Adani
English

Gautam Adani, Asia’s richest, pledges ₹60,000 crore for social causes

Gautam Adani, Asia’s richest person, and his family have pledged to donate ₹60,000 crore ($7.7 billion) to a slew of social causes, to mark his 60-th birthday.

The donation will be managed by the Adani Foundation for bolstering health care, education and skill development, Adani told Bloomberg in an interview Thursday. 

“This is one the largest transfers made to a foundation in the Indian corporate history,” he said, adding that this commitment also honors the birth centenary year of his father, Shantilal Adani.

READ | Afghanistan’s Deadliest Earthquake Since 2015 Leaves Behind A Trail Of Destruction

The Indian tycoon, a first-generation entrepreneur who turns 60 on Friday, joins the ranks of global billionaires like Mark Zuckerberg and Warren Buffett who have committed large parts of their wealth for philanthropy. With a net worth of almost $92 billion, according to the Bloomberg Billionaires Index, Adani has added a little more $15 billion to his wealth this year — the biggest gainer globally, the index shows.

Adani

The donation will be managed by the Adani Foundation for bolstering health care, education and skill development, Adani told Bloomberg in an interview Thursday. 

“This is one the largest transfers made to a foundation in the Indian corporate history,” he said, adding that this commitment also honors the birth centenary year of his father, Shantilal Adani.

The Indian tycoon, a first-generation entrepreneur who turns 60 on Friday, joins the ranks of global billionaires like Mark Zuckerberg and Warren Buffett who have committed large parts of their wealth for philanthropy. With a net worth of almost $92 billion, according to the Bloomberg Billionaires Index, Adani has added a little more $15 billion to his wealth this year — the biggest gainer globally, the index shows.

To read and know more news, now you can also follow us on social media – To follow on Twitter, type – @khas_khabar and to read news #khas_khabar live to follow on Facebook You can follow our page @socialkhabarlive.