Meet India's Super Rich Philanthropists


Bangalore: "Money is like manure. If you spread it around, it does a lot of good, but if you pile it up in one place, it stinks like hell," said businessman Clint W. Murchison. There are billionaires all around the globe who follow this quote. When it comes to donate money for causes, Indians do not share the same mindset like Bill Gates or Warren Buffett but still there are a few who have decided to give away their fortune for noble causes and the latest list is topped by Azim Premji of Wipro.

Listed below are a few Indian businessmen who have made a lot of contribution through generous charities and donations, as listed by Yahoo.

8. Ratan Tata, Tata Group

The former Chairman of multi-billion dollar Tata Group, Ratan Tata, made donation of 310 crore for the underprivileged through JRD Tata Trust and Sir Ratan Tata Trust. Ratan Tata hails from a family that greatly believes in philanthropy. The Tatas have continued a practice to bestow much of their personal wealth to the many trusts they have created for the greater good of India and its people. The Tata trusts controls 66 percent of the shares of Tata Sons and the wealth collected from this asset chains an assortment of charity, institutions and individuals in every possible way.

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