Born: Kuala Lumpur, 1964 (Age 50) THE son of an Indian doctor and a Malaysian mother , Fernandes was schooled in England fr om the age of 12 and graduated fr om the London School of Economics in 1986. After a brief spell as an accountant, he joined Virgin Music in 1987 as a senior financial analyst.
In 1992, he returned to his native Malaysia as managing dir ector of Warner Music Malaysia, becoming vice pr esident of the company in the late nineties.
In 2001, together with partners Dato’ Pahamin Rejab and Dato Aziz Bakar, Fernandes founded Tune Air. Inspired by the success of Easyjet in Europe, they wanted to offer low-cost air travel in Asia.
Using the slogan ‘Now Everyone Can Fly’, they bought the lossmaking AirAsia from its Malaysian owner DRB-Hicom for 25 cents and within a year had tur n the company round. To date, it has been named the world’s best low-cost airline five years running.
In sport, Fernandes bought Team Lotus in 2010, rebranding in 2012 as Caterham F1. Regular back-markers, they have yet to score a point and Fer nandes has warned he will quit unless results improve in 2014.
Since buying QPR in 2011, Fernandes has spent some £ 50m on transfers, overseeing Premier League survival in year one but suffering relegation the following season. Now in the Championship play-off final, he has also unveiled plans for a new stadium complex. Named Asian Businessman of the year in 2010, Fer nandes has also been awarded the Légion d'Honneur in France and a CBE by the Queen.