Winning Bizness Desk
Mumbai. Mukesh Ambani, Chairman of Reliance Industries and Asia’s richest individual, has donated ₹151 crore to the Institute of Chemical Technology (ICT), Mumbai- the very college where he pursued his graduation in the 1970s. The contribution was announced during a special event at ICT on June 6, which was held to launch the biography of renowned professor MM Sharma, titled *Divine Scientist*.
Tribute to his teachers, Indian values
At the event, Ambani recalled his academic years and expressed deep gratitude to his mentors. “Professors MM Sharma and JB Joshi were my teachers. In other cultures, a teacher is just an instructor, but in Indian tradition, a guru is revered as Brahma, Vishnu, and Maheshwar,” Ambani said, emphasizing the spiritual stature of teachers in Indian society.
Significant giving by Ambani family in FY24
According to the EdelGive Hurun India Philanthropy List 2024, the Ambani family donated a total of ₹407 crore during the financial year 2023-24, securing the second spot in the list of India’s biggest philanthropists. This translates to an average daily donation of ₹1.11 crore.
Shiv Nadar leads with unmatched generosity
Topping the list is HCL co-founder and philanthropist Shiv Nadar. The 79-year-old donated ₹2,153 crore in FY24, which means he gave an average of ₹5.90 crore every day. Nadar and his family have long been known for supporting education and social causes through the Shiv Nadar Foundation.
Ambani remains Asia’s wealthiest man
Mukesh Ambani continues to hold the title of Asia’s richest person with a personal net worth of ₹9.35 crore (approximate per Forbes real-time data). Globally, Tesla CEO Elon Musk remains the world’s richest individual with a net worth of ₹34.05 crore.
Nadar among global billionaire elite
Shiv Nadar is ranked as the 52nd richest person in the world, with an estimated net worth of $36.4 billion (about ₹3.12 lakh crore), as per the Forbes Real-Time Billionaires List. Nadar holds the position of Founder and Chairman Emeritus of HCL Technologies and continues to lead philanthropic initiatives through his foundation.
7 Key Takeaways:
- Mukesh Ambani donates ₹151 crore to his college, ICT Mumbai.
- The donation was announced during the launch of a professor’s biography.
- Ambani ranked second in India’s 2024 philanthropy list with ₹407 crore donation.
- Shiv Nadar tops the list, donating ₹2,153 crore in FY24.
- Nadar donated ₹5.90 crore daily on average; Ambani donated ₹1.11 crore daily.
- Ambani remains Asia’s richest person; Elon Musk leads globally.
- Shiv Nadar is the 52nd richest globally, with net worth at $36.4 billion.
