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Home/Latest News/Unveiling Ananda Krishna: From Royal Love to Becoming Malaysia’s Iconic Oil & Telecom Tycoon
Latest News

Unveiling Ananda Krishna: From Royal Love to Becoming Malaysia’s Iconic Oil & Telecom Tycoon

By adminitfy
January 31, 2025 2 Min Read

Ananda Krishnan, a distinguished figure in Malaysia’s business landscape, passed away at the age of 86. Renowned as one of the nation’s wealthiest individuals, Krishnan amassed a substantial fortune estimated at $5.1 billion, according to Forbes. His vast business empire spanned telecommunications, media, petroleum, and real estate, establishing him as a pivotal player in the corporate arena. Krishnan’s career took off in the mid-1980s and early 1990s when he ventured into the entertainment industry, earning recognition through projects like the Live Aid concert with Bob Geldof.

Krishnan’s entrepreneurial acumen led to the establishment of Maxis Communications, MEASAT Broadcast Network Systems, and SES World Skies, marking his dominance in the telecommunications sector. Notably, he owned three communication satellites orbiting the earth. Despite his immense success, Krishnan maintained a low profile, especially after marrying a Thai princess and spending much of his time in Europe.

Ananda Krishnan was not only a business tycoon but also a significant contributor to nation-building and philanthropy. His investment holding company, Usaha Tegas, highlighted his philanthropic efforts in a statement following his death, requesting privacy for the family. Krishnan also played a crucial role in Malaysian politics, reportedly influencing former Prime Minister Mahathir Mohamad to construct the 88-storey Petronas Twin Towers in Kuala Lumpur, which became an iconic landmark.

Krishnan’s legacy as the king of oil, gas, and telecommunications in Malaysia is marked by his strategic and pioneering ventures, contributing significantly to the nation’s infrastructure and economic landscape. His passing marks the end of an era for Malaysia’s business community, leaving behind a legacy of innovation and inspiration.

Original Source: https://www.india.com/news/world/ananda-krishna-married-a-thai-princess-was-sixth-richest-person-in-malaysias-king-of-oil-gas-telecom-his-net-worth-was-5-1-billion-7580188/
Category : World,Ananda Krishnan,Malaysia
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Publish Date: 2025-01-31 00:01:00

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