lørdag 6. april 2019

Why India's rich don't give their money away

Indian IT billionaire Azim Premji recently became India's top philanthropist, sealing his place among the world's top givers. But his generosity has put philanthropy in the spotlight in a country where charity does not appear to match wealth. The BBC's Aparna Alluri reports.

With his recent pledge of $7.5bn, Mr Premji's total philanthropic contribution now stands at some 1.45tn rupees ($21bn; £15.8bn). This puts him in the same league of givers - as philanthropists are called - as Bill and Melinda Gates, and Warren Buffet. What perhaps distinguishes him even more is that, unlike them, he is not one of the world's five richest people - the Bloomberg Billionaires Index ranks him at 51.