In an industry dominated by men, Malini Saba has found great success. Malini Saba is the founder of Saban, an investment company with interests in technology, oil, and real estate companies. Saba was born to Sri Lankan parents in Kuala Lumpur, Malaysia and raised in Australia. At 19, she and her husband moved to the United States with $200 and rented a cheap apartment near Stanford University so her husband could attend school there.
While Saba’s husband attended classes, she took advantage of her husband’s student status at Stanford to attend free lectures at the university. She became interested in finance and attended gatherings with investment bankers in order to meet bankers and pick their brains. Saba was soon investing in the stock market with money she saved over the years.
Saba earned great success as an investor and developed a passion for helping other women around the world to succeed in roles formerly dominated by men. In 2001, she founded Stree: Global Investments in Women. Stree is Saba’s philanthropic venture to provide women with healthcare and legal assistance in order to change the way women view themselves and their role in society. Stree, which was inaugurated by former President Clinton and Queen Noor of Jordan, targets low income women and children who live in at-risk situations. It funds operations for women’s empowerment in Africa, Central America, India, and Eastern Europe.
Saba has continued her philanthropic efforts over the years to improve the quality of life for South Asians. After the 2004 tsunami of India and Sri Lanka, Saba toured the area and gave $10 million to help the victims to recover from the disaster the wreaked havoc across the two countries. In 2005, Saba donated $1 million to El Camino Hospital in Mountain View, CA for the Heart Research Center for South Asians. The center aims to improve the health of Southern Asians who are at a much higher risk than other populations at developing heart disease and diabetes, despite living healthy lifestyles. The center offers preventative screening and researches ways to reverse the statistics and improve and extend the lives of South Asians.
Malini Saba continues to strive for success in investing and improve the lives of many others from Southern Asia. She aims to help improve the challenges for South Asians worldwide for current and future generations.