Malini Saba is one of the most formidable women in the world of investing. She’s smart, tough and committed to helping women make smart choices about how they handle their money.
Saba created her own company, Saban, in 2001. She has gas, real estate and technology interests in a number of companies in her native Malaysia and abroad. As a philanthropist, Saba is devoted to helping others – especially children of misfortune. Her non-profit organization Global Investments in women, is helping at risk and low income women and children develop self esteem and an avenue for growth.
Malini donated $1 million of her own funds in 2005 to help El Camino Hospital’s Heart Research Center get off to a great start. She also toured the devastated areas left in the wake of the 2005 Tsunami that hit both India and Sri Lanka. The $10 million donated to the region went a long way in making victims whole again.
Malini actually got her start in investing while working in Silicon Valley. She invested in a number of popular startups in the mid-90s like Paypal, Netscreen and Juniper Networks. These companies turned over a bundle and today are worth billions.
Although Malini is a very wealthy woman now, she never forgets her humble roots in Malaysia or how poor she was when she arrived in the U.S. at the age of 19.
With only $200 to her name, she and her former husband, also a struggling Stanford University student were pretty poor. “We struggled but were both determined to make it.” The marriage didn’t last, but Malini Saba was still determined to do well for herself.
She picked up every bit of information she could find about investing. She talked to successful investors then took a leap of faith. Slowly investing in oil, commodities and real estate, she started seeing returns. The oil and gas sector, especially, has made her a bundle.
This is the main reason why she chooses to give back. “I want to see other women as successful as I am. If I can do it, there is no reason why they can’t.”