Ananda Krishnan Dies: Malaysian Media & Oil Tycoon Was 86
deadline.comMalaysian billionaire Ananda Krishnan, whose businesses spanned across oil, gas and telecommunications, has died at the age of 86, his private investment company said on Thursday.
No cause of death was given. Krishnan was a founding director of state oil firm Petronas and in 2007, he led the buyout of Malaysian telecom firm Maxis, before relisting it two years later.
He also founded satellite broadcaster Astro Malaysia. He was closely associated with two-time former Malaysian prime minister Mahathir Mohamad, whom he persuaded to develop the 88-floor Petronas towers in Malaysian capital, Kuala Lumpur, in the early 1990s.
Krishnan, who also went by the nickname AK, had stakes in oilfield services provider Bumi Armada, as well as in India’s (now-bankrupt) Aircel and Sri Lanka’s SLTMobitel.
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