Gautam Adani: Adani promised Rs 60,000 crore in charity. India Business News – Times of India

Mumbai: Adani group president Gautam Adani Committed to donate Rs 60,000 crore ($7.7 billion) for social causes. Adani’s funds will be managed by the Adani Foundation, making it one of the largest transfers to a charitable trust in India.
Adani said, “Apart from being the 100th birth anniversary of my inspiring father, this year also marks my 60th birthday and hence, the family decided to contribute Rs 60,000 crore towards charitable activities.” The family has shown a strong philanthropic interest in health, education and skill development, especially in rural areas of India.

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Adani, who turns 60 this Friday, has an estimated net worth of $96 billion and is among the top 15 richest people in the world. Forbes, A first generation entrepreneur, Adani’s interests span ports, power, commodities and cement. He owns India’s largest Mundra Port in his home state of Gujarat, and is the newly anointed cement king, which has announced the acquisition of Holcim India for $10.5 billion.
In FY21, Adani donated Rs 130 crore for disaster relief, making it eighth on the EdelGive Hurun India Philanthropy List. While the Adani Foundation donated Rs 122 crore to fight the coronavirus pandemic across the country.
With the latest move, Adani joins notable pledgers like meta (Facebook parent) CEO Mark Zuckerberg, Berkshire Hathaway CEO Warren Buffett and Blackstone CEO Stephen Schwarzman who have committed a significant portion of their wealth to philanthropy.
Wipro Chairman azim premji, who is also India’s top philanthropist, said, “Gautam Adani and his family’s commitment to philanthropy should set an example that we can all follow Mahatma Gandhi’s principle of trusteeship of wealth to live up to the peak of our commercial success.” Can try and need not wait for us. Years of Sunset.” In the financial year 2021, Premji donated Rs 9,713 crore, mainly to education, said the EdelGive Hurun India Philanthropy report.