Gautam Adani’s Vision for a Future-Ready India
Gautam Adani, India’s richest person, has become one of the country’s most generous philanthropists. In 2022, on his 60th birthday, Adani pledged a staggering $7.7 billion to healthcare, education and skill development initiatives.
The Adani Foundation, established in 1996 and headed by Gautam Adani’s wife, Priti Adani, channels the family’s philanthropic efforts. With nearly 3.7 million people benefiting from the Foundation’s initiatives each year, its impact is far-reaching and transformative. Through their commitment to education, healthcare and skill development, Gautam Adani and the Adani Foundation empower individuals and communities across India.
Shiv Nadar’s Commitment to Education
Self-made billionaire Shiv Nadar is one of India’s most prominent philanthropists. Over the course of several decades, Nadar has channeled $1.1 billion of his wealth through the Shiv Nadar Foundation, with a focus on empowering individuals through education. In 2021, he will donate $142 million to the foundation, furthering his commitment to creating an equitable, merit-based society.
The Shiv Nadar Foundation has established educational institutions, promoted arts and culture, and empowered individuals through scholarships and grants. Nadar’s philanthropy goes beyond financial contributions, as he actively works to create long-term impact and inspire future generations.
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Jean Salata’s Fight Against Climate Change
Jean Salata, chairman of the Hong Kong-based private equity firm EQT Asia, and his wife Melanie are leading the fight against climate change. In 2022, they will donate $200 million to establish the Salata Institute for Climate and Sustainability at Harvard University. Salata believes that climate change is the defining issue of our generation and the challenge for our children and future generations.
The Salatas have a history of philanthropy, having previously donated to schools and institutions. However, their gift to the Salata Institute represents their first foray into supporting a climate action program. The institute will coordinate research, provide scholarships, help develop courses, and connect students with alumni in the field. By investing in climate and sustainability initiatives, Jean and Melanie Salata are driving change and inspiring others to prioritize the fight against climate change.
Li Ka-shing’s Wide-Ranging Philanthropy
Hong Kong billionaire Li Ka-shing has a long history of philanthropy, supporting initiatives in mainland China, Hong Kong and around the world. Last year, Li donated more than $128 million to various causes, including research, healthcare, and support for those affected by the Covid-19 pandemic.
Li’s donations have provided significant support to local businesses and healthcare systems. His foundation has funded research, medical services, and anti-poverty programs, with a focus on mainland China and Hong Kong. Li’s commitment to philanthropy has had a significant impact on the communities he serves.
Joon Wanavit’s Generosity in Healthcare
Joon Wanavit, founder of Hatari Electric, one of Thailand’s leading fan manufacturers, has demonstrated his commitment to public health. Last year, Joon and his family donated $24 million to the Ramathibodi Foundation, which raises funds for Ramathibodi Hospital and its public health services, and will contribute to the development of a nursing school, a medical learning center, and a new hospital building and medical innovation center. Joon’s generosity aims to improve access to healthcare and support medical research and education in Thailand.
Brahmal Vasudevan’s Focus on Education and Aviation
Brahmal Vasudevan, founder and CEO of Creador, a Kuala Lumpur-based private equity firm, and his wife, Shanthi Kandiah, are passionate about education and sustainable aviation. In 2021, they pledged $11 million to build a teaching hospital on the Kampar campus of Universiti Tunku Abdul Rahman (UTAR), bridging a funding gap and ensuring affordable healthcare in the region.
In addition, the couple donated $30 million to Imperial College London to establish the Brahmal Vasudevan Institute for Sustainable Aviation. This institute aims to pioneer technologies that will help the aviation industry transition to a zero-emissions future, contributing to a more sustainable future.
