Infosys co-founder Nandan Nilekani, DLF Chairman Emeritus KP Singh and Zerodha co-founder Nikhil Kamath have been named in the 17th edition of Forbes Asia’s Heroes of Philanthropy list released today.
“The unranked list highlights business leaders who are donating their fortunes and devoting personal time and attention to their chosen causes,” Forbes said in a press release.
The annual list, which highlights 15 philanthropists, does not include corporate philanthropy except for privately owned companies where the individual is the majority owner.
Nandan Nilekani, co-founder and chairman of tech giant Infosys, has made the list for donating Rs 3.2 billion (USD 38 million) to his alma mater IIT Bombay in June, Forbes said, adding that the gift marks a milestone in his career. There will be more. Period of five years.
This was to mark his 50 years of association with the Institute of Technology, where he studied Electrical Engineering as an undergraduate.
Since 1999, Mr Nilekani has given a total of Rs 4 billion to the institute. Last year he donated an additional Rs 1.6 billion to educational causes.
Mr Singh, who stepped down as DLF chairman in 2020, sold his remaining direct stake in the real estate firm in August to fund philanthropic causes, Forbes said, citing the company.
He made Rs 7.3 billion from the disposal of his 0.59 per cent stake in the Delhi-based property developer.
92-year-old Singh, who is estimated to be worth US$14 billion, spends his time between London and Dubai.
Having previously established the KP Singh Foundation Trust and the KP Singh Charitable Foundation Trust, Singh launched the KP Singh Foundation in 2020.
Mr Kamath, who made the Forbes philanthropy list, joined the Giving Pledge initiative in June.
The 37-year-old co-founder of discount broking firm Zerodha wrote in his pledge letter that he is primarily interested in climate change, energy, education and health as well as the foundation’s mission of creating a more equitable society.
Mr Kamath’s YouTube podcast series ‘WTF Is’ is donating up to 10 million rupees (US$120,000) â contributed by Kamath and his show’s guest business leaders â to a charity chosen by viewers, Forbes said.
It said Mr Kamath, who has an estimated net worth of US$1.1 billion, planned to increase the episodic donation to Rs 40 million.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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