were readily available. He believed Malaysian travellers would embrace a cut-rate air service that would save them time and money, especially in a tight economy. Fernandes estimates about 50 per cent of the travellers on Asia's budget airlines are first-time flyers.{{citation needed|date=December 2014}} Before the advent of [[AirAsia]], he estimated that only six per cent of Malaysians had ever travelled by air.<ref>{{cite news|last1=Stevens|first1=Andrew|title=Interview with Tony Fernandes|url=http://edition.cnn.com/2007/WORLD/asiapcf/09/20/talkasia.fernandes/index.html?iref=newssearch|access-date=29 December 2014|date=24 October 2007}}</ref>
Fernandes attributes the success of AirAsia partly to timing. After the [[September 11 attacks|11 September 2001 attacks]] at [[New York City]] and [[Washington, D.C.]], aircraft [[leasing|leasing costs]] fell 40%. Also, airline [[lay-off]]s meant experienced staff were readily available. He believed Malaysian travellers would embrace a cut-rate air service that would save them time and money, especially in a tight economy. Fernandes estimates about 50 per cent of the travellers on Asia's budget airlines are first-time flyers.{{citation needed|date=December 2014}} Before the advent of [[AirAsia]], he estimated that only six per cent of Malaysians had ever travelled by air.<ref>{{cite news|last1=Stevens|first1=Andrew|title=Interview with Tony Fernandes|url=http://edition.cnn.com/2007/WORLD/asiapcf/09/20/talkasia.fernandes/index.html?iref=newssearch|access-date=29 December 2014|date=24 October 2007}}</ref>


He was also instrumental in lobbying the then-[[Prime Minister of Malaysia|Malaysian Prime Minister]], [[Mahathir Mohamad|Tun Dr. Mahathir Mohamad]] in mid-2003, to propose the idea of [[open skies agreements]] with neighbouring [[Thailand]], [[Indonesia]], and [[Singapore]].<ref>{{cite news |url=https://www.thestar.com.my/business/business-news/2007/05/28/open-skies-the-way-to-goy|title=Open skies the way to go|author=Wong Chay Nee|work=[[The Star (Malaysia)|The Star]]|date=28 May 2007|access-date=4 October 2021}}</ref> As a result, these nations granted landing rights to AirAsia and other [[Low-cost carrier|discount carrier]]s.<ref name="businessweek" />
He was also instrumental in lobbying the then-[[Prime Minister of Malaysia|Malaysian Prime Minister]] [[Mahathir Mohamad|Dr. Mahathir Mohamad]] in mid-2003, to propose the idea of [[open skies agreements]] with neighbouring [[Thailand]], [[Indonesia]], and [[Singapore]].<ref>{{cite news |url=https://www.thestar.com.my/business/business-news/2007/05/28/open-skies-the-way-to-goy|title=Open skies the way to go|author=Wong Chay Nee|work=[[The Star (Malaysia)|The Star]]|date=28 May 2007|access-date=4 October 2021}}</ref> As a result, these nations granted landing rights to AirAsia and other [[Low-cost carrier|discount carrier]]s.<ref name="businessweek" />


In Thailand and Indonesia, AirAsia holds a minority stake in the respective local companies. [[Thai AirAsia]], a joint venture with Shin Corporation, Thailand's largest telecommunication conglomerate, took to the skies in Feb 2004 and has to date carried over 1 million passengers in its first year of operations. PT Awair, re-launched as a low fare airline on 8 December 2004 and subsequently renamed [[Indonesia AirAsia]], presently serves 5 domestic destinations in Indonesia.<ref>{{Cite web |title=The History of Indonesia AirAsia |url=https://utiket.com/en/news/ |access-date=2023-05-16 |website=Utiket.com |language=en}}</ref>
In Thailand and Indonesia, AirAsia holds a minority stake in the respective local companies. [[Thai AirAsia]], a joint venture with [[Shin Corporation]], Thailand's largest telecommunication conglomerate, took to the skies in Feb 2004 and has to-date carried over 1 million passengers in its first year of operations. PT Awair, re-launched as a low-fare airline on 8 December 2004 and subsequently renamed [[Indonesia AirAsia]], presently serves 5 domestic destinations in Indonesia.<ref>{{Cite web |title=The History of Indonesia AirAsia |url=https://utiket.com/en/news/ |access-date=2023-05-16 |website=Utiket.com |language=en}}</ref>


In 2018 Fernandes announced that more low-cost carrier terminals would be developed,<ref>{{cite web|url=http://www.theedgemarkets.com/article/tony-fernandes-now-mahb-understands-airasia|title=Tony Fernandes: Now, MAHB understands AirAsia|date=27 July 2018}}</ref> and confirmed that while AirAsia needed new planes, he had not yet decided on an aircraft manufacturer.<ref>{{cite web|url=https://www.thestar.com.my/business/business-news/2018/08/03/airasia-to-bid-for-clark-airport-contract/|title=AirAsia to bid for Clark Airport contract - Business News - The Star Online|website=www.thestar.com.my}}</ref> Fernandes’ plans to expand include bidding on the operations and maintenance contract for [[Clark International Airport]] in the Philippines.<ref>{{cite news|url=https://www.reuters.com/article/us-airasia-strategy/airasias-fernandes-undecided-on-plane-order-no-plans-to-attend-farnborough-idUSKBN1K71V3|title=AirAsia's Fernandes undecided on plane order, no plans to attend...|first=Liz|last=Lee|newspaper=Reuters|date=17 July 2018}}</ref>
In 2018 Fernandes announced that more low-cost carrier terminals would be developed,<ref>{{cite web|url=http://www.theedgemarkets.com/article/tony-fernandes-now-mahb-understands-airasia|title=Tony Fernandes: Now, MAHB understands AirAsia|date=27 July 2018}}</ref> and confirmed that while AirAsia needed new planes, he had not yet decided on an aircraft manufacturer.<ref>{{cite web|url=https://www.thestar.com.my/business/business-news/2018/08/03/airasia-to-bid-for-clark-airport-contract/|title=AirAsia to bid for Clark Airport contract - Business News - The Star Online|website=www.thestar.com.my}}</ref> Fernandes’ plans to expand include bidding on the operations and maintenance contract for [[Clark International Airport]] in the Philippines.<ref>{{cite news|url=https://www.reuters.com/article/us-airasia-strategy/airasias-fernandes-undecided-on-plane-order-no-plans-to-attend-farnborough-idUSKBN1K71V3|title=AirAsia's Fernandes undecided on plane order, no plans to attend...|first=Liz|last=Lee|newspaper=Reuters|date=17 July 2018}}</ref>


In February 2020, Fernandes stepped aside as CEO of AirAsia as Airbus bribery allegations probed.<ref>[https://www.channelnewsasia.com/news/business/airasia-ceo-tony-fernandes-chairman-step-aside-bribery-probe-12386938 "AirAsia CEO Fernandes and chairman step aside as Airbus bribery allegations probed"]</ref><ref>[https://www.ft.com/content/dfb80fb6-463d-11ea-aeb3-955839e06441 "AirAsia chief Tony Fernandes steps aside amid Airbus probe"]</ref> A month later, Fernandes was reinstated as CEO of AirAsia after the Airbus bribery allegations probe was cleared by Britain's Serious Fraud Office of any wrongdoing.<ref>[https://www.businesstimes.com.sg/transport/airasia-says-review-cleared-airbus-sponsorships-tony-fernandes-reinstated-to-ceo "AirAsia says review cleared Airbus sponsorships; Tony Fernandes reinstated to CEO"]</ref>
In February 2020, Fernandes stepped aside as CEO of AirAsia as Airbus bribery allegations were probed.<ref>[https://www.channelnewsasia.com/news/business/airasia-ceo-tony-fernandes-chairman-step-aside-bribery-probe-12386938 "AirAsia CEO Fernandes and chairman step aside as Airbus bribery allegations probed"]</ref><ref>[https://www.ft.com/content/dfb80fb6-463d-11ea-aeb3-955839e06441 "AirAsia chief Tony Fernandes steps aside amid Airbus probe"]</ref> A month later, Fernandes was reinstated as CEO of AirAsia after the Airbus bribery allegations probe was cleared by Britain's Serious Fraud Office of any wrongdoing.<ref>[https://www.businesstimes.com.sg/transport/airasia-says-review-cleared-airbus-sponsorships-tony-fernandes-reinstated-to-ceo "AirAsia says review cleared Airbus sponsorships; Tony Fernandes reinstated to CEO"]</ref>


===Other ventures===
===Other ventures===
In 2007, Fernandes started a hotel chain, [[Tune Hotels]], based on the [[no frills]] concept. It has properties in Britain, Australia and the Far East.<ref>{{cite web|url=https://www.telegraph.co.uk/travel/picturegalleries/10009598/The-richest-people-in-travel.html?frame=2542670 |title=The Richest People in Travel |publisher=The Telegraph |access-date=12 February 2014}}</ref>
In 2007, Fernandes started a hotel chain, [[Tune Hotels]], based on the [[no frills]] concept. It has properties in Britain, Australia and the Far East.<ref>{{cite web|url=https://www.telegraph.co.uk/travel/picturegalleries/10009598/The-richest-people-in-travel.html?frame=2542670 |title=The Richest People in Travel |publisher=The Telegraph |access-date=12 February 2014}}</ref>


In March 2012, he served on the International Advisory Board of Global March to Jerusalem, which aims to "mobilize the international community in solidarity with Palestinians and to protect Jerusalem."<ref>http://gm2j.com/main/concept-and-objectives/</ref> A joint statement was issued, signed by the various members of the Board, including Fernandes.<ref>http://gm2j.com/main/wp-content/uploads/2012/03/GMJ-IAB-press-release.pdf {{Bare URL PDF|date=March 2022}}</ref>
In March 2012, he served on the International Advisory Board of Global March to Jerusalem, which aims to "mobilize the international community in solidarity with Palestinians and to protect Jerusalem."<ref>{{Cite web |url=http://gm2j.com/main/concept-and-objectives/ |title=Archived copy |access-date=12 May 2013 |archive-date=22 February 2018 |archive-url=https://web.archive.org/web/20180222045114/http://gm2j.com/main/concept-and-objectives/ |url-status=dead }}</ref> A joint statement was issued, signed by the various members of the Board, including Fernandes.<ref>http://gm2j.com/main/wp-content/uploads/2012/03/GMJ-IAB-press-release.pdf {{Webarchive|url=https://web.archive.org/web/20180222045208/http://gm2j.com/main/wp-content/uploads/2012/03/GMJ-IAB-press-release.pdf |date=22 February 2018 }} {{Bare URL PDF|date=March 2022}}</ref>

In 2013, he hosted [[The Apprentice Asia (season 1)|the first season of ''The Apprentice Asia'']], the Asian spin-off of the reality game show [[The Apprentice (U.S. TV series)|''The Apprentice'']], in which a group of aspiring young businesspeople compete for the chance to work with Fernandes.<ref>{{cite news|last1=Wells|first1=Jennifer S.|title=Tony Fernandes Is Trump's Asian Apprentice|url=https://www.forbes.com/sites/forbesasia/2013/02/27/tony-fernandes-is-trumps-asian-apprentice/|access-date=29 December 2014|work=Forbes Asia|issue=4 March 2013|date=27 February 2013}}</ref> However, his role will be replaced by founder, chairman, and CEO of [[ONE Championship]], [[Chatri Sityodtong]] for the [[The Apprentice: ONE Championship Edition|second season]] in 2021.


In 2017, Fernandes launches his first memoir, ''Flying High'', published by [[Penguin Books]].<ref>{{cite news|url=https://www.thestar.com.my/news/nation/2017/10/29/airasia-tony-fernandes-memoirs-flying-high/|title=Flying High - Tony Fernandes' memoirs|publisher=[[The Star Online]]|date=29 October 2017|accessdate=2 December 2017}}</ref>
In 2013, he hosted [[The Apprentice Asia (season 1)|the first season of ''The Apprentice Asia'']], the Asian spin-off of the reality game show [[The Apprentice (U.S. TV series)|''The Apprentice'']], in which a group of aspiring young businesspeople compete for the chance to work with Fernandes.<ref>{{cite news|last1=Wells|first1=Jennifer S.|title=Tony Fernandes Is Trump's Asian Apprentice|url=https://www.forbes.com/sites/forbesasia/2013/02/27/tony-fernandes-is-trumps-asian-apprentice/|access-date=29 December 2014|work=Forbes Asia|issue=4 March 2013|date=27 February 2013}}</ref> However, his role will be replaced by Founder, chairman, and CEO of [[ONE Championship]], [[Chatri Sityodtong]] for the [[The Apprentice: ONE Championship Edition|second season]] in 2021.


In 2018, he was named the head of Malaysia Stadium Corporation (MSC) by the Malaysian Youth and Sports Ministry.<ref>{{Cite news|url=https://www.freemalaysiatoday.com/category/nation/2018/09/26/tony-fernandes-made-head-of-malaysia-stadium-corporation|title=Tony Fernandes made head of Malaysia Stadium Corporation|date=26 September 2018|work=Free Malaysia Today|access-date=26 September 2018|language=en-US}}</ref>
In 2018, he was named the head of Malaysia Stadium Corporation (MSC) by the Malaysian Youth and Sports Ministry.<ref>{{Cite news|url=https://www.freemalaysiatoday.com/category/nation/2018/09/26/tony-fernandes-made-head-of-malaysia-stadium-corporation|title=Tony Fernandes made head of Malaysia Stadium Corporation|date=26 September 2018|work=Free Malaysia Today|access-date=26 September 2018|language=en-US}}</ref>
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Fernandes is the founder of the [[Caterham F1]] [[Formula One]] team, which began racing in {{F1|2010}} as [[Team Lotus (2010–11)|Lotus Racing]] and raced in {{F1|2011}} as [[Team Lotus (2011)|Team Lotus]]. On 2 July 2014, Caterham F1 was sold to a Swiss and Middle Eastern consortium.<ref>{{cite news|url=http://bleacherreport.com/tb/ddABq|title=BBC Sport - F1: Caterham face legal action from more than 40 former staff|author=Andrew Benson|work=BBC Sport}}</ref>
Fernandes is the founder of the [[Caterham F1]] [[Formula One]] team, which began racing in {{F1|2010}} as [[Team Lotus (2010–11)|Lotus Racing]] and raced in {{F1|2011}} as [[Team Lotus (2011)|Team Lotus]]. On 2 July 2014, Caterham F1 was sold to a Swiss and Middle Eastern consortium.<ref>{{cite news|url=http://bleacherreport.com/tb/ddABq|title=BBC Sport - F1: Caterham face legal action from more than 40 former staff|author=Andrew Benson|work=BBC Sport}}</ref>


On 16 December 2009, Fernandes accepted a "challenge" from [[Richard Branson]], a fellow airline boss and the owner of Lotus' fellow F1 newcomers [[Virgin Racing]]. The losing team's boss would work on the winner's airline for a day dressed as a steward.<ref>{{cite web|url=http://en.espnf1.com/lotus/motorsport/story/5174.html |title=Lotus boss accepts Branson's bet &#124; Lotus &#124; Formula 1 news, live F1 &#124; ESPN F1 |publisher=En.espnf1.com |date=16 December 2009 |access-date=29 April 2010}}</ref> Branson lost. Fernandes' team produced a poster depicting Branson in an Air Asia uniform. However, the date of the flight was delayed several times: first because of Branson breaking his leg, then because of the royal wedding, and later because of a fire at the [[Necker Island (British Virgin Islands)|Necker Island]]. On 19 December 2012, Fernandes announced that Branson would honour his bet in May 2013. Branson ultimately honoured the bet on 13 May 2013.<ref>{{cite web|url=http://www.virgin.com/richard-branson/lady-in-red|title=Lady in Red|publisher=Virgin|date=16 December 2009|access-date=25 May 2013|url-status=dead|archive-url=https://web.archive.org/web/20130522101146/http://www.virgin.com/richard-branson/lady-in-red|archive-date=22 May 2013}}</ref>
On 16 December 2009, Fernandes accepted a "challenge" from [[Richard Branson]], a fellow airline boss and the owner of Lotus' fellow F1 newcomers [[Virgin Racing]]. The losing team's boss would work on the winner's airline for a day dressed as a steward.<ref>{{cite web|url=http://en.espnf1.com/lotus/motorsport/story/5174.html |title=Lotus boss accepts Branson's bet &#124; Lotus &#124; Formula 1 news, live F1 &#124; ESPN F1 |publisher=En.espnf1.com |date=16 December 2009 |access-date=29 April 2010}}</ref> Branson lost. Fernandes' team produced a poster depicting Branson in an Air Asia uniform. However, the date of the flight was delayed several times: first because of Branson breaking his leg, then because of the royal wedding, and later because of a fire at the [[Necker Island (British Virgin Islands)|Necker Island]]. On 19 December 2012, Fernandes announced that Branson would honour his bet in May 2013. Branson ultimately honoured the bet on 13 May 2013.<ref>{{cite web|url=http://www.virgin.com/richard-branson/lady-in-red|title=Lady in Red|publisher=Virgin|date=16 December 2009|access-date=25 May 2013|url-status=dead|archive-url=https://web.archive.org/web/20130522101146/http://www.virgin.com/richard-branson/lady-in-red|archive-date=22 May 2013}}</ref>


[[Caterham Racing (GP2 team)|Caterham Racing]], also created by Fernandes, competed in the [[GP2 Series]]. In October 2014, Tony Fernandes sold the team to [[Teddy Yip Jr.]] and he relocated it to [[Silverstone]] to merge with [[Status Grand Prix]].<ref>{{cite news|author=Alan Baldwin|date=17 Oct 2014|url=https://www.reuters.com/article/motor-racing-caterham-idUKL3N0SC5CN20141017|title=Motor racing-Fernandes sells Caterham GP2 team|website=[[Reuters]]}}</ref>
[[Caterham Racing (GP2 team)|Caterham Racing]], also created by Fernandes, competed in the [[GP2 Series]]. In October 2014, Tony Fernandes sold the team to [[Teddy Yip Jr.]] and he relocated it to [[Silverstone]] to merge with [[Status Grand Prix]].<ref>{{cite news|author=Alan Baldwin|date=17 Oct 2014|url=https://www.reuters.com/article/motor-racing-caterham-idUKL3N0SC5CN20141017|title=Motor racing-Fernandes sells Caterham GP2 team|website=[[Reuters]]}}</ref>
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Speaking to the media just one week after Rangers' relegation back to the Championship, Fernandes said he had been exploited since he took over at [[Loftus Road]]. After investing an estimated £50 million into the club, he said: "I don't think I will be exploited any more. I think I allowed myself to be exploited but that's my choice. Agents are trying to get the best contracts and there are no two ways about it, I had to pay premiums. I've seen all of the parts that make football quite - maybe immoral is a strong word - but they would sell their grandmother to do something. It's all part of the football ecosystem."<ref>{{cite news|title=QPR's Tony Fernandes: I have been exploited|url=https://www.bbc.co.uk/sport/0/football/22409888|work=BBC Sport|access-date=31 July 2013|date=4 May 2013}}</ref>
Speaking to the media just one week after Rangers' relegation back to the Championship, Fernandes said he had been exploited since he took over at [[Loftus Road]]. After investing an estimated £50 million into the club, he said: "I don't think I will be exploited any more. I think I allowed myself to be exploited but that's my choice. Agents are trying to get the best contracts and there are no two ways about it, I had to pay premiums. I've seen all of the parts that make football quite - maybe immoral is a strong word - but they would sell their grandmother to do something. It's all part of the football ecosystem."<ref>{{cite news|title=QPR's Tony Fernandes: I have been exploited|url=https://www.bbc.co.uk/sport/0/football/22409888|work=BBC Sport|access-date=31 July 2013|date=4 May 2013}}</ref>


In 2013 Fernandes said in an interview that he would leave the club if he was unable to “fix” their problems.<ref>{{cite news|url=https://www.bbc.com/sport/football/21220778|title=QPR chairman Tony Fernandes willing to leave QPR|work=BBC Sport|date=20 August 2018}}</ref> In a 2017 interview, after a year in the Premier league in 2014-15 and three years relegated to the Championship league from 2015 to 2018, Fernandes admitted having made several mistakes, but also noted that much had been achieved. He restored the former QPR badge and colours and engaged more with the community near Loftus Road.<ref>{{cite web|url=https://www.standard.co.uk/sport/football/tony-fernandes-admits-to-qpr-mistakes-during-turbulent-tenure-but-can-finally-raise-a-smile-a3685296.html|title=Tony Fernandes admits to QPR mistakes since taking over 'angry club'|date=8 November 2017}}</ref> In August 2018, Fernandes said that his tenure was “fast coming to a close”.<ref name="skysports.com">{{cite web|url=http://www.skysports.com/football/news/11711/11469145/tony-fernandes-casts-doubt-over-his-future-as-qpr-look-to-leave-loftus-road|title=Tony Fernandes casts doubt over his future as QPR look to leave Loftus Road}}</ref>" He planned to step down and hand over the position of co-chairman to [[vice chairman]] [[Amit Bhatia]],<ref name="skysports.com"/> a change finalised on 15 August 2018.<ref>{{cite web|url=https://www.qpr.co.uk/news/club-news/amit-bhatia-appointed-new-chairman-of-qpr/|title=Amit Bhatia appointed new chairman of QPR|website=English|date=15 August 2018 }}</ref>
In 2013 Fernandes said in an interview that he would leave the club if he was unable to "fix" their problems.<ref>{{cite news|url=https://www.bbc.com/sport/football/21220778|title=QPR chairman Tony Fernandes willing to leave QPR|work=BBC Sport|date=20 August 2018}}</ref> In a 2017 interview, after a year in the Premier league in 2014-15 and three years relegated to the Championship league from 2015 to 2018, Fernandes admitted having made several mistakes, but also noted that much had been achieved. He restored the former QPR badge and colours and engaged more with the community near Loftus Road.<ref>{{cite web|url=https://www.standard.co.uk/sport/football/tony-fernandes-admits-to-qpr-mistakes-during-turbulent-tenure-but-can-finally-raise-a-smile-a3685296.html|title=Tony Fernandes admits to QPR mistakes since taking over 'angry club'|date=8 November 2017}}</ref> In August 2018, Fernandes said that his tenure was “fast coming to a close”.<ref name="skysports.com">{{cite web|url=http://www.skysports.com/football/news/11711/11469145/tony-fernandes-casts-doubt-over-his-future-as-qpr-look-to-leave-loftus-road|title=Tony Fernandes casts doubt over his future as QPR look to leave Loftus Road}}</ref> He planned to step down and hand over the position of co-chairman to [[vice chairman]] [[Amit Bhatia]],<ref name="skysports.com"/> a change finalised on 15 August 2018.<ref>{{cite web|url=https://www.qpr.co.uk/news/club-news/amit-bhatia-appointed-new-chairman-of-qpr/|title=Amit Bhatia appointed new chairman of QPR|website=English|date=15 August 2018 }}</ref>


On 10 July 2023, it was announced that Fernandes no longer held any shares in QPR's holding company, QPR Holdings Limited, and would no longer have involvement in the club.<ref>{{cite web|url=https://www.qpr.co.uk/news/club-news/qpr-board-statement-100723/|title=QPR Board: Statement|website=English|date=10 July 2023 }}</ref>
On 10 July 2023, it was announced that Fernandes no longer held any shares in QPR's holding company, QPR Holdings Limited, and would no longer have involvement in the club.<ref>{{cite web|url=https://www.qpr.co.uk/news/club-news/qpr-board-statement-100723/|title=QPR Board: Statement|website=English|date=10 July 2023 }}</ref>


==Personal life==
==Personal life==
Fernandes was previously married to Deborah Lee Bergstrom on 1 June 1994 and separated. They had a daughter and a son, Stephanie and Stephen.<ref>{{Cite news|url=http://www.channelnewsasia.com/news/business/airasia-tony-fernandes-wants-to-slow-down-9358960|title=He still dreams of flying high, but AirAsia's Tony Fernandes now wants to 'slow down a bit'|work=Channel NewsAsia|access-date=31 October 2017|language=en-US|archive-date=1 November 2017|archive-url=https://web.archive.org/web/20171101113451/http://www.channelnewsasia.com/news/business/airasia-tony-fernandes-wants-to-slow-down-9358960|url-status=dead}}</ref>
Fernandes was previously married to Deborah Lee Bergstrom on 1 June 1994 and separated in 2004. They had two children, Stephanie and Stephen.<ref>{{Cite news|url=http://www.channelnewsasia.com/news/business/airasia-tony-fernandes-wants-to-slow-down-9358960|title=He still dreams of flying high, but AirAsia's Tony Fernandes now wants to 'slow down a bit'|work=Channel NewsAsia|access-date=31 October 2017|language=en-US|archive-date=1 November 2017|archive-url=https://web.archive.org/web/20171101113451/http://www.channelnewsasia.com/news/business/airasia-tony-fernandes-wants-to-slow-down-9358960|url-status=dead}}</ref>


On 14 October 2017, Fernandes married Chloe Kim, at Hotel Cap Estel, in [[Èze]] on the [[French Riviera]] after having dated her for more than two years.<ref>{{cite web|url=http://www.channelnewsasia.com/news/asiapacific/airasia-s-tony-fernandes-weds-south-korean-girlfriend-in-france-9313022|title=AirAsia's Tony Fernandes weds South Korean girlfriend in France|date=15 October 2017|publisher=ChannelNews Asia|access-date=17 October 2017|archive-date=27 October 2017|archive-url=https://web.archive.org/web/20171027100345/http://www.channelnewsasia.com/news/asiapacific/airasia-s-tony-fernandes-weds-south-korean-girlfriend-in-france-9313022|url-status=dead}}</ref><ref>{{cite web|url=http://m.themalaymailonline.com/malaysia/article/airasia-boss-weds-korean-in-france|title=AirAsia boss weds Korean in France|date=15 October 2017|publisher=The Malay Mail Online}}</ref><ref>{{cite news| url=https://www.prestigeonline.com/my/people-events/people/cover-story-puan-sri-chloe-kim-is-ready-to-establish-herself-as-an-entrepreneur/ | work=Prestige Malaysia | author=Rubin Khoo | title=Puan Sri Chloe Kim is ready to establish herself as an entrepreneur | date=12 November 2019}}</ref> On 3 October 2021, he announced on his LinkedIn that his third child, Aliyah Ena Fernandes and was born on August 14, 2021.<ref>{{cite news |url=https://www.thestar.com.my/news/nation/2021/10/03/tony-fernandes-welcomes-new-baby|title=Tony Fernandes Welcomes New Baby|author=|work=[[The Star (Malaysia)|The Star]]|date=3 October 2021|access-date=4 October 2021}}</ref>
On 14 October 2017, Fernandes married a South Korean actress, Chloe Kim, at Hotel Cap Estel, in [[Èze]] on the [[French Riviera]] after having dated her for more than two years.<ref>{{cite web|url=http://www.channelnewsasia.com/news/asiapacific/airasia-s-tony-fernandes-weds-south-korean-girlfriend-in-france-9313022|title=AirAsia's Tony Fernandes weds South Korean girlfriend in France|date=15 October 2017|publisher=ChannelNews Asia|access-date=17 October 2017|archive-date=27 October 2017|archive-url=https://web.archive.org/web/20171027100345/http://www.channelnewsasia.com/news/asiapacific/airasia-s-tony-fernandes-weds-south-korean-girlfriend-in-france-9313022|url-status=dead}}</ref><ref>{{cite web|url=http://m.themalaymailonline.com/malaysia/article/airasia-boss-weds-korean-in-france|title=AirAsia boss weds Korean in France|date=15 October 2017|publisher=The Malay Mail Online}}</ref><ref>{{cite news| url=https://www.prestigeonline.com/my/people-events/people/cover-story-puan-sri-chloe-kim-is-ready-to-establish-herself-as-an-entrepreneur/ | work=Prestige Malaysia | author=Rubin Khoo | title=Puan Sri Chloe Kim is ready to establish herself as an entrepreneur | date=12 November 2019}}</ref> On 3 October 2021, he announced on his LinkedIn that his third child, Aliyah Ena Fernandes and was born on 14 August 2021.<ref>{{cite news |url=https://www.thestar.com.my/news/nation/2021/10/03/tony-fernandes-welcomes-new-baby|title=Tony Fernandes Welcomes New Baby|author=|work=[[The Star (Malaysia)|The Star]]|date=3 October 2021|access-date=4 October 2021}}</ref>


He is also an [[Overseas Citizen of India]], owing to his partial Indian ancestry.<ref>{{cite news| url=https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/airasia-berhad-ceo-tony-fernandes-applies-for-overseas-citizen-of-india-status/articleshow/51424163.cms | newspaper=[[The Economic Times|Economic Times]] | title=AirAsia Berhad CEO Tony Fernandes applies for overseas citizen of India status | date=17 March 2016}}</ref>
He is also an [[Overseas Citizenship of India]], owing to his partial Indian ancestry.<ref>{{cite news| url=https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/airasia-berhad-ceo-tony-fernandes-applies-for-overseas-citizen-of-india-status/articleshow/51424163.cms | newspaper=[[The Economic Times|Economic Times]] | title=AirAsia Berhad CEO Tony Fernandes applies for overseas citizen of India status | date=17 March 2016}}</ref>


Fernandes revealed in an interview with ''[[Free Malaysia Today]]'' in September 2016 that he does not speak [[Malay language|Malay]],<ref name="No interest">{{cite web|date=11 September 2016|title=No interest in being FAM president, says Tony Fernandes|url=http://www.freemalaysiatoday.com/category/nation/2016/09/11/no-interest-in-being-fam-president-says-tony-fernandes/|access-date=28 January 2018|publisher=[[Free Malaysia Today]]|quote=He gives three reasons why it's a long shot, and says his response to an impromptu question was blown out of proportion.}}</ref> stating that he can understand but can't speak it very well.<ref name=":0"/>
Fernandes revealed in a separate interview with ''The Nut Graph'' in November 2009 and with ''[[Free Malaysia Today]]'' in September 2016 that he does not speak [[Malay language|Malay]], while stating that he can understand the language, but he can't speak it very well.<ref name=":0"/><ref name="No interest">{{cite web|date=11 September 2016|title=No interest in being FAM president, says Tony Fernandes|url=http://www.freemalaysiatoday.com/category/nation/2016/09/11/no-interest-in-being-fam-president-says-tony-fernandes/|access-date=28 January 2018|publisher=[[Free Malaysia Today]]|quote=He gives three reasons why it's a long shot, and says his response to an impromptu question was blown out of proportion.}}</ref>


As of 2020, ''[[Forbes]]'' valued Fernandes' net worth at US$335 [[1000000 (number)|million]], dropping from US$650 million that rank him at number 28 on the ''Forbes'' list of Malaysia's Richest in February 2014 then.<ref>{{cite news| url=https://www.forbes.com/profile/anthony-fernandes/ | work=Forbes | title=#21 Anthony Fernandes | date=March 2020}}</ref> In November 2020, he sold an Ayrshire estate in Scotland for £2.5 million (S$4.45 million), as the [[COVID-19 pandemic]] has taken a toll on airlines worldwide.<ref>{{Cite web|last=hermesauto|date=19 November 2020|title=For sale: AirAsia founder Tony Fernandes' Scottish mansion at $4.45 million|url=https://www.straitstimes.com/asia/se-asia/for-sale-airasia-founders-scottish-mansion-at-s445-million|access-date=20 November 2020|website=The Straits Times|language=en}}</ref>
As of 2020, ''[[Forbes]]'' valued Fernandes' net worth at US$335 [[1000000 (number)|million]], dropping from US$650 million that rank him at number 28 on the ''Forbes'' list of Malaysia's Richest in February 2014 then.<ref>{{cite news| url=https://www.forbes.com/profile/anthony-fernandes/ | work=Forbes | title=#21 Anthony Fernandes | date=March 2020}}</ref> In November 2020, he sold an Ayrshire estate in Scotland for £2.5 million (S$4.45 million), as the [[COVID-19 pandemic]] has taken a toll on airlines worldwide.<ref>{{Cite web|last=hermesauto|date=19 November 2020|title=For sale: AirAsia founder Tony Fernandes' Scottish mansion at $4.45 million|url=https://www.straitstimes.com/asia/se-asia/for-sale-airasia-founders-scottish-mansion-at-s445-million|access-date=20 November 2020|website=The Straits Times|language=en}}</ref>


==Honours and awards==
==Honours and awards==
===Honours of Malaysia===
===Honours of Malaysia===
* {{Flag|Malaysia}} :
* {{Flag|Malaysia}} :
** [[File:Order of Loyalty to the Crown of Malaysia - PSM.svg|50px]] Commander of the [[Order of Loyalty to the Crown of Malaysia#Commander|Order of Loyalty to the Crown of Malaysia]] (PSM) - '''Tan Sri''' (2011)<ref>{{cite web|url=https://www.crash.net/f1/news/169935/1/fernandes-gets-top-malaysian-honour|title=Team Lotus boss honoured in Malaysia|date=6 June 2011|access-date=6 September 2018|work=Robbie Wilkins|publisher=Crash}}</ref>
** [[File:Order of Loyalty to the Crown of Malaysia - PSM.svg|50px]] Commander of the [[Order of Loyalty to the Crown of Malaysia#Commander|Order of Loyalty to the Crown of Malaysia]] (PSM) '''Tan Sri''' (2011)<ref>{{cite web|url=https://www.crash.net/f1/news/169935/1/fernandes-gets-top-malaysian-honour|title=Team Lotus boss honoured in Malaysia|date=6 June 2011|access-date=6 September 2018|work=Robbie Wilkins|publisher=Crash}}</ref>
* {{Flag|Negeri Sembilan}} :
* {{Flag|Negeri Sembilan}} :
** [[File:MY-NEG Grand Order of Tuanku Jaafar - DPTJ.svg|50px]] Knight Commander of the [[Orders, decorations, and medals of Negeri Sembilan|Grand Order of Tuanku Jaafar]] (DPTJ) - '''Dato'''' (2005).<ref name="Borneo Post">{{cite web|url=http://www.theborneopost.com/2011/04/02/fernandes-a-man-of-many-accomplishments/|title=Fernandes: A man of many accomplishments|date=2 April 2011|access-date=6 September 2018|work=Churchill Edward|publisher=Borneo Post}}</ref>
** [[File:MY-NEG Grand Order of Tuanku Jaafar - DPTJ.svg|50px]] Knight Commander of the [[Orders, decorations, and medals of Negeri Sembilan|Grand Order of Tuanku Jaafar]] (DPTJ) '''Dato'''' (2005)<ref name="Borneo Post">{{cite web|url=http://www.theborneopost.com/2011/04/02/fernandes-a-man-of-many-accomplishments/|title=Fernandes: A man of many accomplishments|date=2 April 2011|access-date=6 September 2018|work=Churchill Edward|publisher=Borneo Post}}</ref>
* {{Flag|Pahang}} :
* {{Flag|Pahang}} :
** [[File:MY-PAH Order of Sultan Ahmad Shah of Pahang - Knight Companion - DSAP.svg|50px]] Knight Companion of the [[Orders, decorations, and medals of Pahang|Order of Sultan Ahmad Shah of Pahang]] (DSAP) - '''Dato'''' (2007)<ref>{{cite web|url=https://www.thestar.com.my/news/nation/2007/10/24/two-ministers-made-datuk-seris/|title=Two ministers made Datuk Seris|date=24 October 2007|access-date=6 September 2018|work=Roslina Mohamad|publisher=The Star}}</ref>
** [[File:MY-PAH Order of Sultan Ahmad Shah of Pahang - Knight Companion - DSAP.svg|50px]] Knight Companion of the [[Orders, decorations, and medals of Pahang|Order of Sultan Ahmad Shah of Pahang]] (DSAP) '''Dato'''' (2007)<ref>{{cite web|url=https://www.thestar.com.my/news/nation/2007/10/24/two-ministers-made-datuk-seris/|title=Two ministers made Datuk Seris|date=24 October 2007|access-date=6 September 2018|work=Roslina Mohamad|publisher=The Star}}</ref>
** [[File:MY-PAH Order of Sultan Ahmad Shah of Pahang - Grand Knight - SSAP.svg|50px]] Grand Knight of the [[Orders, decorations, and medals of Pahang|Order of Sultan Ahmad Shah of Pahang]] (SSAP) - '''Dato' Sri''' (2007)<ref name="Borneo Post"/>
** [[File:MY-PAH Order of Sultan Ahmad Shah of Pahang - Grand Knight - SSAP.svg|50px]] Grand Knight of the [[Orders, decorations, and medals of Pahang|Order of Sultan Ahmad Shah of Pahang]] (SSAP) '''Dato' Sri''' (2007)<ref name="Borneo Post"/>
* {{Flag|Perak}} :
* {{Flag|Perak}} :
** [[File:MY-PERA Order of the Perak State Crown - Kn Grd Commander - SPMP.svg|50px]] Knight Grand Commander of the [[Orders, decorations, and medals of Perak|Order of the Perak State Crown]] (SPMP) - '''Dato' Seri''' (2011)<ref>{{cite web|url=http://www.theborneopost.com/2011/04/20/sultan-of-perak-confers-title-on-airasia-ceo/|title=Sultan of Perak confers title on AirAsia CEO|date=20 April 2011|access-date=6 September 2018|publisher=Borneo Post}}</ref>
** [[File:MY-PERA Order of the Perak State Crown - Kn Grd Commander - SPMP.svg|50px]] Knight Grand Commander of the [[Orders, decorations, and medals of Perak|Order of the Perak State Crown]] (SPMP) '''Dato' Seri''' (2011)<ref>{{cite web|url=http://www.theborneopost.com/2011/04/20/sultan-of-perak-confers-title-on-airasia-ceo/|title=Sultan of Perak confers title on AirAsia CEO|date=20 April 2011|access-date=6 September 2018|publisher=Borneo Post}}</ref>


===Foreign honours===
===Foreign honours===
Line 192: Line 194:
[[Category:Commanders of the Order of Loyalty to the Crown of Malaysia]]
[[Category:Commanders of the Order of Loyalty to the Crown of Malaysia]]
[[Category:Winners of the Nikkei Asia Prize]]
[[Category:Winners of the Nikkei Asia Prize]]
[[Category:People with Overseas Citizenship of India]]
[[Category:21st-century Malaysian businesspeople]]
[[Category:21st-century Malaysian businesspeople]]

Revision as of 06:35, 3 August 2024

Tony Fernandes
Fernandes at the British Grand Prix in July 2011
Born
Anthony Francis Fernandes

(1964-04-30) 30 April 1964 (age 60)
Kuala Lumpur, Malaysia
EducationLondon School of Economics (BAcc)
OccupationEntrepreneur
Years active1987–present
Title
Spouses
Deborah Lee Bergstrom
(m. 1994; sep. 2004)
Chloe Kim
(m. 2017)
Children3

Tan Sri Anthony Francis Fernandes PSM, CBE (born 30 April 1964) is a Malaysian entrepreneur. He is the founder of Tune Air Sdn. Bhd., which took over the first Malaysian budget airline, AirAsia.[1] Fernandes turned 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 is the owner of Caterham Group, the parent company of British car manufacturer Caterham Cars. Until July 2023, he was the majority shareholder of Queens Park Rangers F.C..

Early life and education

Fernandes was born in Kuala Lumpur on 30 April 1964 to an Indian father (originally from Goa)[2] and a mother of mixed Indian (Malayalis)[3] and Asian-Portuguese (Kristang) descent who had been raised in Malacca, Malaysia.[2][4] At a young age, he would follow his mother who sold Tupperware at Tupperware parties.[4]

Fernandes was educated at The Alice Smith School in Kuala Lumpur. Starting at age 12, from 1976 to 1983, he studied at Epsom College boarding school in England.[5] He matriculated to the London School of Economics and graduated with a degree in accounting.[6]

Career

Fernandes worked very briefly with Virgin Atlantic as an auditor,[7] subsequently becoming the financial controller for Richard Branson's Virgin Communications in London from 1987 to 1989 before he joined Warner Music International London as Senior Financial Analyst.[8]

Fernandes was admitted as an associate member of the Association of Chartered Certified Accountants (ACCA) in 1991 and became Fellow in 1996. He is currently a member of the Institute of Chartered Accountants in England and Wales (ICAEW).

Fernandes was formerly a Warner Music executive in Malaysia,[9] and Vice President, ASEAN at Warner Music South East Asia from December 1999 to July 2001.[8] When Time Warner (later WarnerMedia; now Warner Bros. Discovery) announced its merger with America Online, Fernandes left the company to pursue his dream of starting a budget no-frills airline.[10][11]

AirAsia

It was through the late Datuk Pahamin A. Rajab, the former secretary-general of the Malaysian Domestic Trade and Consumer Affairs Ministry that Fernandes came to meet with then Prime Minister, Tun Dr. Mahathir Mohamad in October 2001. Instead of starting from scratch, Mahathir advised Fernandes to buy an existing airline.[12] AirAsia, the heavily indebted subsidiary of the Malaysian government-owned conglomerate, DRB-Hicom, was then losing money. Fernandes mortgaged his home and used his personal savings to acquire the company, comprising two Boeing 737-300 jet aircraft and debts of US$11 million (RM40 million), for one ringgit (about 26 US cents).[13] One year after his takeover, AirAsia had broken even and cleared all its debts.[12] Its initial public offering (IPO) in November 2004 was oversubscribed by 130 per cent.[12]

Fernandes attributes the success of AirAsia partly to timing. After the 11 September 2001 attacks at New York City and Washington, D.C., aircraft leasing costs fell 40%. Also, airline lay-offs meant experienced staff were readily available. He believed Malaysian travellers would embrace a cut-rate air service that would save them time and money, especially in a tight economy. Fernandes estimates about 50 per cent of the travellers on Asia's budget airlines are first-time flyers.[citation needed] Before the advent of AirAsia, he estimated that only six per cent of Malaysians had ever travelled by air.[14]

He was also instrumental in lobbying the then-Malaysian Prime Minister Dr. Mahathir Mohamad in mid-2003, to propose the idea of open skies agreements with neighbouring Thailand, Indonesia, and Singapore.[15] As a result, these nations granted landing rights to AirAsia and other discount carriers.[13]

In Thailand and Indonesia, AirAsia holds a minority stake in the respective local companies. Thai AirAsia, a joint venture with Shin Corporation, Thailand's largest telecommunication conglomerate, took to the skies in Feb 2004 and has to-date carried over 1 million passengers in its first year of operations. PT Awair, re-launched as a low-fare airline on 8 December 2004 and subsequently renamed Indonesia AirAsia, presently serves 5 domestic destinations in Indonesia.[16]

In 2018 Fernandes announced that more low-cost carrier terminals would be developed,[17] and confirmed that while AirAsia needed new planes, he had not yet decided on an aircraft manufacturer.[18] Fernandes’ plans to expand include bidding on the operations and maintenance contract for Clark International Airport in the Philippines.[19]

In February 2020, Fernandes stepped aside as CEO of AirAsia as Airbus bribery allegations were probed.[20][21] A month later, Fernandes was reinstated as CEO of AirAsia after the Airbus bribery allegations probe was cleared by Britain's Serious Fraud Office of any wrongdoing.[22]

Other ventures

In 2007, Fernandes started a hotel chain, Tune Hotels, based on the no frills concept. It has properties in Britain, Australia and the Far East.[23]

In March 2012, he served on the International Advisory Board of Global March to Jerusalem, which aims to "mobilize the international community in solidarity with Palestinians and to protect Jerusalem."[24] A joint statement was issued, signed by the various members of the Board, including Fernandes.[25]

In 2013, he hosted the first season of The Apprentice Asia, the Asian spin-off of the reality game show The Apprentice, in which a group of aspiring young businesspeople compete for the chance to work with Fernandes.[26] However, his role will be replaced by founder, chairman, and CEO of ONE Championship, Chatri Sityodtong for the second season in 2021.

In 2017, Fernandes launches his first memoir, Flying High, published by Penguin Books.[27]

In 2018, he was named the head of Malaysia Stadium Corporation (MSC) by the Malaysian Youth and Sports Ministry.[28]

In 2020, he ventured to food delivery as COVID-19 has hit hard on Air Asia.[29]

Caterham Group

Fernandes is the founder of the Caterham F1 Formula One team, which began racing in 2010 as Lotus Racing and raced in 2011 as Team Lotus. On 2 July 2014, Caterham F1 was sold to a Swiss and Middle Eastern consortium.[30]

On 16 December 2009, Fernandes accepted a "challenge" from Richard Branson, a fellow airline boss and the owner of Lotus' fellow F1 newcomers Virgin Racing. The losing team's boss would work on the winner's airline for a day dressed as a steward.[31] Branson lost. Fernandes' team produced a poster depicting Branson in an Air Asia uniform. However, the date of the flight was delayed several times: first because of Branson breaking his leg, then because of the royal wedding, and later because of a fire at the Necker Island. On 19 December 2012, Fernandes announced that Branson would honour his bet in May 2013. Branson ultimately honoured the bet on 13 May 2013.[32]

Caterham Racing, also created by Fernandes, competed in the GP2 Series. In October 2014, Tony Fernandes sold the team to Teddy Yip Jr. and he relocated it to Silverstone to merge with Status Grand Prix.[33]

On 27 April 2011, Fernandes announced that his company had purchased Caterham Cars.

Football

Tony Fernandes watching QPR v Newcastle alongside Les Ferdinand at Loftus Road, May 2015

Fernandes is a fan of English club West Ham United and was involved in talks regarding a potential takeover of the club in May 2011, at which stage it looked as if he was going to acquire a 51 per cent stake in the club. Former West Ham chairman Andrew Bernhardt even flew to Kuala Lumpur to try and finalise the deal, but the two parties failed to agree on the price.[34] It was just one month later when Fernandes made another offer to buy 51 per cent of the club, although co-owners David Sullivan and David Gold rejected his bid. Sullivan told the Evening Standard: "He wanted 51% of the club for two bob." Sullivan's comments started a war of words on Twitter. "It was a good offer with good money and brought in good people," said Fernandes. "Gold and Sullivan can say whatever they want. I have been a lifelong fan and would have brought good money, good ideas, new people and a new belief. As for PR stunts. Wow. They are always in the press making huge claims. Were we not supposed to be in Europe. Now we have been relegated. Two sacked managers. All good players will be sold. No new training ground which is the most important ingredient I feel. Look at how many injuries we have. And more investment into the academy."[35]

On 18 August 2011, just three months after Queens Park Rangers' promotion back to the Premier League following a 15-year absence, Fernandes was unveiled as their majority shareholder, having bought Bernie Ecclestone's 66% stake. He was also named as chairman of QPR Holdings Ltd.[36]

Everyone knows I've followed West Ham all my life but I've always had a soft spot for QPR. Rangers were one of the first teams I watched as a child at Loftus Road. I've always wanted to be involved in football and the appeal of a London club, like QPR, was too good an opportunity to turn down.

Tony Fernandes, August 2011[36]

While Neil Warnock remained as the club's manager for their return to the top-flight, a run of eight Premier League games without a win eventually led to his sacking.[37] Mark Hughes was quickly named as his replacement, signing a two-and-a-half-year deal in the process.[38] Despite their new manager, QPR's poor run of form continued, which left them fighting for Premier League survival on the final day of the 2011–2012 season. Relegation rivals Bolton Wanderers needed a win to have any chance of survival, but could only muster a draw with Stoke City,[39] meaning QPR were safe, despite losing 3–2 to Manchester City after Sergio Agüero's injury-time winner – a goal which stole the Premier League title from arch-rivals Manchester United on goal difference.[40]

Tony Fernandes' seat at Loftus Road

Mark Hughes led the club into the 2012–2013 season, but after just four points from 12 games and without a single win – one of the worst starts in Premier League history – Fernandes dismissed Hughes.[41][42] Fernandes hired former Tottenham Hotspur manager Harry Redknapp on 24 November 2012,[43][44] but he was also unable to solve QPR's problems. Following a goalless draw with relegation rivals Reading on 28 April 2013, both teams were relegated to the Championship.[45]

Speaking to the media just one week after Rangers' relegation back to the Championship, Fernandes said he had been exploited since he took over at Loftus Road. After investing an estimated £50 million into the club, he said: "I don't think I will be exploited any more. I think I allowed myself to be exploited but that's my choice. Agents are trying to get the best contracts and there are no two ways about it, I had to pay premiums. I've seen all of the parts that make football quite - maybe immoral is a strong word - but they would sell their grandmother to do something. It's all part of the football ecosystem."[46]

In 2013 Fernandes said in an interview that he would leave the club if he was unable to "fix" their problems.[47] In a 2017 interview, after a year in the Premier league in 2014-15 and three years relegated to the Championship league from 2015 to 2018, Fernandes admitted having made several mistakes, but also noted that much had been achieved. He restored the former QPR badge and colours and engaged more with the community near Loftus Road.[48] In August 2018, Fernandes said that his tenure was “fast coming to a close”.[49] He planned to step down and hand over the position of co-chairman to vice chairman Amit Bhatia,[49] a change finalised on 15 August 2018.[50]

On 10 July 2023, it was announced that Fernandes no longer held any shares in QPR's holding company, QPR Holdings Limited, and would no longer have involvement in the club.[51]

Personal life

Fernandes was previously married to Deborah Lee Bergstrom on 1 June 1994 and separated in 2004. They had two children, Stephanie and Stephen.[52]

On 14 October 2017, Fernandes married a South Korean actress, Chloe Kim, at Hotel Cap Estel, in Èze on the French Riviera after having dated her for more than two years.[53][54][55] On 3 October 2021, he announced on his LinkedIn that his third child, Aliyah Ena Fernandes and was born on 14 August 2021.[56]

He is also an Overseas Citizenship of India, owing to his partial Indian ancestry.[57]

Fernandes revealed in a separate interview with The Nut Graph in November 2009 and with Free Malaysia Today in September 2016 that he does not speak Malay, while stating that he can understand the language, but he can't speak it very well.[2][58]

As of 2020, Forbes valued Fernandes' net worth at US$335 million, dropping from US$650 million that rank him at number 28 on the Forbes list of Malaysia's Richest in February 2014 then.[59] In November 2020, he sold an Ayrshire estate in Scotland for £2.5 million (S$4.45 million), as the COVID-19 pandemic has taken a toll on airlines worldwide.[60]

Honours and awards

Honours of Malaysia

Foreign honours

Honorary degrees

Awards

Fernandes has received several awards for his achievements:

  • International Herald Tribune Award for the "Visionaries & Leadership Series", for his outstanding work in AirAsia
  • "Malaysian CEO of the Year 2003" in December 2003; so far awarded to only nine other recipients in the country, by American Express and Business Times. The award was an initiative to recognise entrepreneurial and managerial expertise and performance among leaders of Malaysian corporations.
  • Named the joint winner of the CEO of the Year 2003 award by American Express Corporate Services and Business Times
  • "Emerging Entrepreneur of the Year" in the Ernst & Young "Entrepreneur Of The Year Awards" in 2003
  • Made the list of Business Week's "25 Stars of Asia" in 2005
  • Malaysian Ernst & Young "Entrepreneur of the Year 2006"
  • "Excellence In Leadership - Asia Pacific Leadership Awards 2009"
  • 2010 Forbes Asia businessman of the year[75]
  • 2011 No. 52 in FastCompany's Top 100 Most Creative People in Business[76]
  • "Brand Builder of the Year" 2014 at the World Branding Awards, for his work in building the AirAsia brand[77]

References

  1. ^ "Tony Fernandes - Profile". London Speaker Bureau Asia. Retrieved 4 October 2021.
  2. ^ a b c Ding Jo-Ann (19 November 2009). "We were Malaysians first". The Nut Graph. Retrieved 2 May 2017. My father was an Indian citizen, a doctor. He was from Goa... [...] My mother was a Malaysian from Malacca — Ena Fernandez. They both had the same surname — one with "z", one with "s".
  3. ^ Kanika Datta (18 May 2010). "Tea with Tony Fernandes". Business Standard. Retrieved 2 May 2017. 'My mother was a Fernandez as well, with a 'z', and her ancestors were Malyalee', he says.
  4. ^ a b Brian Mertens (3 December 2010). "Flying On A Budget". Forbes. Retrieved 28 December 2014. At the age of six, he began his career playing the piano for guests at the sales parties hosted by his mother. Raised in Malacca of mixed Portuguese-Asian descent, his mother was an entrepreneurial-minded music teacher who launched the Tupperware direct-marketing business in Malaysia.
  5. ^ Brian Mertens (3 December 2010). "Flying On A Budget". Forbes. Retrieved 28 December 2014. Funded by his mother's Tupperware sales, Fernandes flew to England at the age of 12 for boarding school at Surrey's Epsom College, where he spent more time on sports than study.
  6. ^ "Cheap, but not nasty". Business. The Economist. 19 March 2009. Retrieved 28 December 2014.
  7. ^ Iylia Aziz (26 May 2017). "Tony Fernandes shares 3 life lessons that got him the title "Disruptor Of The Decade"". AsiaOne Online. Retrieved 4 October 2021.
  8. ^ a b AirAsia 2006 Corporate Annual Report Page 34
  9. ^ Elahe Izadi (28 December 2014). "The man behind AirAsia: Flamboyant chief executive Tony Fernandes". The Washington Post. Retrieved 28 December 2014.
  10. ^ Sharanjit Leyl (28 December 2014). "Tony Fernandes: The man behind AirAsia's revival". BBC News. Retrieved 28 December 2014. AirAsia's brand image is closely tied with its chief executive, Malaysian entrepreneur Tony Fernandes, who took over operations in 2001. Almost always in jeans and an Air Asia cap when interviewed, Mr Fernandes was seen as Malaysia's answer to Richard Branson.
  11. ^ "How Air Asia founder Tony Fernandes' dream came true". BBC News. 1 November 2010. Retrieved 28 December 2014. Mr Fernandes bought Air Asia from a Malaysian government-owned company in September 2001 for a mere 25 pence.
  12. ^ a b c "Battle-hardened Fernandes". Business Times (Malaysia). Yahoo! News. 3 December 2014. Archived from the original on 29 December 2014. Retrieved 29 December 2014.
  13. ^ a b "Tony Fernandes". Bloomberg Businessweek. 11 July 2004. Archived from the original on 1 September 2012. Retrieved 29 December 2014.
  14. ^ Stevens, Andrew (24 October 2007). "Interview with Tony Fernandes". Retrieved 29 December 2014.
  15. ^ Wong Chay Nee (28 May 2007). "Open skies the way to go". The Star. Retrieved 4 October 2021.
  16. ^ "The History of Indonesia AirAsia". Utiket.com. Retrieved 16 May 2023.
  17. ^ "Tony Fernandes: Now, MAHB understands AirAsia". 27 July 2018.
  18. ^ "AirAsia to bid for Clark Airport contract - Business News - The Star Online". www.thestar.com.my.
  19. ^ Lee, Liz (17 July 2018). "AirAsia's Fernandes undecided on plane order, no plans to attend..." Reuters.
  20. ^ "AirAsia CEO Fernandes and chairman step aside as Airbus bribery allegations probed"
  21. ^ "AirAsia chief Tony Fernandes steps aside amid Airbus probe"
  22. ^ "AirAsia says review cleared Airbus sponsorships; Tony Fernandes reinstated to CEO"
  23. ^ "The Richest People in Travel". The Telegraph. Retrieved 12 February 2014.
  24. ^ "Archived copy". Archived from the original on 22 February 2018. Retrieved 12 May 2013.{{cite web}}: CS1 maint: archived copy as title (link)
  25. ^ http://gm2j.com/main/wp-content/uploads/2012/03/GMJ-IAB-press-release.pdf Archived 22 February 2018 at the Wayback Machine [bare URL PDF]
  26. ^ Wells, Jennifer S. (27 February 2013). "Tony Fernandes Is Trump's Asian Apprentice". Forbes Asia. No. 4 March 2013. Retrieved 29 December 2014.
  27. ^ "Flying High - Tony Fernandes' memoirs". The Star Online. 29 October 2017. Retrieved 2 December 2017.
  28. ^ "Tony Fernandes made head of Malaysia Stadium Corporation". Free Malaysia Today. 26 September 2018. Retrieved 26 September 2018.
  29. ^ "Meet Tony Fernandes, your food delivery guy | The Malaysian Insight". www.themalaysianinsight.com. Retrieved 19 November 2020.
  30. ^ Andrew Benson. "BBC Sport - F1: Caterham face legal action from more than 40 former staff". BBC Sport.
  31. ^ "Lotus boss accepts Branson's bet | Lotus | Formula 1 news, live F1 | ESPN F1". En.espnf1.com. 16 December 2009. Retrieved 29 April 2010.
  32. ^ "Lady in Red". Virgin. 16 December 2009. Archived from the original on 22 May 2013. Retrieved 25 May 2013.
  33. ^ Alan Baldwin (17 October 2014). "Motor racing-Fernandes sells Caterham GP2 team". Reuters.
  34. ^ Jason Burt (20 November 2009). "West Ham showing signs they are on road to recovery after troubled past". The Telegraph. Retrieved 18 July 2013.
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  37. ^ "Neil Warnock sacked as manager of Queens Park Rangers". BBC Sport. 8 January 2012. Retrieved 29 July 2013.
  38. ^ "Mark Hughes confirmed as new Queens Park Rangers manager". BBC Sport. 10 January 2012. Retrieved 29 July 2013.
  39. ^ "Stoke 2-2 Bolton". BBC Sport. 13 May 2012. Retrieved 30 July 2013.
  40. ^ "Manchester City 3-2 QPR". BBC Sport. 13 May 2012. Retrieved 30 July 2013.
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  42. ^ "Mark Hughes: QPR's patience finally runs out with manager". BBC Sport. 23 November 2012. Retrieved 30 July 2013.
  43. ^ "QPR: Harry Redknapp takes over as manager". BBC Sport. 24 November 2012. Retrieved 30 July 2013.
  44. ^ "Harry Redknapp returns to rescue Queens Park Rangers". BBC Sport. 24 November 2012. Retrieved 30 July 2013.
  45. ^ "Reading 0-0 QPR". BBC Sport. 28 April 2013. Retrieved 30 July 2013.
  46. ^ "QPR's Tony Fernandes: I have been exploited". BBC Sport. 4 May 2013. Retrieved 31 July 2013.
  47. ^ "QPR chairman Tony Fernandes willing to leave QPR". BBC Sport. 20 August 2018.
  48. ^ "Tony Fernandes admits to QPR mistakes since taking over 'angry club'". 8 November 2017.
  49. ^ a b "Tony Fernandes casts doubt over his future as QPR look to leave Loftus Road".
  50. ^ "Amit Bhatia appointed new chairman of QPR". English. 15 August 2018.
  51. ^ "QPR Board: Statement". English. 10 July 2023.
  52. ^ "He still dreams of flying high, but AirAsia's Tony Fernandes now wants to 'slow down a bit'". Channel NewsAsia. Archived from the original on 1 November 2017. Retrieved 31 October 2017.
  53. ^ "AirAsia's Tony Fernandes weds South Korean girlfriend in France". ChannelNews Asia. 15 October 2017. Archived from the original on 27 October 2017. Retrieved 17 October 2017.
  54. ^ "AirAsia boss weds Korean in France". The Malay Mail Online. 15 October 2017.
  55. ^ Rubin Khoo (12 November 2019). "Puan Sri Chloe Kim is ready to establish herself as an entrepreneur". Prestige Malaysia.
  56. ^ "Tony Fernandes Welcomes New Baby". The Star. 3 October 2021. Retrieved 4 October 2021.
  57. ^ "AirAsia Berhad CEO Tony Fernandes applies for overseas citizen of India status". Economic Times. 17 March 2016.
  58. ^ "No interest in being FAM president, says Tony Fernandes". Free Malaysia Today. 11 September 2016. Retrieved 28 January 2018. He gives three reasons why it's a long shot, and says his response to an impromptu question was blown out of proportion.
  59. ^ "#21 Anthony Fernandes". Forbes. March 2020.
  60. ^ hermesauto (19 November 2020). "For sale: AirAsia founder Tony Fernandes' Scottish mansion at $4.45 million". The Straits Times. Retrieved 20 November 2020.
  61. ^ "Team Lotus boss honoured in Malaysia". Robbie Wilkins. Crash. 6 June 2011. Retrieved 6 September 2018.
  62. ^ a b "Fernandes: A man of many accomplishments". Churchill Edward. Borneo Post. 2 April 2011. Retrieved 6 September 2018.
  63. ^ "Two ministers made Datuk Seris". Roslina Mohamad. The Star. 24 October 2007. Retrieved 6 September 2018.
  64. ^ "Sultan of Perak confers title on AirAsia CEO". Borneo Post. 20 April 2011. Retrieved 6 September 2018.
  65. ^ "French govt confers Tony Fernandes with Commander of the Legion d' Honneur award". Bernama. 28 November 2013. Retrieved 6 September 2018.
  66. ^ "Tony Fernandes Legion D'Honneur". F1ezine.com. 15 April 2010. Archived from the original on 15 January 2011. Retrieved 29 April 2010.
  67. ^ "Tony Fernandes receives CBE". Racing-Report.com. 6 February 2011. Retrieved 6 February 2011.
  68. ^ "Fernandes conferred CBE for UK-Malaysia links". The Star. 7 February 2011. Retrieved 6 September 2018.
  69. ^ "University of Cambodia unveils Tony Fernandes School of Business". New Straits Times. 19 May 2018. Retrieved 6 September 2018.
  70. ^ "Dato' Sri Tony Fernandes Given Honorary Doctorate Of Business Innovation". wemotor.com. 28 March 2010. Retrieved 16 January 2022.
  71. ^ "AirAsia doesn't need a doctorate in the house, but the faith of investors". Business Standard India. Business Standard. 10 June 2018. Retrieved 18 January 2022.
  72. ^ "Tony Fernandes conferred honorary doctorate by MAHSA". The Star. 14 March 2017. Retrieved 17 January 2022.
  73. ^ "Tan Sri Tony Fernandes conferred an Honorary Doctorate of Management". Universiti Putra Malaysia. 16 November 2019. Retrieved 4 December 2019.
  74. ^ "AirAsia's Tony Fernandes receives honorary degree from Cranfield". Cranfield University. 29 June 2018. Retrieved 6 September 2018.
  75. ^ Mertens, Brian (20 December 2010). "Flying On A Budget". Forbes.
  76. ^ "The 100 Most Creative People in Business 2011". Fast Company. Retrieved 8 June 2013.
  77. ^ "Asian Brands Honoured at the 2014 World Branding Awards". Yahoo Finance. 29 October 2014. Archived from the original on 16 February 2015. Retrieved 16 February 2015.