ⓒ The Star
Ananda Krishnan, a prominent figure in Malaysian media, telecommunications, and oil industries, passed away peacefully at the age of 86 on November 28th. The news was confirmed by his companies, leaving behind a legacy of significant contributions to the nation and the corporate world. While the cause of death remains undisclosed, his passing has been met with widespread sadness and tributes.
Krishnan’s entrepreneurial journey began humbly. Born into a middle-class family in Brickfields, he ascended to become one of Malaysia’s wealthiest individuals, amassing a net worth estimated at $5 billion earlier this year. His business acumen led him to establish Maxis Bhd, Malaysia’s second-largest mobile operator, and Astro Malaysia Holdings Bhd, a dominant force in broadcasting and media.
His influence extended beyond these key holdings. He had significant investments in Bumi Armada Bhd, an oil field services provider, further showcasing his diverse portfolio. His business interests encompassed a vast range of media and telecommunications companies, including Astro, Maxis, MEASAT satellite operator, and even a stake in the UK newspaper group, Johnston Press. His impact on the Malaysian and international media landscape is undeniable.
Beyond his business achievements, Krishnan’s philanthropic efforts touched numerous lives. The statement released by Usaha Tegas, one of his investment firms, highlighted his dedication to nation-building and his commitment to charitable causes. The family has requested privacy during their time of mourning.
Krishnan’s life story is one of remarkable success, from his early beginnings to his global recognition as one of the most influential media figures. His death marks the end of an era in Malaysian business and media, leaving behind a lasting impression on the industry and the nation.
