The media mogul, key to the success of Live Aid 1985, was one of Malaysia's most influential entrepreneurs. Ananda Krishnan passed away peacefully at the age of 86.
lifestyle Who Is Ananda Krishnan ? Understanding The Man Behind The Telecommunications & Media Empire The media mogul was key to Live Aid 1985 coming to life! Cover image via EPA Images via FMT & Queen Productions Ltd Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news.
Image via EPA Images via FMT Known for founding Maxis and Astro, two of Malaysia's most recognisable brands, his business ventures reshaped the country's telecommunications and media industries. With a career spanning decades, his contributions extended beyond profit to philanthropy and nation-building.Born in Brickfields, Kuala Lumpur, in 1938, Ananda came from a family of modest means
Ananda often credited education as a cornerstone of his success, a value he upheld throughout his life. At the time, Ananda was known as an "oil baron" for his ventures in oil trading. He was looking to invest in "social venture capital", which he reportedly described as, "Instead of giving money to a charity, I wanted to invest it in someone who could raise amounts of money."
It was a breakthrough in broadcast and satellite technology, and is said to have spurred Ananda into building his multimedia empire. Image via Wikipedia Soon after, Ananda founded Astro Malaysia Holdings, a satellite TV provider that brought entertainment, education, and cultural programming into our homes.
One of his most notable initiatives was providing scholarships for underprivileged students, enabling them to access education both locally and internationally. He also supported cultural and arts programmes that aimed to preserve Malaysia's heritage. At the time of his death, Ananda Krishnan's net worth was estimated at USD4.8 billion , making him one of the country's wealthiest individuals
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