Categories: Ranks & Reports

Gautam Adani and 2 other Indian billionaires on Forbes Asia Heroes of Philanthropy list

Billionaires Gautam Adani, HCL Technologies’s Shiv Nadar, and Happiest Minds Technologies’ Ashok Soota are the three Indians who have been named in the 16th edition of the annual list. The list highlights the region’s top philanthropists who have demonstrated a strong personal commitment to causes such as education and the environment.

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Malaysian-Indian Brahmal Vasudevan, founder and CEO of Kuala Lumpur-based private equity firm Creador, and his lawyer wife, Shanthi Kandiah, support local communities in Malaysia and India through the Creador Foundation, a non-profit they co-founded in 2018. In May this year, they pledged to donate 50 million Malaysian Ringgit (USD 11 million) to help build a teaching hospital at the Universiti Tunku Abdul Rahman (UTAR) Kampar campus in Perak state.

Why these 3 are included in the list:

Adani Group chairman Gautam Adani was listed for having pledged Rs 60,000 crores ($7.7 billion) when he turned 60 in June this year with the pledge making him one of India’s most generous philanthropists. The money will address healthcare, education, and skill development and will be channelled through the family’s Adani Foundation, which was founded in 1996.
Self-made billionaire and philanthropist Shiv Nadar counts among the top donors in India, having channelled close to $1 billion of his wealth over a few decades to various social causes through the eponymous Shiv Nadar Foundation. This year he donated Rs 11,600 crore ($142 million) to the foundation he established in 1994, intending to create an equitable, merit-based society by empowering individuals through education.
Tech tycoon Ashok Soota has pledged Rs 600 crore (USD 75 million) to the medical research trust he founded in April 2021 for the study of ageing and neurological illnesses. He started SKAN— Scientific Knowledge for Ageing and Neurological ailments—with a ₹200 crore outlay, which he has since tripled.

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Sumit Arora

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