Rohini Nilekani, wife of Infosys co-founder Nandan Nilekani, has topped the EdelGive Hurun India Philanthropy Women’s List 2023 with a remarkable Rs 170 crore in donations, highlighting her dedication to social causes beyond her successful career.
Results for: Philanthropy
Former Microsoft CEO Steve Ballmer has surpassed Bill Gates in net worth, becoming the sixth richest person in the world. The rise in Ballmer’s wealth is attributed to the surge in Microsoft’s stock price, driven by its partnership with OpenAI and the artificial intelligence boom. Ballmer’s wealth is primarily tied to his Microsoft shares, while Gates has diversified his fortune through investments and philanthropy. Despite their differing approaches to wealth management, both Ballmer and Gates have contributed significantly to charitable causes.
Billionaire investor Warren Buffett has made significant changes to his estate plans, shifting his posthumous donations away from the Bill & Melinda Gates Foundation and towards a new charitable trust overseen by his children. This move marks a significant departure from his longstanding philanthropic commitments, while emphasizing his trust in his family’s philanthropic endeavors.
Billionaire investor Warren Buffett has announced he will no longer donate to the Bill & Melinda Gates Foundation after his death, opting instead to establish a new charity trust managed by his children. This decision comes after years of significant contributions to the foundation, totaling over $39 billion. Buffett maintains trust in his children’s philanthropic values and believes they will effectively manage his wealth for charitable purposes.
The AHLA Foundation will host its third annual No Room for Trafficking Summit on July 30th, 2024, aligning with the United Nations’ World Day Against Trafficking in Persons. This summit will feature the awarding of $1 million in grants to community-based organizations supporting human trafficking survivors, showcasing the impact of the NRFT Survivor Fund.
Ratan Tata, a renowned Indian business magnate, is notably absent from Forbes’ list of the world’s wealthiest individuals. This absence highlights his commitment to philanthropy, as the majority of his wealth is dedicated to charitable causes through the Tata Trusts. Tata’s story challenges conventional perceptions of wealth, emphasizing the power of social impact over material possessions.
Anupama Nadella, the wife of Microsoft CEO Satya Nadella, is a pillar of support in his life. Despite facing visa challenges and the tragedy of losing their son, Anupama has dedicated herself to family and philanthropy, leaving a positive impact on the world.
K Dinesh, a co-founder of Infosys, took an unconventional path, leaving a government job to build a tech empire. He played a pivotal role in the company’s success, serving on the board for 30 years before transitioning into philanthropy. This article highlights Dinesh’s journey from a government employee to a tech visionary and his dedication to social causes.
Erik Rees, whose 11-year-old daughter Jessie died of brain cancer in 2012, has dedicated his life to supporting children with cancer through his daughter’s foundation, the Jessie Rees Foundation. The foundation distributes “Joy Jars” filled with toys and gifts to children in hospitals, and Rees has also written a book about his experience. Rees’ story is an inspiring example of how even in the face of tragedy, we can find the strength to help others.
Vikram Lal, the former CEO of Eicher Motors, is a successful Indian businessman who has expanded his family business and is now a billionaire. The company, which was founded by his father, has a market cap of Rs 131000 crore and is known for its iconic Royal Enfield motorbikes. Lal joined Eicher Motors in 1966 and is now known for his philanthropic endeavors, including the Goodearth Education Foundation which advocates for children’s health and education.