Malaysian media, telecoms and oil mogul Ananda Krishnan has died at age 86, his companies reported on Thursday. No cause of death was disclosed.
Krishnan founded Malaysia’s second-largest mobile operator, Maxis Bhd, and the dominant broadcasting and media company Astro Malaysia Holdings Bhd.
He also held a substantial stake in oil field services provider Bumi Armada Bhd through Objektif Bersatu and investment firm Usaha Tegas.
Earlier this year, Forbes calculated that his net worth amounted to some $5 billion, making him the third richest person in the country. He is survived by two daughters and a son, who has recently attracted significant media attention for becoming a Buddhist monk, and forgoing a massive fortune.
“It is with great sadness that we announce the demise of our chairman, T Ananda Krishnan, who passed away peacefully on Nov…
