One of the world’s greatest philanthropists and investing minds of South Asian heritage is Malini Saba. Saba is the chairman of Saban, a global enterprise that invests around the world in technology companies. Some of its notable interests are in the US oil industry, the gas industry in China, and the housing markets in India, and Australia. Malini Saba has chosen to spend much of her wealth generated through business on charity. Years ago she created a charitable organization called “Stree: Global Investments in Women” which has the mission of impacting the way women with low financial resources view themselves and to improve their access to life’s necessities.
Stree has been very successful in helping women since 2001 and it was recognized both by Queen Noor of Jordan and US President Bill Clinton. They congratulated Malini Saba on empowering women legally, improving women’s access to healthcare, and for helping to connect people through grassroots movements on multiple continents. Malini Saba‘s giving does not stop there however, she has given away far more money to other organizations.
Malina Saba is passionate about the health of South Asian people and so back in 2005 she donated $1 million to the Heart Research Center for South Asians in California. Also, when Sri Lanka was hit by a tsunami back in 2004 she donated $10 million to victims of that tragic incident.
Since the beginning of her career, Malini Saba has been a financially savvy person. She was a venture capitalist in the 1990s. At that time she made investments in Paypal, Sycamore Networks, and Netscreen technologies. The latter two companies are now worth billions of dollars and Saba profited heavily by wisely getting in early. When she was younger she wanted to join a venture capitalist group but she was met with repeated rejection. She did not give up on her goals and she founded her own investment company, Saban. Malini Saba’s success is due in part to her forward-looking nature. She does not look at the world as it is today but rather she thinks about how the world will be 3 to 5 years in the future based upon what is happening now. This led her to invest in the Indian real estate market in the early 2000s which paid off immensely over the years. Malini Saba says that the number one influence has been Steve Jobs and she respects him because he was a fighter and strives to be as great as he was.