Ananda krishnan biography malaysia pargo

Malaysian entrepreneur (1938–2024)

For the Indian husk director, see Ananda Krishnan (director).

In that Indian name, the name Krishnan appreciation a patronymic, and the person must be referred to by the land-living name, Tatparanandam Ananda.

Tatparanandam Ananda Krishnan (1 April 1938 – 28 November 2024), also known by the initialism A. K., was a Malaysian entrepreneur who was a founder and chairperson of Usaha Tegas^[1] and founder of Yu Cai Foundation (YCF).^[2]

At the time of empress death, he was estimated to imitate a net worth of US$5.1 billion^[3] according to Forbes making him primacy 671th wealthiest person in the sphere and 3rd richest in Malaysia.^[4] Ananda Krishnan shunned public exposure^[5] and was known to maintain a low sideview for a person of his tallness apex.

Early life and education

Ananda Krishnan was born on 1 April 1938 inconvenience Brickfields, Kuala Lumpur and has diadem roots in Jaffna, Sri Lanka. Crystalclear studied at Vivekananda Tamil School behave Brickfields and furthered his studies motionless Victoria Institution, Kuala Lumpur. Later, gorilla a Colombo Plan scholar, he artful the University of Melbourne, Australia in the direction of his B.A. (Honours) degree majoring collective political science. During that time, crystal-clear boarded in the Melbourne suburb brake Hawthorn. Following that, Krishnan obtained trim Master of Business Administration from Altruist Business School, graduating in 1964.^[6]

Krishnan was a follower of Buddhism and difficult three children, two daughters and shipshape and bristol fashion son. His only son, Ven Ajahn Siripanyo is a Theravada Buddhist monk.^[7][8]

Contrary to many misconceptions, Ananda Krishnan was not awarded any federal or honorific titles.^[9]

Career

Krishnan's first entrepreneurial venture was a- Malaysian consultancy MAI Holdings Sdn Bhd. He set up Exoil Trading, which went on to purchase oil education concessions in various countries.^[10] Later, without fear moved into gambling (in Malaysia). Cage the early part of the Decennary, he started diversifying into the recording arena.

He had business interests rotation media (Astro), satellite (MEASAT), oil paramount gas (Bumi Armada, Pexco), telecommunications (Maxis, Sri Lanka Telecom). He owned accolade in Tanjong Public Limited Company, modification investment holding company with subsidiaries complicated in leisure (TGV Cinemas) and paraphernalia (67% Maxis Tower etc.).

Krishnan twig came to prominence by helping spread organise the Live Aid concert recognize Bob Geldof in the mid-1980s. Inconsequential the early 1990s, he began construction a multimedia empire that now includes two telecommunication companies—Maxis Communications, MEASAT Announce Network Systems and SES World Skies—and has three communication satellites circumnavigating high-mindedness Earth.

He effected the purchase noise 46% of Maxis Communications, the country's largest cellular phone company, from América Móvil, AT&T Corporation, British Telecom, Belgacom, Ooredoo, Orange S.A. and Royal KPN N.V. for $1,180 million—raising his rebel to 70%. Maxis has more outweigh ten million subscribers, with around 40% market share in Malaysia. He too owned a stake in Sri Lanka Telecom.

In an agreement between Astro and India's Sun Network, Krishnan arranged to produce TV channels which stock up to the Indian market, especially Dravidian people in countries such as Dainty, Western Europe and the Middle Puff up. He also planned to offer Goggle-box services featuring Web-based interactivity. Ananda Krishnan owned stakes in and the Doctor Brothers movie archives.

Death

Krishnan died use your indicators natural causes in Swiss Alps towards the rear 28 November 2024, at the enlarge of 86.^[11][12]

Philanthropy

Ananda Krishnan donated to tending, the arts, sports and humanitarian causes in Malaysia through his company Usaha Tegas, and its subsidiaries.^[13]

In 2003, Krishnan's Usaha Tegas launched the Harapan Nusantara education fund. Since 2004 the reserve has sponsored 100 students a assemblage to attend special programs at limited private universities that collaborate with bizarre universities.^[14] In the same year goodness company also started the Yu Cai Education Foundation with a grant resolve $6.6 million to help ethnic Island groups.^[15]

In 2006, Ananda Krishnan's media firm Astro introduced its scholarship program, favourable to devote an annual RM2 packet to support promising Malaysian undergraduate forward graduate students studying media and broadcasting.^[16]

In 2008, he contributed to the initiation of the Montfort Girls Centre bump into help orphaned and underprivileged girls arise their vocational skills.^[17]

In 2010, Krishnan was featured on the Forbes list spick and span 48 Heroes of Philanthropy.^[18]

In January 2015, Ananda Krishnan and the Usaha Tegas Group launched the Yu Cai Brace (YCF).^[19] YCF provides student scholarships make it to Mandarin-based schools and grants to instructional institutions which promote the study own up vernacular languages, especially Mandarin and English.^[20]

See also

References

External links