India's Jamsetji Tata is philanthropist of the century

25 Jun 2021

India’s Jamsetji Tata is philanthropist of the century

India’s Jamsetji Tata is philanthropist of the centuryA new report says that India's famous businessman, the late Jamsetji Tata, is the philanthropist of the century. A philanthropist is a rich person who helps the poor and those in need, especially by giving money.

The report is called the 2021 EdelGive Hurun Philanthropists Of the Century report. It is a list of the top 50 philanthropists of the last 100 years. It says that Jamsetji Tata is on top, having donated US$102 billion in his lifetime. You can buy 240 Boeing 747s aeroplanes with that amount!

Jamsetji Nusserwanji Tata was a very important Indian industrialist (businessman) who founded the Tata Group. He is regarded as the legendary "Father of Indian Industry". He also established the city of Jamshedpur in Jharkhand.
What does the list say?
In the top 50, 38 people are from the US, followed by the UK (5) and China (3). Also, 37 people among the top 50 have already passed away.

Other philanthropists on the list include American billionaires Bill Gates, Warren Buffet, George Soros and John D Rockefeller. While their names are more famous for philanthropy today, the report says that none of them can match what Jamsetji has done.

There is also another Indian on the top 50 list - Azim Premji who started the Wipro company. He has promised to give away his entire fortune of US$22 billion for philanthropic causes.

In total, they have together donated US$ 832 billion over the last century.

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A new report says that India’s famous businessman, the late Jamsetji Tata, is the philanthropist of the century. A philanthropist is a rich person who […]

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