Including donations worth $102.4 billion, India’s pioneer industrialist and Tata Group founder Jamsetji N Tata is the world’s biggest philanthropist of the last century.
Wipro Founder and Chairman Azim Premji, who gifted $22 billion for noble causes and ranked 12. Premji is the only other Indian in the list of top 50 global philanthropists released by Hurun Research and EdelGive Foundation.
Tata, who started his endowments as early as 1892, donated mainly for healthcare and the education needs from Tata Sons’ income. Jamsetji N. Tata, the founder of Tata Group died in 1904. The total philanthropic value of Tata Group is made up of 66% of Tata Sons, estimated around $100 billion.
“Whilst American and European philanthropists may have dominated the thinking of philanthropy over the last century, Jamsetji Tata is the world’s biggest philanthropist,” Chairman-Chief Researcher of Hurun Report, told. The Managing Director and Chief Researcher of Hurun India told “It is a proud moment to see an Indian top the 2021 EdelGive Hurun Philanthropists of the Century.”