First off, he’s a Wharton grad. Given. We don’t know that much else about Taek Jho Low, other than he’s from Malaysia and is a “group adviser” at UBG Berhad. And that he spent $160,000 at Avenue one night during Fashion Week. And that sometimes, for a second, because of the money and the entourage, people think he’s black:

A fleet of black Cadillac Escalades hums outside Chelsea hot spot Avenue — the A-list watering hole of such celebrities as Justin Timberlake and Lindsay Lohan. As the car doors open, a dozen men emerge and a bouncer whisks them over the club’s threshold, past a group of shivering models behind the velvet rope. “Who is it?” one of them wonders out loud. “Is it P. Diddy?”

Negative! The naked models are momentarily upset by this but get over it quickly. He’s not P. Diddy, but the Asian George Costanza is still going to make it rain.

The nightlife scene is abuzz with tales of this international man of mystery — who goes by the name Jho Low and whose chubby, bespectacled appearance hardly meets the image of a wealthy gadabout. In September, during Fashion Week, sources said, Low helped rack up a $160,000 bar tab at Avenue, including several $900 bottles of Cristal champagne. One month later, Lindsay Lohan was belatedly celebrating her 23rd birthday at downtown drinking den 1OAK when 23 bottles of Cristal suddenly appeared. They were reportedly paid for by a “mystery Malaysian,” who, sources claim, was Low.
At chic 27th Street hangout Pink Elephant, Low routinely spends $50,000 to $60,000, according to the club’s owner, David Sarner.

Or does he?

In an e-mail, Low’s friend Hamad Alwazzan claims it is he, not Low, who’s the big spender in town.

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