Meet the Indian man who outshines Mukesh Ambani, Ratan Tata and Azim Premji as the world’s biggest donor | Trending
When discussing philanthropy in India, renowned industrials such as Mukesh Ambani, Ratan Tata, and Azim Premji often take centre stage. However, delving deeper into the realm of charitable giving reveals that the title of the world’s most generous donor belongs to Jamsetji Tata, the founder of the Tata Group. Throughout his lifetime, he donated over ₹8.29 lakh, significantly surpassing the contributions of current billionaires. Jamsetji Tata was recognised as the world’s most charitable donor.(Twitter / @TataCompanies) According to the 2021 EdelGive Hurun Philanthrops of the Century report, Jamsetji Tata led the rankings with total donations reaching US$102.4 billion (adjusted for inflation), while Bill and Melinda Gates followed in second place with contributions amounting to US$74.6 billion. (Also read: When Shantanu Naidu spent ‘half his salary’ to buy the same shirt as Ratan Tata) The father of Indian industryBorn on March 3, 1839, Jamsetji Tata has left an enduring impact on countless lives through his philanthropic vision. His remarkable contributions, particularly in healthcare and education, have led to the establishment of institutions that have transformed millions of lives across India. Tata’s journey began in 1868 when he founded the Tata Group, which has since evolved into India’s largest and most esteemed conglomerate. The group comprises over 30 companies across 10 industries, showcasing a significant global presence. Philanthropy as a family traditionOriginating from a Zoroastrian Parsi family in Gujarat, Jamsetji Tata instilled a culture of philanthropy and social responsibility within his family. His sons, Dorabji Tata and Ratanji Tata, carried on this legacy, contributing not only to industrial progress but also to vital social initiatives. The Tata family remains devoted to charitable efforts, particularly in the realms of education and healthcare. (Also read: ‘Sea of blue’ at Ratan Tata’s final journey as Tata employees queue to pay last respects) Jamsetji Tata’s profound influence on these sectors has paved the way for institutions that continue to benefit countless individuals. His visionary approach to utilising wealth for societal upliftment serves as an enduring inspiration for future generations. The Tata Group’s reputation as a leader in corporate social responsibility underscores its ability to merge business success with a commitment to societal well-being. Continuing the traditionFrom financing research centres to establishing medical facilities, Tata’s philanthropic initiatives have significantly improved the quality of life for many. His conviction in leveraging wealth for the betterment of society is a foundational aspect of the Tata Group, which continues to prioritise social welfare projects. While Jamsetji Tata’s philanthropic contributions remain unparalleled, other Indian billionaires have made noteworthy strides in charitable giving. Azim Premji, the founder of Wipro, has donated approximately US$22 billion (around ₹1.76 lakh crore), making him one of the world’s top philanthrops. However, no other individual comes close to matching the scale of Jamsetji Tata’s lifetime contributions, securing his place as a beacon of philanthropy in India and beyond.
