Shiv Nadar becomes most generous Indian in charitable works for second consecutive year: Report


Mumbai, November 2 (Language) Shiv Nadar of information technology (IT) company HCL Technologies has retained his position as the ‘most generous Indian’ this year in terms of charitable work. Their contribution to the needy during this period increased by 76 percent to Rs 2,042 crore.

According to this year’s list of Edelgive Hurun India’s top philanthropists, Wipro’s Azim Premji’s donation during this period increased by 267 percent to Rs 1,774 crore and he stood second in the list.

The richest Indian Mukesh Ambani donated Rs 376 crore to the needy this year. This is eight percent less than last year. He remained the third most generous person on the list.

The wealth of Chairman and Managing Director of Reliance Industries increased by two percent to Rs 8.08 lakh crore during this period.

Gautam Adani, the second richest Indian, moved up two places to become the fifth most generous Indian in the list. He contributed Rs 285 crore to help the needy, which is 50 percent more than last year.

In a recent report by Hurun, Adani’s wealth has been estimated at Rs 4.74 lakh crore.

According to a Hurun report published in October, Nadar’s wealth was estimated at Rs 2.28 lakh crore and he was the fourth richest Indian in the software industry. Wipro’s Premji was at 58th position with assets worth Rs 30,000 crore.

Aditya Birla Group’s Kumar Mangalam Birla retained his position as the fourth most generous Indian with a donation of Rs 287 crore.

According to the report, some individuals and families have made a jump in terms of making it to the top 10 in the list of donors. It also includes the Bajaj family as well as Cyrus S Poonawalla and Adar Poonawalla and Rohini Nilekani.

Anas Rehman Junaid, chief researcher and managing director of Hurun India, said that as wealth is expanding, charitable work at the family level is increasing. From providing essential items like food, clothing and scholarships, these people are focusing on new and underdeveloped areas.”

He said the primary aim of the list is to acknowledge the efforts made to help others and ensure that their impact reaches every section of the society.

Among women, Rohini Nilekani was the most generous woman in charitable works. Apart from this, others including Anu Aga and Leena Gandhi Tiwari of Thermax are also included in the list of donors.

Nikhil Kamat, 37, co-founder of Zerodha, a company that facilitates trading in the stock market, is the youngest donor in the list. Kamat brothers gave a total of Rs 110 crore to the needy.

L&T’s AM Naik was the biggest donor among professionals with a donation of Rs 150 crore. He was ranked 11th in the list of donors.

According to the report, there are four individuals who made annual donations of Rs 100 crore and above. A total of 119 individuals and families are included in the list.

Bhasha Raman

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