Four Indians named among Forbes’ ‘48 Heroes of Philanthropy’March 6th, 2009 - 10:32 am ICT by IANS
Washington, March 6 (IANS) Four Indians have been listed among Forbes’ “48 Heroes of Philanthropy” who opened their cheque books for a cause even as the global financial crisis is hammering fortunes all over Asia.
Indian telecom czar Sunil Mittal, NRI businessman Anil Agarwal, HCL Technologies chairman Shiv Nadar and Rohini Nilekani, wife of Infosys Technologies Co-founder Nandan Nilekani, made it to the list compiled by the US business publication.
The list features 48 individuals, four each from India, China, Hong Kong, Indonesia, Japan, Malaysia, The Philippines, Singapore, South Korea, Taiwan and Thailand, besides another four from Australia and New Zealand.
“The global financial crisis is hammering fortunes all over Asia, but the past year was still a good one for philanthropy as tycoons and more modest donors tried to maintain their charity commitments, Forbes said announcing its third annual ‘Heroes of Philanthropy’ list
“Many opened up their chequebooks to help the victims of the Sichuan earthquake and the Myanmar cyclone in May. Many more donated to health, education, cultural and other causes,” it noted.
Anil Agarwal, 55, chairman of mining outfit Vedanta Resources, Forbes noted pledged $1 billion to build a new university in the eastern state of Orissa.
Apart from arts and sciences, medicine and engineering, it plans research centres for bio- and nanotechnology, crop genetics and alternative energy.
Sunil Mittal, 51, chairman and group chief executive of Bharti Enterprises, set up the Bharti Foundation in 2000 and contributed $22 million.
It also set up telecom-technology colleges on the campuses of the Indian Institutes of Technology in New Delhi and Mumbai, and has funded 26 computer centres and more than 100 libraries aimed at poor children, especially girls.
Shiv Nadar, 63, Chairman and chief strategy officer, HCL Technologies, started the SSN Trust, named after his late father, in 1994.
Its $30 million endowment is used mainly to fund SSN Institutions, which are aimed at providing affordable higher education, offering $1 million in scholarships each year.
Rohini Nilekani, 49, along with her husband, pledged $5 million to Yale University, where both their children are students, to start the Yale India Initiative, an India studies programme that she believes will be “the most comprehensive in any US university.”
- 4 Indian women among Forbes Asian 'Heroes Of Philanthropy' - Mar 05, 2010
- Women of India outdo men in philanthropy - Mar 06, 2010
- 50 Indian billionaires in global richest club - Mar 10, 2011
- Shiv Nadar Foundation to run 25 schools across India - Sep 14, 2011
- HCL founder Shiv Nadar to head IIT-Kharagpur's board - Apr 07, 2011
- Two Indians among Forbes billionaire heiresses to watch - Jun 22, 2010
- Two Indians among Forbes billionaire heiresses to watch (Lead) - Jun 22, 2010
- Mukesh Ambani, Lakshmi Mittal among world's top ten billionaires - Mar 11, 2010
- Sibal meets Sunil Mittal, Anil Ambani on telecom sector concerns - Dec 21, 2010
- Ambanis among top four Indians in 'World's Richest' club (Lead) - Mar 11, 2009
- Bharti Airtel Q1 net profit declines 37 percent - Aug 08, 2012
- 'Telecom bills to rise following service tax hike' - Mar 16, 2012
- Jeweller held for selling sub-standard gems - Oct 15, 2011
- Mukesh Ambani richest among 48 Indian billionaires - Mar 08, 2012
- Mobile call tariffs to hike even further: Mittal - Sep 06, 2011