UC News

Mukesh Ambani topped Hurun India Philanthropy List 2018

According to sources Reliance Industries Ltd (RIL) Chairman Mukesh Ambani topped the Hurun India Philanthropy List 2018, released on Saturday, with the highest contribution of Rs 437 crore between October 2017 and September 2018. Reportedly Ambani was followed by Piramal Group Chairman Ajay Piramal who made Rs 200 crore donations during the period.

Meanwhile the list, compiled by the Hurun Research Institute, ranks individuals from India who donated Rs 10 crore and above between October 1, 2017 and September 30, 2018. Furthermore the total Indian philanthropy amount in the list stands at Rs 1,560 crore and the list included 39 Indians with the average contribution per philanthropist being Rs 40 crore.

Further it showed that education was the most preferred cause for donations, followed by healthcare and rural development.

Mukesh Ambani topped Hurun India Philanthropy List 2018

Moreover Ambani's corporate social responsibility (CSR) expenditure is channelized through Reliance Foundation. Accordingly Ambani's philanthropic interests include sectors like education, social, rural development and healthcare. Apparently the list also included Azim Premji and family who donated Rs 113 crore, Adi Godrej and family (Rs 96 crore), LuLu Group's Yusuff Ali (Rs 70 crore), HCL's Shiv Nadar (Rs 56 crore), Savji Dholakia from Hari Krishna Exports (Rs 40 crore), Shapoor Pallonji Mistry (Rs 36 crore) and Cyrus Pallonji Mistry (Rs 36 crore) from Shapoorji Pallonji and Adani Enterprises' Gautam Adani (Rs 30 crore).

Open UCNews to Read More Articles