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Tatparanandam Ananda Krishnan
  • NRI, rated as the second richest Malaysian, the sixth richest man of Asia is estimated to have a net worth of US$11.7 billion and number 82 in the world.
  • Tan Sri Tatparanandam Ananda Krishnan is a Tamil Malaysian of Sri Lankan Tamil origin businessman and philanthropist.

Tatparanandam Ananda Krishnan's net worth is $9.9 billion dollars

JULY 27, 2012:

Ananda Krishnan's net worth is $9.9 billion dollars which makes him one of the richest people in Malaysia.

  • Born in Kuala Lumpur, Malaysia
  • He studied at Vivekananda Tamil School, then went on to Victoria Institution, and subsequently earned his Bachelor's Degree at the University of Melbourne in Australia.
  • He then went on to Harvard Business School in the early 60s, and earned his MBA.
  • He formed a consultancy group in the late 60s, and then expanded into oil drilling, launching his own company called, Exoil Trading
  • From there, he expanded into gambling.
  • In the 80s, he was part of the team that organized "Live Aid", and from there, he quickly created a sizeable multimedia presence. Since the early 90s, he has controlled two major telecommunications companies, Maxis Communications and MEASAT Broadcast Network Systems.
  • He is the Chairman and CEO of Usaha Tegas Group Holdings and TAK Corporate Holdings, and is known for his philanthropic work with schools throughout Malaysia.

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Wrap up probe in Aircel-Maxis deal, SC tells CBI

New Delhi, April 17, 2013— The Supreme Court Wednesday asked the CBI to wrap up its probe in the Aircel-Maxis telecom deal saying that it could not go on forever.

The apex court bench of G.S. Singhvi and Justice K.S. Radhakrishnan asked the probe agency to proceed prima facie on the basis of the material before it if Malaysia, where company Maxis is based, did not take a decision on sharing information with India.

Senior counsel K.K. Venugopal, appearing for the Central Bureau of Investigation (CBI), was asked by the court: "What would happen if Malaysia fails to take a decision" on the criminality involved in the Aircel-Maxis deal.

The CBI is investigating whether Sivasankaran - the original owner of telecom company Aircel - was forced by former telecom minister Dayanidhi Maran to sell off his entire stake in the company to Malaysia-based company Maxis, owned by T. Ananda Krishnan.

After Sivasankaran sold his stakes to Maxis, a Mauritius-based company allegedly made big investments in the Maran family-owned Sun Direct channel.

The apex court noted that Aircel's original owner Sivasankaran made six applications seeking spectrum. His applications were not entertained by the department of telecommunications (DoT), then under Maran, but things started moving soon after he sold his entire stakes in Aircel and to Maxis.

The CBI had told the apex court Nov 7, 2012 that it had completed its investigations into the allegation of wrongdoings in the Aircel-Maxi deal in the country but its foreign dimension involving source of investments from Mauritius and Malaysia were pending...IANS

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Malaysian Indian billionaire may invest in Indian venture

Kuala Lumpur, Sep 10, 2010: An ethnic Indian, rated as the second richest Malaysian, may invest $250 million in a power production venture in India.

T. Ananda Krishnan's Usaha Tegas Sdn aims to invest in KSK Energy Ventures Ltd, The Star newspaper said, quoting sources in the firm.

Usaha Tegas may provide as much as US$250 million. The closely-held group might split the funds between KSK Energy and its power projects, and was likely to later increase its investments.

Investing in KSK Energy may help Krishnan, 72, tap the demand in the world's third-fastest growing major economy as the nation builds power plants to reduce blackouts.

India is studying options to set up a Rs.500 billion ($11 billion) power infrastructure fund to facilitate the construction of electricity generation capacity.

Krishnan is Malaysia's richest person after Robert Kuok, with his wealth estimated at $8.1 billion, according to Forbes magazine.

The billionaire controls Maxis Bhd, Malaysia's biggest mobile-phone operator, and has interests in real estate, marine transport and oil and gas companies.

KSK Energy operates four thermal power plants with a combined capacity of 279 MW, has three facilities aggregating 4,183 MW under construction and plans to build three plants of 5,400 MW, according to its website......IANS

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Jalan Ampang land at Kuala Lumpur, is one of the great assets of the Ananda.

 

 

 

 

 

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T. Ananda Krishnan

  • The sixth richest man of Asia and a successful business tycoon, “Tatparanandam Ananda Krishnan” was born in Kuala Lumpur, Malaysia to Tamil parents of Sri Lankan origin. The entrepreneur’s “Maxis Communications” company and diversified business interests has made him one of the wealthiest business magnate in Southeast Asia. An MBA from the prestigious “Harvard University”, Ananda shuns public exposure and keeps a low profile compared to his affluent status.The Malaysian tycoon has also topped the news headlines for the controversial telecom deal “Aircel-Maxis”. 
    Starting as an oil trader, Ananda’s first entrepreneurial venture was “Exoil Trading” dealing in oil trading concessions. After dealing in gambling, stud farming and a cartoons studio, the innovative industrialist expanded his business interests to get the biggest holding “Maxis Communications”, Malaysia's principal cell phone service provider, with more than 11 million subscribers, generating revenue of $8.9 billion. Currently, his private unit “Usaha Tegas” holds stakes in “Tanjong Public Limited Company” which operates a chain of subsidiaries including power generation (Powertek), property, lottery gaming (Pan Malaysian Pools) and leisure.
    The billionaire business man has a net worth of $7.6 billion and holds business interests in property development, satellites and communications, oil trading and gaming. Ananda is a real property lover, which is evident from his acquisition of the 1,800 hectare property “Kia Ora”, the billionaire’s multimillion dollar house near the rural town of Scone, and other properties in London, Kuala Lumpur and France. The richest Tamilian also adores going on fishing trips on a luxury yacht. Ananda’s privately held holding unit “Usaha Tegas” provides vital contributions to various causes, including education, sports and arts. On the personal front, the billionaire business magnate is married and has three children.