Malaysian Billionaire and Media Mogul Ananda Krishnan Dies at 86
The founder of Maxis, Astro, and Measat, Krishnan was a pivotal figure in Malaysia's corporate and media landscape.
- Ananda Krishnan, one of Malaysia's wealthiest individuals with a net worth of $5.1 billion, passed away at the age of 86, as confirmed by his investment firm Usaha Tegas.
- He was instrumental in founding Maxis, Malaysia’s second-largest mobile operator, and Astro, a dominant broadcasting and media company serving over 66% of Malaysian households.
- Krishnan played a key role in developing Malaysia's iconic Petronas Twin Towers and was closely associated with the country's economic boom in the 1980s and 1990s.
- His diverse business interests spanned telecommunications, media, oil, and entertainment, including stakes in Measat, Bumi Armada, and Celestial Pictures.
- Known for his low-profile demeanor, Krishnan is survived by two daughters and a son, who has chosen a life as a Buddhist monk.