Sultan Ibrahim Iskandar, a billionaire, was crowned Malaysia's 17th King in a lavish ceremony, pledging fair governance during his five-year term under the unique rotating monarchy system. The coronation, steeped in Malay culture, marked his formal ascension to the throne, with traditional customs and dignitaries like Sultan Hassanal Bolkiah of Brunei and King Hamad bin Isa Al Khalifa of Bahrain in attendance. Malaysia's constitutional monarchy, where nine state rulers take turns as king, plays a significant role, intervening in political crises and overseeing key appointments. Sultan Ibrahim, known for his wealth from telecoms and real estate, emphasized integrity, fairness, and national development in his coronation speech, reflecting his commitment to the monarchy and Malaysia's progress.