Richest Asian Adani Pledges $7.7 Billion for Social Causes
- Adani Foundation to oversee billionaire and family’s donation
- Aim to boost health, education and skill development: Adani
Photographer: Abhijit Bhatlekar/Bloomberg
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Gautam Adani, Asia’s richest person, and his family have pledged to give 600 billion rupees ($7.7 billion) to a slew of social causes, to mark his 60th birthday.
The donation will be managed by the Adani Foundation and will be targeted at bolstering health care, education and skill development, Adani told Bloomberg News in an interview Thursday. “This is one of the largest transfers made to a foundation in Indian corporate history,” he said, adding that this commitment also honors the birth centenary year of his father, Shantilal Adani.