OPEN RISK TAKER

Tatparanandam Ananda Krishnan, born on 1st April 1938 and now 78 year old. He iss a Malaysian businessman and philanthropist. He is the second wealthiest in Malaysia and number 129 in the world. Ananda Krishnan’s nicknamed is A Kand shuns public exposure and is known to maintain a low profile for a person of his stature.

Ananda Krishnan was born in 1938 in Brickfields, Kuala Lumpur. He studied at Vivekananda Tamil School in Brickfields, Kuala Lumpur 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 and obtained Masters in Business Administration from Harvard Business School. Ananda Krishnan has two daughters and a son who is also a Theravada Buddhist monk known as Ajahn Siripanyo.

Krishnan's first entrepreneurial venture was a Malaysian 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 such as Astro and Johnston Press Plc, satellite like MEASAT and SES, oil and gas at Bumi Armada and Pexco, telecommunications such as Maxis, Aircel, Axis, and Sri Lanka Telecom. He owns stakes in 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.).

Open risk taker is an individual or business that tends to behave in a way that can potentially cause physical harm or financial loss, but might also present an opportunity for a rewarding outcome. Most business types that thrive on innovation will encourage a risk taker mentality among management to help support the creative process in other staff members.

There are lots of successful individuals all over the world stands with a pillar of strength which Ananda Krishan has said  “No risks, No incomes”. Ananda is an open–risk taker in every single decision he made. Although he completely be aware of the total net costs of his investments he put in could bring his life all the way back to his fountainhead, he is willing to put risks. Krishnan are more likely to be wary that even if he lost a bet, the failure could make him a wiser person. He has sparked a prevailing controversy after one of his subsidiaries staked a claim in a telecommunication company in Sri Lanka. Nonetheless, he remained on track with his positivity and managed to survive the slight hindrance without any major disruption in his business operations.