You are on page 1of 5

Ananda Krishnan ( 82 richest in world ) 2nd richest person in Malaysia behind Robert kuok Tatparanandam Ananda Krishnan (born

1938) is a Malaysian businessman and philanthropist. Nicknamed A K, currently he is estimated to have a net worth of US$11.7 billion[1] according to Forbes' latest annual list of wealthiest people, making him the second wealthiest in Southeast Asia behind Robert Kuok, and number 82 in the world. He first came to prominence by helping to organize the Live Aid concert with Bob Geldof in the mid1980s. In the early 1990s, he began building a multimedia empire that now includes two telecommunication companies - Maxis Communications and MEASAT Broadcast Network Systems and has three communication satellites circumnavigating the earth.

He effected the purchase of 46% of Maxis Communications, the country's largest cellular phone company, from British Telecom, AT&T Corporation, Orange S.A., Belgacom and Amrica Mvil for $1,180 million - raising his stake to 70%. Maxis has more than ten million subscribers, with around 40% market share in Malaysia. He also owns stakes in Aircel, Axis, and Sri Lanka Telecom.

In an agreement between Astro and India's Sun Network, Ananda plans to produce TV channels which cater to the Indian market, especially Tamil diaspora in countries such as US and Western Europe. Ananda also plans to offer TV services featuring Web-based interactivity. Ananda Krishnan owns stakes in TVB.com and the Shaw Brothers movie archives.

Name: Tatparanandam Ananda Krishnan Born on: 1st April 1938 Born in: Kuala Lumpur,Malaysia Marital status: Married Occupation: Chairman & CEO, Usaha Tegas Group Holdings Bhd

Tatparanandam Ananda Krishnan was born in Kuala Lumpur, Malaysia to Tamil parents of Sri Lankan origin. He is the 2nd richest man in Malaysia behind Robert Kuok. He is estimated to have a net worth of US$11.7 billion according to Forbes' latest annual list of wealthiest people. He studied at Vivekananda Tamil School in Brickfields, Kuala Lumpur and furthered his studies at Victoria Institution, Kuala Lumpur. Later, as a Colombo Plan scholar, he attended the University of Melbourne, Australia for his B.A. (Honours) degree majoring in political science. During that time he boarded in the Melbourne suburb of Hawthorn. Following that, Krishnan obtained a Masters in Business Administration at Harvard University, graduating in 1964.

The entrepreneurs Maxis Communications company and diversified business interests has made him one of the wealthiest business magnate in Southeast Asia. An MBA from the prestigious Harvard University, Ananda shuns public exposure and keeps a low profile compared to his affluent status.The Malaysian tycoon has also topped the news headlines for the controversial telecom deal Aircel-Maxis.

Starting as an oil trader, Anandas first entrepreneurial venture was Exoil Trading dealing in oil trading concessions. After dealing in gambling, stud farming and a cartoons studio, the innovative industrialist expanded his business interests to get the biggest holding Maxis Communications, Malaysia's principal cell phone service provider, with more than 11 million subscribers, generating revenue of $8.9 billion. Currently, his private unit Usaha Tegas holds stakes in Tanjong Public Limited Company which operates a chain of subsidiaries including power generation (Powertek), property, lottery gaming (Pan Malaysian Pools) and leisure.

The billionaire business man has a net worth of $7.6 billion and holds business interests in property development, satellites and communications, oil trading and gaming. Ananda is a real property lover, which is evident from his acquisition of the 1,800 hectare property Kia Ora, the billionaires multimillion dollar house near the rural town of Scone, and other properties in London, Kuala Lumpur and France. The richest Tamilian also adores going on fishing trips on a luxury yacht. Anandas privately held holding unit Usaha Tegas provides vital contributions to various causes, including education, sports and arts. On the personal front, the billionaire business magnate is married and has three children.

Close friend of Dr Mahathir

Leadership style : hate public exposure :He also leaves some of the decision making privileges to his employees : he give reward to his employees if his employees perform at its best : innovative

ANANDA KRISHNAN A successful business tycoon Tatparanandam Ananda Krishnan, with net worth of $9.6 billion at age 75 holds business interests in property development, satellites and communications, oil trading and gaming. He obtained his primary and secondary education in Malaysia and his tertiary education at University of Melbourne, Australia. The entrepreneurs Maxis Communications company and diversified business interests has made him one of the wealthiest business magnate in Southeast Asia. Many entrepreneurship characteristics defined by Dr. Donald F. Kuratkos and Professor Jeffry A. Timmons can be attributed to Ananda Krishnan.

Independence, self-confidence and optimism can be seen within Ananda Krishnan in where he as the corporate image of Usaha Tegas own and manage it solely by himself. Usaha Tegas is described to be Ananda Krishnans investment and is run as a consulting organization with interest spanning into several sectors such as Communication, Broadcasting, Media and Energy. It is run by a board of advisers hand-picked by Ananda Krishnan by himself based on their professional backgrounds and experience. Ananda Krishnan is a man with vision. He has a clear mission and a futuristic vision to diversify his businesses He also ventured into stud farming in Australia, and is running a Hollywood cartoon studio in America and Manila. He ventured into Multimedia business and then created other business interest in satellite communication, broadcasting and gaming during the early days of 90s. He then also developed a string of multiplex cinema in Malaysia offering the best viewing of films on bigger screens. Due to his vision and venture, his business has spread around the globe, mainly in Southeast Asia and Europe. His multimedia empire navigates the earth with two satellites includes two communication companies which are Maxis Communication and MEASAT Broadcasting Network Systems. MAXIS Communication providing the best communication

You might also like