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Meet The Richest Indian In Malaysia, Who Owns Three Communication Satellites In Earth`s Orbit, His Net Worth Is Rs 45,339 Crore
Success Story: T Ananda Krishnan, a self-made Indian-origin Malaysian business magnate and philanthropist, is one of Malaysia's most successful entrepreneurs. Commonly known as AK, he is currently the fourth richest person in Malaysia with a net worth of $5.8 billion (Rs 45,339 crore), according to Forbes. Ananda Krishnan is celebrated for his exceptional business acumen and philanthropic efforts in Southeast Asia.
Ananda Krishnan Early Life and Education
Born in Brickfields, Kuala Lumpur, Ananda Krishnan’s academic journey began in Malaysia before he pursued a BA in Political Science in Australia and an MBA from Harvard University.
Ananda Krishnan Multimedia Empire
In the mid-1980s and early 1990s, Ananda Krishnan built a multimedia empire that propelled him to fame. His involvement in the entertainment industry, including participation in the Live Aid concert with Bob Geldof, established his reputation. Today, he owns three communication satellites in Earth's orbit.
Ananda Krishnan Investment Ventures
As the head of Usaha Tegas, Ananda Krishnan amassed considerable wealth through strategic investments in telecommunications, media, and oil services. The more prominent ventures include the television network Astro, satellite operator MEASAT, and broadband provider Maxis.
Ananda Krishnan Philanthropic Efforts
A reserved yet impactful philanthropist, Ananda Krishnan actively supports various causes through the YCF Charitable Foundation. His contributions extend to education, the arts, sports, and humanitarian initiatives, reflecting his dedication to making a difference.
Ananda Krishnan Faces Bankruptcy
His investment in the Indian telecom company Aircel, estimated at $7 billion, faced bankruptcy in 2018 and was later acquired by UV Asset Reconstruction.
Ananda Krishnan Enterpreneurial Journey
Ananda Krishnan's entrepreneurial journey began with the founding of MAI Holdings Sdn Bhd, a Malaysian consultancy firm. He later launched Exoil Trading.
Ananda Krishnan Net Worth
As of the latest Forbes rankings, Tan Sri Ananda Krishnan is the fourth wealthiest individual in Malaysia. His wealth has been estimated at $5.8 billion (₹45,339 Crore). In 2011, he was listed 93rd on Forbes’ global billionaires list, with a net worth nearing $10 billion. (Image Credit: Social Media Platforms)