SHIV NADAR CROWNED ‘MOST GENEROUS INDIAN’ FOR THE FIRST TIME
KRIS GOPALAKRISHNAN OF INFOSYS SHOOTS INTO SECOND PLACE WITH INR 313 CR DONATION
KIRAN MAZUMDAR SHAW – THE ONLY SELF MADE WOMAN PHILANTHROPIST IN THE HURUN INDIA PHLANTRHOPY LIST 2016
ALL, BUT ONE OF THE PHILANTHROPISTS ARE ALSO LISTED IN THE HURUN INDIA RICH LIST 2016
Hurun Report launches the fourth edition of Hurun India Philanthropy List
(28 MARCH 2017, Mumbai) The Hurun Research Institute today released the Hurun India Philanthropy List 2016, a ranking of the most generous individuals from India. Donations were measured by the value of their cash or cash equivalent from 1 January 2016 to 31 December 2016. This is the fourth year of the list and it follows on from the Hurun India Rich List, a ranking of 339 richest individuals in India, released in September 2016 for the fourth year.
With the same cut-off as last year of INR 10 Cr, the Hurun India Philanthropy List has 27 individuals, down by 9 from last year.
HCL founder Shiv Nadar (71) tops the Hurun India Philanthropy list with INR 630 Crores donation towards education.
Infosys co-founder Kris Gopalakrishnan (61) and wife, Sudha Gopalakrishnan came in second with a donation of INR 313 Crores primarily towards healthcare, social development and education.
Mukesh Ambani (59) of Reliance-The Business Mogul, came in third with a donation of INR 303 Crores made towards causes such as education, rural development, sports , health and has also contributed to Swach Bharat.
Ajay Piramal (61), donated INR 111 Crores towards education, healthcare rural development and women empowerment.
Kiran Mazumdar-Shaw (63) of CMD Biocon and the only self-made woman entrepreneur in the list, donated INR 45 Crores to healthcare, education and social development.
Accounting for 35% of the donations, education remains the most favored philanthropic cause.
With 10 individuals, Mumbai is home to most of the Hurun philanthropists, followed by Bengaluru and Delhi.
The average age is 65 years, four years older than the average age of the Hurun India Rich List 2016.
With a donation of INR 21 Crores, Kumar M Birla (49) of Aditya Birla Group is the youngest philanthropist on the list; eldest being Pallonji Mistry (87) of Shapoorji Pallonji Group who contributed INR 68 Crores.
With 9 dropouts from the list, Indian philanthropy is at INR 2,566 Crores, with an average donation per philanthropist being INR 95 Crores.
19 Self-made and 8 Inherited in the Hurun Philanthropy List 2017
Only 2 women philanthropists compared to 4 last year.