Ananda Krishnan , one of Malaysia's wealthiest individuals with a business empire spanning telecommunications, satellites, media, oil, gas, and real estate, passed away, according to a statement from his private investment firm, Usaha Tegas . His only son, Ven Ajahn Siripanyo , recently made headlines by renouncing his claim to a $5 billion inheritance at the age of 18 to dedicate his life to Buddhist monasticism. The firm highlighted his contributions, stating, "He has made significant contributions to nation-building and the corporate world; and his philanthropic initiatives have touched many lives.
" Krishnan, often referred to as AK, was Malaysia’s third-richest individual, with a net worth exceeding ₹40,000 crore (over US$5 billion), according to the South China Morning Post. Beyond his corporate achievements, he was a philanthropist and a devout Buddhist, values reflected in his family’s approach to life. Ajahn Siripanyo: From Heir to Monk Ven Ajahn Siripanyo, Ananda Krishnan’s only son, shocked many by forgoing a $5 billion inheritance to embrace monastic life at the age of 18.
His choice was rooted in Buddhist principles and supported by his father’s own devout beliefs. The South China Morning Post quoted a family source saying, "Ajahn Siripanyo’s choice was entirely his own, and it is respected within the family." Finance Tally Prime & GST Accounting: Complete Guide By - CA Raj K Agrawal, Chartered Accountant View Program Web Development Intermediate Java .
