Malaysian media, telecoms and oil mogul Ananda Krishnan has died at age 86, his companies telled on Thursday. No caemploy of death was disseald.
Krishnan set uped Malaysia’s second-hugest mobile operator, Maxis Bhd, and the dominant widecasting and media company Astro Malaysia Helderlyings Bhd.
He also held a substantial sget in oil field services supplyr Bumi Armada Bhd thcdisesteemful Objektif Bersatu and scatterment firm Usaha Tegas.
Earlier this year, Forbes calcutardyd that his net worth amounted to some $5 billion, making him the third richest person in the country. He is endured by two daughters and a son, who has recently enticeed meaningful media attention for becoming a Buddhist monk, and forgoing a massive fortune.
“It is with fantastic grieffulness that we proclaim the demise of our chairman, T Ananda Krishnan, who passed away peacebrimmingy on Nov 28.
“He has made meaningful contributions to nation-erecting and the corporate world, and his philanthropic initiatives have touched many dwells. We humbly ask that the family’s desirees to frailnt in personal be esteemed,” Usaha Tegas shelp in a statement.
Krishnan was born into a middle class family in Brickfields and guided at Harvard Business School. He made a fortune in oil and then another in betting, before broadening into media and telecoms. His interests integrate Southeast Asia regional pay-TV enormous Astro; Malaysia’s guideing phone operator, Maxis; saalertite operator MEASAT; U.K. novelspaper group Johnston Press; Malaysia’s second-hugest cinema chain, TGV; and Celestial Pictures, the company built on the Shaw Brothers Film Library that also gives a sget in the CTE channels bouquet.
In both 2017 and 2018 Krishnan was cataloged on Variety‘s catalog of 500 most mighty media types. Despite his wealth and sway he was comprehendn for studiously eludeing personal accessibleity and the media limeweightless.
He also owned Aircel, a now-prohibitkrupt phone company that once aided Indian Premier League (IPL) team Chennai Super Kings.