An Indian tops the century’s world's charity list, What if I tell you this:

Yes, it's well over $100 Billion. As per today’s Dollar valuation, it comes to Indian Rs 7,40,000 Crores.

Yes, you might have guessed the answer already, it is common that we think Bill Gate or Warren Baffet, as per the latest Harun list it's our own TATA, the Jamsetji Tata is a philanthropist of the century with $102 billion in donations.

You are well aware of TCS, TATA Safari, TATA salt, TATA Steel, etc etc. Yes this is the house of business whose founder has topped the list.

He has emerged as the top philanthropist in Edelgive Hurun India’s list of philanthropists of the century, advancing the likes of Bill and Melinda Gates, Warren Buffet, Henry Hughes and George Soros.

Who is Jamsetji Tata?

He is the founder of the $200-billion Tata conglomerate, he is the one who founded what would later become the Tata Group of companies. He is regarded as the legendary "Father of Indian Industry”.

He was so influential in the world of industry that Jawaharlal Nehru referred to Tata as a One-Man Planning Commission.

Rupert Hoogewerf, chairman and chief researcher of Hurun Report said in a press statement, “Whilst American and European philanthropists may have dominated the thinking of philanthropy over the last century, Jamsetji Tata, founder of India’s Tata Group, is the world’s biggest philanthropist”.

Ya this is a celebration being Indian.

Charity is also referred to as philanthropy. Philanthropy means a practice of helping the poor and those in need, especially by giving money. But there is a difference between charity and philanthropy.

While charity is focused on providing immediate relief to people and is often driven by emotions, philanthropy is focused on helping people and solving their problems over the long term. The philanthropy projects are run by big and well-managed organisations, in India we have few families who do such philanthropic activities,

TATA Trusts

Azim Premji and Family

HCL Technologies founder chairman, Shiv Nadar & family

Ajay Piramal and Family

(https://thecsrjournal.in/india-top-philanthropists-csr-donors-in-2020/)

Do you know?

66% of Tata Sons’ equity is held by the Tata Trusts and dividends flow directly to support the philanthropic work of the Trusts (https://www.tata.com/community).

This article is written by:

Maaz Mohammed A.Q

Co-Founder and strategist

Credence Learning Foundation

For further reading and source please refer the below source:

https://m.economictimes.com/markets/stocks/news/not-the-gates-jamsetji-tata-is-philanthropist-of-the-century-with-102-bn-in-donations/articleshow/83774898.cms

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