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Gautam Adani, 2 other Indian billionaires in Forbes Asia Heroes of Philanthropy list

 



• Gautam Adani promised ₹60,000 crore ($7.7 billion) to celebrate his 60th birthday in June this year


Billionaire Gautam Adani, Shiv Nadar of HCL Technologies, and Ashok Soota of Happiest Minds Technologies are the three Indians named in the 16th edition of Forbes Asia's Heroes of Philanthropy list, released on Tuesday.


Gautam Adani, chairman of conglomerate Adani Group, was listed to give away ₹60,000 crore ($7.7 billion) when he turns 60 in June this year, with a pledge that makes him one of India's most generous philanthropists. The money will address healthcare, education and skill development and will be channeled through the family's Adani Foundation, which was set up in 1996.


Gautam Adani, 60, is the founder of the Adani Group, the largest port operator conglomerate in India. The Group's interests are spread across infrastructure, commodities, power generation and transmission and real estate. He has risen to prominence this year, as a flashy jump in his fortune made him one of the richest people on the planet in just a matter of months.


Self-made billionaire and philanthropist Shiv Nadar is counted among the top philanthropists in India, channeling nearly $1 billion of his wealth over a few decades to various social causes through the Shiv Nadar Foundation.


This year he donated ₹11,600 crore ($142 million) to the foundation, established in 1994 with the intention of creating an equitable, merit-based society by empowering individuals through education.


Nadar, who cofounded HCL Technologies (he steps down from executive roles at the IT services company in 2021), has helped set up educational institutions like schools and universities through the foundation, which also promotes arts and culture. Is. The trustees of the foundation include his wife Kiran Nadar, daughter Roshni Nadar Malhotra and son-in-law Shikhar Malhotra.


Tech tycoon Ashok Soota has pledged ₹600 crore (USD 75 million) to a medical research trust set up in April 2021 to study aging and neurological diseases. He started SKAN- Scientific Knowledge for Aging and Neurological diseases with an outlay of ₹200 crore, which he has tripled.


Forbes said the unranked list highlights individual philanthropists in the Asia-Pacific region who are donating their own fortunes, and devoting personal time and attention to their chosen causes, and include personal Does not include corporate philanthropy except in held companies where the individual is a majority owner.

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