How rich is Ananda Krishnan?
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Ananda Krishnan Net Worth, Wiki & Biography in 2017
Tan Siri Tatparanandam Ananda Krishnan was born on the 1st April 1938, in Kuala Lumpur, Malaysia, and is a businessman, best known to the word as the owner of the MAI Holdings Sdn Bhd. and Exoil Trading.
Have you ever wondered how rich Ananda Krishnan is, as of mid-2016? According to authoritative sources, it has been estimated that Ananda Krishnan`s net worth is as high as $11.8 billion, which has been accumulated through his successful career as a business man and entrepreneur, owning several companies, and also investing in such companies as Maxis, Tanjong Public Limited Company, Powertek, and many others.
Ananda Krishnan Net Worth $11.8 Billion
Ananda is a descendant of the (Sri Lankan) Tamil people, and he went to Vivekananda Tamil School in Brickfields, which is his hometown. After he matriculated, he went to the Victoria Institution, and then the University of Melbourne, Australia, from where he graduated with a BA degree in political science. His education didn`t stop there, as he went to Harvard Business School, and graduated in 1964 with a Masters degree in Business Administration(MBA).
Soon after graduation, he ventured into business, founding the consulting agency MAI Holdings Sdn Bhd. After that, he founded Exoil Trading, which focused on acquiring interests in oil companies around the globe. As his business grew, his net worth also became larger and larger. When it comes to his oil empire, he owns stakes in companies such as Bumi Armada and Pexco, apart from his own company.
After building an oil empire, Ananda became interested in multi-media, and in the 1980s he even teamed up with Bob Geldof in philanthropic efforts, and helped him organize Live Aids concert throughout ’80s and ’90s. He then went on to purchase two of the most successful telecommunication companies in Malaysia, Maxis Communications, MEASAT Broadcast Network Systems and SES World Skies. He also owns stakes in such companies as Astro and TGV Cinemas, among others, all of which have increased his net worth.
Most recently he has been working on a project to develop programs for Tamil people, and make them available to countries of Western Europe, the USA, and for the countries of the Commonwealth of Independent States, which will likely further increase his net worth.
Thanks to his vast fortune, Ananda has earned several recognitions, including naming in the Forbes List as the second rich Malaysian and he is also on the Forbes Richest people at No. 129.
Ananda is also active as philanthropist, supporting several humanitarian organizations, through his own Usaha Tegas, starting several funds which are used in improving education, health and overall social standard in his home country.
For his accomplishments as a humanitarian, Ananada has received Heroes of Philanthropy recognition by Forbes.
Regarding his personal life, Ananda tends to keep low profile, and so little is known about him, however, it is known that he has a Thai wife, and has three children. In his free time, he enjoys fishing and is a big fan of modern art.
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