- India’s ‘IT Czar’, Azim Premji, is the most generous man in India donating at least ten times more money than anyone else in the country.
- Whereas, India's richest man, Reliance Industries’ Chairman Mukesh Ambani, comes third in the overall ranking.
- In 2020, the overall donations on the EdelGive Hurun India Philanthropy List, reached an all-time high of ₹9,324 crore.
- Here’s a quick look at the top 10 most generous people in India.
Philanthropic efforts by some of the richest people in India, including the likes of Mukesh Ambani, Azim Premji, and Shiv Nadar, are at an all-time high. 90 of the biggest philanthropists in India have cumulatively donated ₹9,324 crore.
The number of people who have donated more than ₹10 crore has increased by 100% over the last two years from 37 to 80, according to the Edelgive Hurun India Philanthropy List 2020.
The average age of the individuals on the list is 66, which is two years older than last year’s average. The average age is three years older than the entrepreneurs that made the cut for Hurun India’s Rich List.
“Binny Bansal is the first philanthropist under the age of 40 to enter the philanthropy list… I hope this will inspire more young wealth creators to not only donate but also to speak more about their donations,” said Anas Rahman Junaid, managing director and chief researcher at Hurun India.
Overall, there were 30 new additions to the list led by Am Naik, the chairman of Larsen & Toubro, who donated ₹76 crore.
But only seven female philanthropists are featured on the list — and none of them are in the top 10.
Where are India’s biggest billionaires donating their money?
Education was the most favoured cause accounting for 79% of the total donations recorded by Hurun and Edelgive.
It was followed by healthcare, which registered an increase of 137% over 2019 with the onset of the COVID-19 pandemic and disaster and relief management which saw a jump of 240% year-on-year.
Here’s a quick look at the biggest philanthropists in India and the donations that they have made: