Some of the richest people globally donate a large portion of their wealth Property Each year to support various causes like education, health care and others. according to Edelgive-Hurun India Philanthropy List 2024Indian philanthropists donated a total of Rs 8,783 crore in FY2024, a 4 percent increase from Rs 8,445 crore given in 2023, and a massive 55 percent increase from Rs 5,623 crore in 2022. The top 10 in the list collectively contributed Rs 4,625 crore. Most of the donations went away educational 123 philanthropists donated Rs 3,680 crore, followed by healthcare which received Rs 626 crore. The number of philanthropists donating more than Rs 100 crore has increased from just two in 2018 to 18 in 2024.
The most generous of the 96 newcomers to the list this year is the founder of Indo-MIM Technology Krishna ChivukulaWho donated Rs 228 crore to his alumnus IIT Madras. The 96 new people included in the list together donated Rs 1,556 crore. The biggest increase in donations came from Infosys non-executive chairman Nandan Nilekani, who donated Rs 118 crore. Nikhil Kamath, 38, of Zerodha, who donated Rs 120 crore, is the youngest philanthropist in the list.
Meet the Indian philanthropist with a net worth of over Rs 3 lakh crore who donated nearly Rs 6 crore every day in FY24; This is not Mukesh Ambani or Gautam Adani
Founder and former Chairman of HCL Technologies, Shiv Nadar Emerged as India’s most generous person in the list. The 79-year-old, who currently serves as the chairman of Shiv Nadar Foundation, donated Rs 2,153 in FY2024, which is a quarter of the total amount donated. His contribution of Rs 2,153 means he donated around Rs 6 crore every day. A large amount of this donation went to the education sector. According to the same report, Nadar was also the most generous person in India in 2019 and 2022.
Nadar, who founded HCL in a garage with five others in 1976, is one of India’s richest people, with an estimated net worth of $40.5 billion (over Rs 3 lakh crore). forbes and publicly available data. In 2020, he stepped down as Chairman of HCL Technologies, a position taken over by his daughter. Roshni Nadar MalhotraHCL Technologies, which initially made calculators and microprocessors, is today a global IT giant with revenues of $13.4 billion (over Rs 1 lakh crore). forbes,
Shiv Nadar has prioritized education in his philanthropic initiatives over the years. In 1996 he established SSN College of Engineering ChennaiAccording to , it was named after his father Sivasubramaniam Nadar, where he also donated HCL shares worth Rs 10 lakh. Times Now,
Shiv Nadar Foundation also established a network VidyaGyan schools Its aim is to support rural students. In 2008, the foundation opened two VidyaGyan schools in Uttar Pradesh, providing scholarships to 200 students from 50 districts.
In 2011, Nadar revisited his former school, Town Higher Secondary School, and donated computers and other resources worth Rs 80 lakh. He also served as Chairman of the Board of Governors IIT Kharagpur Till 2014.
Other names in the list of most generous Indians
The top 10 donors contributed a total of Rs 4,625 crore in FY24. Shiv Nadar leads this list Mukesh Ambani and families, who donated Rs 407 crore through the Reliance Foundation. At the same time, Bajaj family is in third place with a donation of Rs 352 crore. Kumar Mangalam Birla And Family is at fourth place with Rs 334 crore. Gautam Adani and family are at fifth position by contributing Rs 330 crore. The remaining top donors are Nandan Nilekani (Rs 307 crore), Krishna Chivukula (Rs 228 crore), Anil Agarwal and family (Rs 128 crore), Susmita and Subroto Bagchi (Rs 179 crore), and Rohini Nilekani (Rs 154 crore).
