Gautam Adani now ranks among India's most generous benefactors...
Digital Desk: The 16th edition of Forbes Asia's Heroes of Philanthropy list was announced today, and it included Indian billionaires Gautam Adani, Shiv Nadar, and Ashok Soota, as well as Malaysian-Indian businessman Brahmal Vasudevan and his lawyer wife Shanthi Kandiah.
According to Forbes, the unranked list "highlights top altruists in the Asia-Pacific area who demonstrated a strong personal dedication to humanitarian causes."
Gautam Adani was noted as having pledged 60,000 crores (USD 7.7 billion) when he turned 60 this June. According to the press release, the pledge places him among India's most generous benefactors.
The funds will be directed toward health care, education, and skill development through the Adani Foundation, which was established in 1996.
Shiv Nadar, a self-made millionaire and philanthropist, is one of India's most generous philanthropists, having donated about USD 1 billion of his fortune to various humanitarian causes through his eponymous Shiv Nadar Foundation over several decades.
This year, he gave Rs 11,600 crore to the foundation he founded in 1994 with the goal of creating an equal, merit-based society via education.
Ashok Soota, a tech tycoon, has contributed Rs 600 crore to the medical research organisation he established in April 2021 to investigate ageing and neurological disorders.
Soota began SKAN, which stands for Scientific Knowledge for Ageing and Neurological Ailments, with a Rs 200 crore investment, which he has subsequently tripled.
He intends to distribute the funds over the following ten years.
Malaysian-Indian Brahmal Vasudevan, founder and CEO of Kuala Lumpur-based private equity firm Creador, and his lawyer wife, Shanthi Kandiah, help Malaysian and Indian communities through the Creador Foundation, a non-profit they co-founded in 2018.
They pledged 50 million Malaysian Ringgit (USD 11 million) in May this year to assist develop a teaching hospital at the Universiti Tunku Abdul Rahman (UTAR) Kampar campus in Perak state.
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