This Entrepreneur Donated Rs 110 Crore to Shirdi Saibaba


He says, “Baba, you gave me too much money, I don't need this much”. After selling two of his companies in 2004, which benefited the company, employees and himself, he decided to keep just 20 percent of it and to give away the 80 percent of it to Sai Baba.

As spoken to rediff he says, “I gave Rs 110 crore now. If you add what I have given all these years, it is much more than that. What we are spending every year is from the interest I get from the corpus I have invested. This Rs 110 crore comes from the interest of the corpus of the last 5-6 years.”

Reason to donate 110 crores

Ramani did not have any plans to build anything rather than just using the funds for some good purpose. When he spoke to the PRO of Shirdi Sansthan, he realized that the major problem that the ashram faced was accommodation.