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Ananda Krishnan Profile



World Billionaire Ananda Krishnan Profile

Ananda Krishnan
Ananda Krishnan
  Name : Ananda Krishnan
2014 Rank : 100      2013 Rank : 82      2012 Rank : 93      2011 Rank : 93
Net Worth: US $11.3 B (2014)
Fortune : Self Made
Source : Telecom
Country Of Citizenship : Malaysia
Residence : Kuala Lumpur‚ Malaysia
Education : Harvard U‚ Master of Business Administration; Melbourne U‚ Bachelor of Arts / Science
Date of Birth : April 1st 1938
Profession : Businessman
Family : Spouse(s)‚ Children: 3

More About Ananda Krishnan

Introduction

Tatparanandam Ananda Krishnan‚ known as Ananda Krishnan (or TAK) more popularly‚ holds the 89th rank in the Forbes list of world Top billionaires. He is of Sri Lankan-Tamil origin‚ and started as an oil trader in the early days of his career. His net worth is estimated to be about $7.6 billion. He is also the third wealthiest man in Southeast Asia after Robert Kuok and Ng Teng Fong.

His most prominent company is the Maxis Communications which is the largest cell phone service provider in Malaysia having more than 11 million subscribers and 40% market share in Malaysia. Recently‚ Maxis has taken over Aircel which is the largest cellular service provider in Tamil Nadu. Expectations are that‚ this is going to spread quickly to other parts of India too. The venture took public last November and is known to have raised $3.4 billion. This is known to be the largest ever IPO of Malaysia.

Ananda Krishnan is also known to have telecom interests in Indonesia and India. The other companies run by this business maestro are satellite TV broadcaster Astro All Asia Networks and Johnston Press in London.

The Career of Ananda Krishnan

The first venture of Ananda Krishnan was a consultancy named MAI Holdings based in Kuala Lumpur. After that‚ the Exoil Trading was set up by him which mainly dealt with oil drilling concessions. He also invested in the gambling business in Malaysia. From the early 1990s‚ he moved his focus primarily on the multimedia arena.

The multimedia empire of Ananda Krishnan has two main companies‚ - Maxis Communications and MEASAT Broadcast Network Systems and three communication satellites.

Satellite television (Astro)‚ space (MEASAT)‚ shipping (Bumi Armada)‚ telecommunications (Maxis‚ Aircel) are all owned by him.

Ananda is also planning to launch TV channels to cater to the Indian market and is revising the agreement between Astro and India’s Sun Network. TV services featuring Web-based interactivity are also in the proposal placed by him.

Ananda Krishna is a significant stake-holder in Tanjong Public Limited Company‚ an investment company. The subsidiaries of the company include Power Generation (Powertek)‚ Gaming (Pan Malaysian Pools)‚ Leisure (Tropical Island and Tanjong Golden Village (TGV)).

Ananda Krishnan is also a significant stake holder in in TVB.com and the Shaw Brothers movie archives.

Some Little Known Facts about Ananda Krishnan

  • He has a hobby of collection of modern arts.
  • He has homes in Kuala Lumpur‚ London‚ and south of France. Ananda Krishnan also owns a farmhouse in Australia.
  • He is a very private person and shies away from public exposure when it comes to his personal life. He maintains a very low-profile lifestyle unusual for a person of his stature.
  • He has a spiritual son who is a monk.
Usaha Tegas‚ which is the private holding entity of Ananda Krishnan donates a considerable sum to various philanthropist activities and causes like education‚ sports and arts.
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