Adani pledges to donate Rs. 60 billion to charity.

Gautam Adani, the chairman of Adani Group, has committed to giving Rs 60,000 crore ($7.7 billion) to charity . Adani, who turns 60 on Friday, has an estimated net worth of $96 billion .

TNN Mumbai: Gautam Adani, the chairman of Adani Group, has committed to giving Rs 60,000 crore ($7.7 billion) to charity.The Adani Fund will administer the corpus, making it one of India's biggest gifts to a philanthropic foundation.This year, in addition to being the 100th anniversary of my inspiring father's birth, also happens to be my 60th birthday, which means the family has decided to donate Rs 60,000 crore to charitable causes, according to a tweet.The family has a strong philanthropic involvement in health, education, and career advancement, particularly in India's rural areas.

Adanis interests are concentrated in ports, power, chemicals, and cement, as a first-generation entrepreneur.He is the newly anointed cement king, owning Mundra Port, India's biggest port, in his home state of Gujarat, and acquiring Holcim India for $10.5 billion.Adani said that this contribution from the family will draw on some of the finest minds with a desire to make a difference in the Adani Foundations' quest to do more towards achieving our Growth with Kindness philosophy.Adani donated Rs 130 crore to disaster relief in fiscal 2021, ranking him eighth on the EdelGive Hurun India philanthropy list.

Adani joins notable pledgers like Meta (Facebook parent) CEO Mark Zuckerberg, Berkshire Hathaway CEO Warren Buffett, and Blackstone CEO Stephen Schwarzman, who have pledged to give a large percentage of their wealth to philanthropy in the latest development.Gautam Adani and his family's service to philanthropy, according to Wipro chairman Azim Premji, should set a precedent by which we can all live Mahatma Gandhis model of Trusteeship of Wealth at the peak of our corporate success and not wait for our sunset years.According to the EdelGive Hurun India philanthropy survey, Premji donated Rs 9,713 crore in fiscal 2021, mainly for education.