As Ananda Krishnan—ranked as Malaysia’s sixth-richest person by Forbes with a net worth of US$5.1 billion—passed away, he left behind a legacy defined by his entrepreneurial prowess and philanthropic contributions.

Ananda Krishnan, one of Malaysia’s richest tycoons with a vast business empire including telecommunications, media, petroleum, and real estate, has died.

Ananda Krishnan, the elusive billionaire who rose from oil trader to one of Malaysia’s most prolific dealmakers and bankrolled the 1985 Live Aid concert, has died. He was 86.

Noted Malaysian billionaire Ananda Krishnan passed away on Thursday. Krishnans vast business empire covered multiple sectors, and one of his firms even sponsored Indian Premier League (IPL) franchise Chennai Super Kings.

The businessman, said to be a close associate of former prime minister Mahathir Mohamad, is also known for his pivotal role in the development of iconic landmarks such as the Petronas Twin Towers and its surroundings.

Malaysian billionaire Ananda Krishnan, whose business interests ranged from oil and gas to telecommunications, has died at the age of 86, his private investment company said.

Malaysian billionaire Ananda Krishnan, whose business empire spans energy and telecommunications services, has died at the age of 86, his privately held investment company said Thursday.