Premji most generous Indian for third year running

New Delhi (PTI): Azim Premji, who donated Rs 27,514 crore for education is the “Most Generous Indian” for the third year running followed by Nandan Nilekani and Narayana Murthy in the second and third place, respectively.

As per the Hurun India Philanthropy List, which is a ranking of the most generous individuals from India, 70 years old Azim Hashim Premji was named as the most generous Indian as he donated Rs 27,514 crore for education.


The Azim Premji foundation is working for empowering education in India. The foundation works in eight states and has more than 3,50,000 schools.

Nandan, Rohini Nilekani and family came in second with a donation of Rs 2,404 crore, towards the cause of urban governance, public policy and education while Narayana Murthy and family donated Rs 1,322 crore for encouraging entrepreneurship, social development and education.

Meanwhile, Mukesh Ambani of Reliance Industries is sixth in Hurun India Philanthropy List.

“Ambani, the richest man in India, donated Rs 345 crore towards healthcare,” the report said.

Others in the top ten include, K Dinesh ranked fourth, who donated Rs 1,238 crore, followed by Shiv Nadar at 5th spot with Rs 535 crore in donations, Sunny Varkey & Family (7th, Rs 326 crore), Ronnie Screwvala (8th, Rs 158 crore), Rahul Bajaj & Family (9th, Rs 139 crore) and Pallonji Mistry (10th, Rs 96 crore).

The donations were measured by the value of their cash or cash equivalent from November 1, 2014 to October 31, 2015.

As per Hurun Research, there were 36 individuals, down from 50 in 2014, who donated Rs 10 crore or more. Interestingly, there were 12 new entrants and 26 drop outs.

With a donation of Rs 35 crore, Rohan Murthy (32) of Infosys is the youngest philanthropist on the list; oldest being Pallonji Mistry (86) of Shapoorji Pallonji who donated Rs 96 crore.

According to Charity Aid Foundation UK, as per the World Giving Index, India came down in its ranking from 93rd in 2013 to 106 in 2014, demonstrating an overall reduction in Indian philanthropy.

“Despite weak corporate earnings in 2015 compared to last year, the increasing speed of wealth creation seems to promise a bright future for Indian philanthropy”, Hurun Report India Business Head Anas Rahman Junaid said

1 Comment

  1. Hurun India Philanthropy List is the work of one man, Rupert Hoogewerf, “also known by his Chinese name Hu Run”. There is very little public information about this man.

    How does he know who is actually rich, and who is not?

    And who is generous and who is not?

    Obviously, when single people run such lists, there is no way to know if they have conducted any real research at all.

    Regardless, ascribing “generosity” to businessmen is like the recent case of the Facebook man who pledged everything to charity, only to be found out later that the so-called charity was just a privately company owned by himself with some vague, non-specific future intent of donating!

    People of lesser inteligence rushed to praise the Facebook man.

    Individual rich men donate possibly no more than 0.01% of what they have to charity. (Bill Gates is known to have gone beyond this figure).

    What most people do not know is that, under most tax regimes, by putting their revenues in the personally owned “charity companies”, they can potentially save 30% on tax.

    But such mundane details as the actual revenues per year, the amount paid in tax, the amount transferred to personally owned companies masquerading as charities, do not get into any of the lists.


    Despite the paucity of details provided, there will be many, including some on this forum, who will rush to praise the generosity of the individual “charity kings”.

    When will people learn how to go beyond the eye-catching headlines?

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