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{{for|the Indian film director|Ananda Krishnan (director)}}
{{short description|Malaysian businessman}}
{{EngvarB|date=September 2014}}
{{Use dmy dates|date=September 2014}}
{{Indian name|Tatparanandam Ananda|Krishnan}}
{{Infobox person
| name = Ananda Krishnan
| image =
| image_size =
| caption = Tatparanandam Ananda Krishnan
| native_name = த. ஆனந்தகிருஷ்ணன்
| citizenship = Malaysia
| native_name_lang = ta
| birth_name = Tatparanandam Ananda Krishnan
| birth_date = {{Birth date and age|df=yes|1938|4|1}}
| birth_place = [[Brickfields]], [[Kuala Lumpur]], [[British Malaya]] <br><small>(modern-day [[Malaysia]])</small>
| death_date =
| death_place =
| known_for =
| occupation = Sole Shareholder & Chairman, PanOcean Management Ltd <br/> Chairman, [[Usaha Tegas|Usaha Tegas Sdn Bhd]]
| salary =
| networth = {{loss}} $5.9 billion (2020)<ref name=networth>{{cite web|title= Forbes List of Billionaires 2011 |author=|author2= |url=https://www.forbes.com/profile/ananda-krishnan/|work=[[Forbes]]}}</ref>
| spouse =
| children = 3
| website =
| footnotes =
}}

'''Tatparanandam Ananda Krishnan''' ([[Tamil language|Tamil]]: த. ஆனந்தகிருஷ்ணன்) (born 1 April 1938) is a businessman, the Chairman of Usaha Tegas Sdn Bhd<ref>{{Cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=40175527&privcapId=45733736|website=www.bloomberg.com|access-date=2018-11-11|title=Stocks}}</ref> and founder of Yu Cai Foundation (YCF).<ref>{{Cite web|url=https://themalaysianreserve.com/2017/03/31/tycoon-ananda-krishnan-launches-yu-cai-foundation/|title=Tycoon Ananda Krishnan, launches Yu Cai Foundation - The Malaysian Reserve|website=themalaysianreserve.com|date=31 March 2017|language=en-US|access-date=2018-11-11}}</ref> Nicknamed '''A.K.''', {{As of|2011|alt=currently}} he is estimated to have a net worth of US$5.8 billion<ref>{{Cite news|url=https://www.forbes.com/profile/ananda-krishnan/?list=malaysia-billionaires#1e075fff7f4b|title=Ananda Krishnan|work=Forbes|access-date=2018-11-11|language=en}}</ref> according to ''Forbes''{{'}} latest annual list of wealthiest people, making him the third-wealthiest in Malaysia and number 217 in the world.<ref>{{Cite news|url=https://www.forbes.com/profile/ananda-krishnan/|title=Ananda Krishnan|work=Forbes|access-date=2018-11-11|language=en}}</ref>

Ananda Krishnan shuns public exposure<ref name="who">{{cite web|title= Who is Ananda Krishnan?|url=http://sundaytimes.lk/070527/News/nws14.html|date=27 May 2007|publisher=Sundaytimes |accessdate=26 May 2008| archiveurl= https://web.archive.org/web/20080513230444/http://sundaytimes.lk/070527/News/nws14.html| archivedate= 13 May 2008 | url-status= live}}</ref> and is known to maintain a low profile for a person of his stature.

The [[Central Bureau of Investigation|Central Bureau of Investigation of India]] sought arrest warrants for Ananda Krishnan for [[money laundering]]<ref name="warrants">{{cite web|title= India's CBI seeks arrest warrants for Ananda Krishnan, three others |url=http://www.thestar.com.my/news/nation/2016/08/02/india-central-bureau-investigations-arrest-warrants-against-ananda-krishnan/|date=2 August 2016|last=Kanyakumari|first=D.|work=The Star |accessdate=2 August 2016}}</ref> and was involved with financing the controversial [[1Malaysia Development Berhad|1MDB]].<ref name="loan">{{cite web|title= 1MDB repays RM2b loan arranged by tycoon Ananda Krishnan |url=http://m.malaysiakini.com/news/338229 |date=18 April 2016|publisher=Malaysiakini |accessdate= 18 April 2016 | url-status= live}}</ref>

==Biography==
Ananda Krishnan was born in 1938 in [[Brickfields]], Kuala Lumpur. Ananda Krishnan has his roots in Jaffna.<ref>{{Cite news|url=https://economictimes.indiatimes.com/news/company/corporate-trends/what-is-it-about-billionaire-t-ananda-krishnan-that-india-has-so-much-interest/articleshow/8907977.cms|title = What is it about billionaire T Ananda Krishnan that India has so much interest|newspaper = The Economic Times}}</ref> He studied at Vivekananda Tamil School in Brickfields and furthered his studies at [[Victoria Institution]], Kuala Lumpur. Later, as a [[Colombo Plan]] scholar, he attended the [[University of Melbourne]], Australia for his B.A. (Honours) degree majoring in political science. During that time he boarded in the [[Melbourne]] suburb of [[Hawthorn, Victoria|Hawthorn]]. Following that, Krishnan obtained a [[Master of Business Administration|Masters in Business Administration]] from [[Harvard Business School]], graduating in 1964.<ref name=A&A>{{cite web|title= Ananda Krishnan |url=https://www.forbes.com/lists/2006/10/YK1N.html|work=[[Forbes]] |accessdate=26 May 2008| archiveurl= https://web.archive.org/web/20080518063321/http://www.forbes.com/lists/2006/10/YK1N.html| archivedate= 18 May 2008 | url-status= live}}</ref>

Krishnan is a follower of [[Buddhism]].

Krishnan has two daughters and a son who is also a [[Theravada]] Buddhist monk known as Ajahn Siripanyo.<ref name="monk flew">{{cite web|title=The monk who flew in a jet |url=http://www.businessbhutan.bt/?p=3954 |publisher=Business Bhutan |date=1 January 2011 |archiveurl=https://web.archive.org/web/20160720090028/http://businessbhutan.bt/the-monk-who-flew-in-a-jet/ |archivedate=20 July 2016 |url-status=live |accessdate=25 December 2015 }}</ref><ref>{{cite web|title=Ananda Krishnan makes time for son|last=Chow|first=Tan Sin|url=http://www.thestar.com.my/news/nation/2012/04/24/ananda-krishnan-makes-time-for-son/|date=24 April 2012|work=The Star |accessdate=25 December 2015}}</ref>

==Entrepreneurship==
Krishnan's first entrepreneurial venture was a [[Malaysia]]n consultancy MAI Holdings Sdn Bhd. He set up Exoil Trading, which went on to purchase oil drilling concessions in various countries. Later, he moved into gambling (in Malaysia). In the early part of the 1990s, he started diversifying into the multimedia arena.

Currently, he has business interests in media ([[Astro (television)|Astro]], Johnston Press Plc), satellite ([[MEASAT Satellite Systems|MEASAT]], [[SES S.A.|SES]]), oil and gas (Bumi Armada, Pexco), telecommunications ([[Maxis Communications|Maxis]], [[Aircel]], [[AXIS Telekom Indonesia|Axis]], [[Sri Lanka Telecom]]). He owns stakes in [[Tanjong|Tanjong Public Limited Company]], an investment holding company with subsidiaries involved in power generation ([[Powertek]]), gaming (Pan Malaysian Pools), leisure (tropical islands, [[TGV Cinemas]]) and property (67% Maxis Tower etc.).

== Multimedia ==
Krishnan first came to prominence by helping to organise the Live Aid concert with Bob Geldof in the mid-1980s. In the early 1990s, he began building a multimedia empire that now includes two telecommunication companies—[[Maxis Communications]], [[MEASAT Satellite Systems|MEASAT Broadcast Network Systems]] and [[SES World Skies]]—and has three communication satellites circumnavigating the earth.

He effected the purchase of 46% of [[Maxis Communications]], the country's largest cellular phone company, from [[América Móvil]], [[AT&T Corporation]], [[BT Group|British Telecom]], [[Proximus Group|Belgacom]], [[Ooredoo]], [[Orange S.A.]] and [[KPN|Royal KPN N.V.]] for $1,180 million—raising his stake to 70%. Maxis has more than ten million subscribers, with around 40% market share in Malaysia. He also owns stakes in [[Aircel]], [[AXIS Telekom Indonesia|Axis]] and [[Sri Lanka Telecom]].

In an agreement between [[Astro (Malaysian satellite television)|Astro]] and India's [[Sun Network]], Krishnan plans to produce TV channels which cater to the Indian market, especially [[Tamils|Tamil people]] in countries such as US, Western Europe and the Middle East. He also plans to offer TV services featuring Web-based interactivity. Ananda Krishnan owns stakes in [[TVB]].com and the [[List of Shaw Brothers films|Shaw Brothers]] movie archives.

== Philanthropy ==
Ananda Krishnan donates to education, the arts, sports and humanitarian causes in Malaysia through his company Usaha Tegas, and its subsidiaries.<ref>{{Cite news|url=http://www.focusmalaysia.my/Mainstream/charitable-tycoons|title=Charitable tycoons|work=Focus Malaysia|access-date=2018-11-12}}</ref>

In 2003 Krishnan's Usaha Tegas launched the Harapan Nusantara education fund. Since 2004 the fund has sponsored 100 students a year to attend special programs at local private universities that collaborate with foreign universities.<ref>{{Cite web|url=https://www.thestar.com.my/news/nation/2003/06/26/harapan-nusantara-puts-up-rm100m-to-benefit-malay-students/|title=Harapan Nusantara puts up RM100m to benefit Malay students - Nation {{!}} The Star Online|website=www.thestar.com.my|access-date=2018-11-15}}</ref> In the same year the company also started the Yu Cai Education Foundation with a grant of $6.6 million to help ethnic Chinese groups.<ref>{{Cite news|url=https://www.forbes.com/global/2010/0315/philanthropy-technology-telecom-malaysia-billionaire-ananda-krishnan.html#410807fd77c5|title=Malaysia's Telecom Billionaire Gives Back|last=Mertens|first=Brian|work=Forbes|access-date=2018-11-15|language=en}}</ref>

In 2006 Ananda Krishnan's media company Astro introduced its scholarship program, promising to devote an annual RM2 million to support promising Malaysian undergraduate and graduate students studying media and broadcasting.<ref>{{Cite web|url=https://www.thestar.com.my/news/community/2006/11/30/astro-support-for-ad-industry-hailed/|title=Astro support for ad industry hailed - Community {{!}} The Star Online|website=www.thestar.com.my|access-date=2018-11-15}}</ref>

In 2008 he contributed to the opening of the Montfort Girls Centre to help orphaned and underprivileged girls develop their vocational skills.<ref>{{Cite news|url=https://www.forbes.com/global/2010/0315/philanthropy-technology-telecom-malaysia-billionaire-ananda-krishnan.html#fe1863b77c50|title=Malaysia's Telecom Billionaire Gives Back|last=Mertens|first=Brian|work=Forbes|access-date=2018-11-26|language=en}}</ref>

In 2010 Krishnan was featured on the Forbes list of 48 Heroes of Philanthropy.<ref>{{Cite news|url=https://www.forbes.com/global/2010/0315/philanthropy-gautschi-krishnan-nilekani-heroes-of-philanthropy_slide.html|title=In Pictures: 48 Heroes of Philanthropy|last=Staff|first=Forbes|work=Forbes|access-date=2018-12-04|language=en}}</ref>

In January 2015 Ananda Krishnan and the Usaha Tegas Group launched the Yu Cai Foundation (YCF).<ref>{{Cite web|url=https://www.thestar.com.my/business/business-news/2015/01/29/ycf-to-nurture-study-of-mandarin-english/|title=Billionaire Ananda Krishnan in foundation to promote study of Mandarin and English - Business News {{!}} The Star Online|website=www.thestar.com.my|access-date=2018-12-04}}</ref> YCF provides student scholarships for Mandarin-based schools and grants to educational institutions which promote the study of vernacular languages, especially Mandarin and English.<ref>{{Cite web|url=https://themalaysianreserve.com/2017/03/31/tycoon-ananda-krishnan-launches-yu-cai-foundation/|title=Tycoon Ananda Krishnan, launches Yu Cai Foundation Noob - The Malaysian Reserve|website=themalaysianreserve.com|date=31 March 2017|language=en-US|access-date=2018-12-04}}</ref>

== See also ==
* [[List of Tamil businesspeople]]

== References ==
{{reflist}}

== External links ==
* [https://web.archive.org/web/20120615072504/http://www.theedgemalaysia.com/in-the-financial-daily/192103-usaha-tegas-group-impacting-lives.html "Usaha Tegas Group: Impacting lives"]
*[https://www.forbes.com/lists/2010/10/billionaires-2010_Ananda-Krishnan_YK1N.html Forbes List of Billionaires]
* [https://www.telegraph.co.uk/finance/markets/2790027/Malaysian-billionaire-Ananda-Krishnan-bails-out-Johnston-Press.html Malaysian billionaire Ananda Krishnan bails out Johnston Press]
* [https://web.archive.org/web/20080906162145/http://www.pr-inside.com/malaysia-and-singapore-asian-nations-of-r700593.htm Malaysia and Singapore: Asian Nations of Economic Success by Globalization]
* [http://business.timesonline.co.uk/tol/business/industry_sectors/leisure/article3867841.ece Malaysian Tycoon Ananda Krishnan reaps £120m from sale of Excel]
* [https://web.archive.org/web/20080919054657/http://sub.adoimagazine.com/blog/index.php/tag/ananda-krishnan/ WHEN TWO MEDIA TITANS CLASH]
* [https://web.archive.org/web/20081121051414/http://www.networkmalaysia.com/subtitle/article_anandak.htm Ananda Krishnan]
* [http://www.indianmalaysian.com/indian_06-06_anandakrishnan.html T. Ananda Krishnan]
* [https://economictimes.indiatimes.com/news/company/corporate-trends/what-is-it-about-billionaire-t-ananda-krishnan-that-india-has-so-much-interest/articleshow/8907977.cms What is it about billionaire T Ananda Krishnan that India has so much interest], An article on India's [[The Economic Times]]

{{Authority control}}

{{DEFAULTSORT:Krishnan, Ananda}}
[[Category:1938 births]]
[[Category:Harvard Business School alumni]]
[[Category:Malaysian Buddhists]]
[[Category:Malaysian businesspeople]]
[[Category:Malaysian chairpersons of corporations]]
[[Category:Malaysian people of Sri Lankan Tamil descent]]
[[Category:Tamil businesspeople]]
[[Category:American businesspeople of Indian descent]]
[[Category:University of Melbourne alumni]]
[[Category:People educated at Trinity College (University of Melbourne)]]
[[Category:Living people]]
[[Category:Sri Lankan Tamil businesspeople]]
[[Category:Malaysian billionaires]]
[[Category:Tamil billionaires]]
[[Category:Malaysian people of Indian descent]]

Ananda Krishnan - Revision history

->Citation bot at 07:23, 24 September 2021