Patrick Frater Asia Bureau Chief 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.
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