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Gautam Adani pledges Rs 60,000 crore for social causes

by Nick Erickson
June 23, 2022
in Business
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Billionaire Gautam Adani has pledged to donate Rs 60,000 crore for various causes

Asia’s richest person Gautam Adani and his family pledged on Thursday to donate Rs 60,000 crore to a range of social causes to mark his 60th birthday. The corpus is managed by the Adani Foundation.

“Besides the 100th birthday of my inspiring father, this year also happens to be the year of my 60th birthday and so the family decided to contribute Rs 60,000 crores to charitable activities related to healthcare, education and skills development, especially in rural areas. areas of our nation”. Mr Adani said in a statement.

To exploit the potential of India’s demographic lead, there is an ever-growing need to focus on the areas of healthcare, education and skills development. The deficiencies in each of these areas are roadblocks to an Atmanirbhar Bharat, the statement said.

“At a very fundamental level, programs covering all these three areas must be viewed holistically and together they constitute the drivers to build a just and future-proof India. Our experience in planning and executing major projects and the lessons learned drawn from the work of the Adani Foundation will help us accelerate these programs in a unique way.This contribution from the Adani family aims to attract some of the brightest minds who are passionate about making a difference in the Adani Foundation’s journey to do more to fulfill our ‘Growth with Goodness’ philosophy,” said Mr. Adani.

The Indian tycoon, a first-generation entrepreneur turning 60 Friday, joins global billionaires such as Mark Zuckerberg and Warren Buffett who have devoted large chunks of their wealth to philanthropy. With a net worth of nearly $92 billion, according to the Bloomberg Billionaires Index, Adani has added just over $15 billion to his net worth this year.

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