HCL’s Nadar tops FY19 Hurun philanthropy list with Rs 826-cr contribution
HCL Technologies Chairman Shiv Nadar topped the list of India’s most generous philanthropists. He contributed Rs 826 crore during the financial year 2018-19 (FY19).
Wipro founder Azim Premji was second with Rs 453 crore. Reliance Industries Chairman Mukesh Ambani was third with Rs 402 crore, according to the EdelGive Hurun India Philanthropy List 2019 released on Monday.
“Three key trends emerge from this year’s edition. First, as the rich Indians get richer, their contribution to the philanthropic causes too witness a jump. Two, there remains a lot of potential for corporate India to grow well by doing good. Case in point, the contribution from the top 10 individuals on the list account for 61 per cent. In other words, the remaining 90 individuals account for 39 per cent.