This business tycoon was the world’s most charitable man; he donated Rs 829734 crore – No it’s not Mukesh Ambani, Ratan Tata, Azim Premji, or Shiv Nadar (2024)
Jamsetji Tata named world’s most charitable, beats Bill Gates
The title of the world’s most generous individual goes to an Indian who outshines renowned figures like Mukesh Ambani, Ratan Tata, Azim Premji, and Shiv Nadar. According to the EdelGive Foundation and Hurun Report 2021, the founder of Tata Group, Jamsetji Tata, has been recognized as the most charitable person of the past century, having donated a staggering Rs 829,734 crore.
This surpasses contributions from other global philanthropists, including Bill Gates, who secured the second position.
Jamsetji Tata directed a significant portion of his philanthropy towards the fields of education and healthcare, initiating his charitable endeavors as early as 1892. Although he passed away in 1904, his legacy lives on through Ratan Tata, the Chairman Emeritus of Tata Group, who continues to oversee the philanthropic activities of the conglomerate.
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Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report, noted that many philanthropists, including the likes of the Ford Foundation, originated from the second generation rather than the first. This observation highlights the enduring impact of familial commitment to charitable causes.
Among the Top 50 global philanthropists, only one other Indian made the list: Azim Premji, the founder of Wipro, who generously donated USD 22 billion. Born into a Zoroastrian Parsi family in Gujarat, Jamsetji Tata defied financial challenges and family traditions by venturing into business.
His marriage to Hirabao Daboo resulted in two sons, Dorabji Tata, and Ratanji Tata, the latter of whom now steers the philanthropic course of the Tata Group.
Meet world's most charitable man, an Indian who donated Rs 829734 crore, not Mukesh Ambani, Ratan Tata, Azim Premji. Jamsetji Tata
Jamsetji Tata
Jamshedji Nusserwanji Tata (3 March 1839 – 19 May 1904) was an Indian industrialist and philanthropist who founded the Tata Group, India's biggest conglomerate company. He established the city of Jamshedpur.
According to the EdelGive Foundation and Hurun Report 2021, the founder of Tata Group, Jamsetji Tata, has been recognized as the most charitable person of the past century, having donated a staggering Rs 829,734 crore.
HCL Technologies' Shiv Nadar retained the title of 'India's most generous' for the third straight year as he donated ₹2,042 crore during the fiscal year 2022-23, as per EdelGive Hurun India Philanthropy List 2023.
Employment Type. Not Bill Gates or Warren Buffett, but Indian industry's doyen Jamsetji Tata has emerged as the biggest philanthropist globally in the last 100 years by donating $102 billion, as per a list of top-50 givers prepared by Hurun Report and EdelGive Foundation.
1- Jamsetji Tata: With donations totalling worth US$102.4bn, Father of the Indian Industry Jamsetji Tata (1839-1904) became the world's biggest philanthropist in the last 100 years. His total philanthropic value is made up of 66% of Tata Sons, estimated at US$100bn, solely based on the value of listed entities.
Jamshedji donated generously mainly for education and healthcare. He was named the greatest philanthrope of the 20th century by EdelGive Foundation and Hurun Research India. He topped the list of the world's top philanthropists of the 20th century with an estimated donation of $102 billion adjusted for inflation.
Fighting for kids since 1982. When Newman's Own first began, Paul Newman declared that 100% of the profits would go to good causes. The mission continues today through Newman's Own Foundation.
Musk donated $1.95 billion worth of Tesla shares to charities in 2022 and $5.74 billion in 2021, according to filings with the Securities and Exchange Commission (SEC). The Musk Foundation, like all charitable organizations, is mandated by law to allocate a minimum of 5% of its assets annually.
Despite having died in 1904, Jamsetji Tata still retains the title of the world's most generous philanthropist. A pioneering Indian industrialist, Jamsetji founded the Tata Group and remained committed to making a positive societal impact with his company and his wealth throughout his life.
MacKenzie Scott, the author and philanthropist, says she has given away more than $4 billion in the last four months. "This pandemic has been a wrecking ball in the lives of Americans already struggling," Scott wrote in a post on Medium announcing the donations.
Among India and Asia's richest, the billionaire Ambani family has donated ₹2.51 crore to the Janmabhoomi Teerth Kshetra Trust, as per reports. "Mukesh Ambani, along with his family members, has donated ₹2.51 crore to the Ram Janmabhoomi Teerth Kshetra Trust.
Tata Sons is the owner of the Tata name and the Tata trademarks, which are registered in India and several other countries. It is one of the largest conglomerates in the Indian subcontinent.
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