Press Release

  • Ratan Tata, Azim Premji To Shiv Nadar: Here's The List Of Top Philanthropists In India

    usinessmen in India have been at the forefront of philanthropy in the country and have donated a significant portion for various causes, including education, health and environment. Forbes’ philanthropy list has also features various Indian businessmen for their personal commitments. In 2022, a total of 15 individuals in India made an annual donation of over Rs 100 crore, 20 donated over Rs 50 crore and 43 over Rs 20 crore. Here are some of the philanthropists in India:

    Shiv Nadar

    Self-made billionaire and philanthropist Shiv Nadar, who is the co-founder of HCL Technologies, is among the top donors in India. He has committed about $1.1 billion of his wealth over a few decades to various social causes through the eponymous Shiv Nadar Foundation, according to Forbes.

    His per-day donation in 2022 was about Rs 3 crore. Till 2022, he donated about Rs 1,161 crore, mostly to the cause of education. His foundation’s trustees include his wife Kiran Nadar, daughter Roshni Nadar Malhotra and son-in-law Shikhar Malhotra.

     

    Mukesh Ambani

    Reliance Industries Chairman Mukesh Ambani in 2022 donated about Rs 411 crore for many causes, especially education. During the second wave of the COVID-19 pandemic, Reliance also produced 1,000 tonnes of oxygen a day and gave over eight crore free meals to frontline workers, as per various reports.

    Ratan Tata

    Ratan Tata, who is the younger son of Jamsetji Tata, is one of the major philanthropists in India. He has donated significant portion of his wealth. In 1919, the Ratan Tata Trust was established with a corpus of Rs 80 lakh, which currently exists as one of India’s oldest and most respected charity foundations.