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10 Most Generous Wealthy Indians

By SiliconIndia   |   Friday, November 30, 2012   |    6 Comments
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Bangalore: Indians are known for their emotional and compassionate nature. No matter whether one is rich or poor, everyone in India is always ready to provide all kinds to financial and moral support to someone in need. Talking about the ultra high net worth Individuals (UHNWIs), they are not only successful businessmen but also are generous. Wealth X, which is a provider of detailed intelligence on UHNWIs globally, has released a list of the top 10 UHNW Indian donors, comparing their donation with their net worth. So read below to know about those kind rich Indians.

1. Azim Premji

India's most bighearted donor Azim Hashim Premji is the chairman of Wipro which is a leading software industry in India.  Azim Premji has a personal wealth of $12.3 billion and according to Forbes; he is currently the third richest of India.  This year he made a grand donation of $1.3 billion which amounts to 10.7 percent of his net worth. The money was donated to Azim Premji Foundation that works to promote education and fund government schools in rural areas.

More: How These Rich Techies Spend Their Vacation

2. Asit Koticha

Second in this list, Asit Koticha, is the head of financial services group ASK and has given away 10.4 percent or $14 million of his 130 million net worth. The 25 years old ASK Group has developed expertise in the areas of Equity Research, Asset Management, Financial Planning, and Wealth Advisory under Koticha mentorship. The company’s CSR (corporate social responsibility) arm works in areas of health, education and housing. Over the years, Koticha has supported the construction of 51 schools in Rajkot, setting up blood bank centres in Gujarat through the Life Foundation and building of low cost housing for the underprivileged families in Kajrat.

Also Read: 7 Ways to Become a Crorepati


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