Tata Group founder Jamsetji Tata honoured as top philanthropist

Jamsetji gave away $102.4 billion to philanthropic causes.

 

Legendary industrialist Jamsetji Tata has been recognised as the "world's biggest philanthropist" of the 20th century.


A pioneer and the founder of the largest and one of the oldest private conglomerates of India, the Tata Group, Jamsetji gave away $102.4 billion to philanthropic causes.


"It is a proud moment to see an Indian top the 2021 EdelGive Hurun Philanthropists of the Century," said Anas Rahman Junaid, MD and chief researcher of Hurun India.


“Whilst American and European philanthropists may have dominated the thinking of philanthropy over the last century, Jamsetji Tata, founder of India’s Tata Group, is the world’s biggest philanthropist. Many of the philanthropists made their donations in the second generation rather than the first; a case in point is the Ford Foundation, which was set up by the son of Henry Ford, said Rupert Hoogewerf, chairman and chief researcher of Hurun Report.


The list, EdelGive Hurun Philanthropists of the Century, was made by Hurun Research and EdelGive Foundation by measuring ‘total philanthropic value.’

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