Ananda Krishnan, entrepreneur and philanthropist, leaves behind a lasting legacy

The life and legacy of a Malaysian business titan.

KOUSALYA SELVAM
KOUSALYA SELVAM
28 Nov 2024 04:10pm
Ananda Krishnan - File photo by AFP
Ananda Krishnan - File photo by AFP

EVERY Malaysian child who grew up with Astro and Maxis instantly associated these household names with Tan Sri Ananda Krishnan.

His vision had brought entertainment to our living rooms and connectivity to our fingertips.

Today, Malaysia mourned the loss of one of its most influential figures, who passed away at the age of 86.

A visionary entrepreneur and philanthropist, he left behind a legacy that transformed Malaysia’s business and cultural landscape.

Born on April 1, 1938, in Brickfields Kuala Lumpur, Ananda Krishnan was a trailblazer in the fields of telecommunications, media, and energy.

He graduated from Victoria Institution and later earned degrees from the University of Melbourne and Harvard Business School.

Known as the "Warren Buffett of Malaysia," his ventures included iconic companies such as Maxis, Astro, and Bumi Armada.

His investments also extended internationally, leaving an indelible mark in industries as diverse as satellite communications and entertainment.

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He also owned Aircel, the now-bankrupt phone company that once sponsored the Indian Premier League (IPL) team Chennai Super Kings.

In April, Forbes listed the tycoon as the third-richest person in Malaysia, after hotel and real estate magnate Robert Kuok and Hong Leong’s Quek Leng Chan, with a net worth of US$5.1 billion.

Ananda's wealth, estimated in the billions, was often used for societal good.

He championed education and healthcare through his foundation, funding scholarships and medical research.

Despite his immense wealth and success, Ananda was known as a very private individual.

His son, Ajahn Siripanyo, a notable figure in his own right, took the remarkable path of renunciation to become a Buddhist monk.

This decision reflected the family’s deep connection to spirituality and values that transcended material wealth.

Ananda's influence extended beyond wealth and business.

His visionary leadership reshaped industries and inspired future generations of entrepreneurs.

His passing marked the end of an era for Malaysia, but his contributions endure as a testament to his extraordinary life.

Ananda's legacy will remain a beacon of inspiration for generations to come.

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