The Nilekanis are the fourth Indians after Wipro chairman Azim Premji, Biocon chairman Kiran Mazumdar-Shaw and Sobha Developers Chairman Emeritus P N C Menon to sign up for The Giving Pledge. Infosys co-founder and tech billionaire Nandan Nilekani and his wife Rohini Nilekani have joined ‘The Giving Pledge’, an elite network of the world’s wealthiest individuals committing half their wealth to philanthropy. The Giving Pledge website uploaded Nilekanis’ letter signing up for the cause.
Type: Article
Make philanthropy serious business
Infosys non-executive chairman Nandan Nilekani and his wife Rohini have joined the growing list of billionaires who have committed to give away at least half of their wealth to philanthropic causes through The Giving Pledge campaign, founded by Bill Gates and Warren Buffett. They join Wipro’s Azim Premji, Biocon’s Kiran Mazumdar-Shaw and P N C Menon of the Sobha Group in this list. This is good news and will encourage others to donate generously to help rid the world of its many ills.
Nandan Nilekani, wife Rohini to donate half of their wealth under Giving Pledge: Here’s why they are doing it
Infosys co-founder Nandan Nilekani and wife Rohini will donate 50 percent of their wealth under Giving Pledge- a movement initiated by Microsoft founder Bill Gates and Melinda Gates. With this, the Nilekanis have joined the list of other Indian billionaires like Wipro Chairman Azim Premji, Biocon Chairman Kiran Mazumdar Shaw, and Sobha Ltd Chairman PNC Menon who have also committed half of their wealth to philanthropy..
Nandan and Rohini Nilekani give away part of their wealth to charity
Infosys co-founder Nandan Nilekani and wife Rohini have pledged part of their wealth to charity, joining the ‘Giving Pledge’ movement initiated by Microsoft founder Bill Gates and Melinda Gates where wealthy individuals commit part of their wealth to society. The Nilekanis have joined other Indian billionaires like Wipro Chairman Azim Premji, Biocon Chairman & Managing Director Kiran Mazumdar Shaw, and Sobha Ltd Chairman P N C Menon, to be part of the global movement for philanthropy. Each of those named above has committed half of his or her wealth to charity.
NILEKANIS TO DONATE HALF OF THEIR WEALTH UNDER ‘THE GIVING PLEDGE’
In a statement, the Nilekanis explained why they joined the Giving Pledge movement, which says,”We see that inequality is increasing sharply in most countries. We see the young and the restless in this interconnected globe, unsure of their future, wanting more but anticipating less. We see a growing politics of polarization, of divisions, of brinksmanship. It is as if the world holds its breath. What should we do at this time? That is a question every citizen must ask. Those of us who have wealth beyond all our wants must ask that very sharply. Wealth comes with huge responsibility and is best deployed for the larger public interest. So, what must the superwealthy do?”.
Nilekanis join Bill Gates at philanthropy high table
BENGALURU: In a reflection of the growing enlightenment about philanthropy among India’s rising tribe of billionaires, Infosys chairman Nandan Nilekani and wife Rohini have signed the Giving Pledge pioneered by Bill Gates and Warren Buffett. Signatories to the initiative commit to give away at least half of their wealth either in their lifetime or through their will.
The Indian government is truly imperfect, but amazing things have happened: Bill Gates
Seven years after Bill Gates pioneered the Giving Pledge, 171 ultra-wealthy people have vowed to give away at least half their wealth. Nandan and Rohini Nilekani have just become the fourth signatory to the pledge from India. The trio spoke to Anand Mahadevan and Archana Rai about the different but complementary roles that private philanthropy and the government need to play to solve the problem of poverty.
Indian Tech Billionaire Nandan Nilekani And Wife Rohini Join The Giving Pledge
Bangalore power couple Nandan Nilekani, cofounder of tech giant Infosys, who recently returned to the company as non-executive chairman after a boardroom shakeup, and his wife Rohini, announced over the weekend that they had signed on to the Giving Pledge. Their commitment to give away half their wealth, pegged at $1.7 billion, was made in Bangalore in the presence of Bill Gates, who launched the Giving Pledge with wife Melinda and Warren Buffett seven years ago.
Why millionaires are giving away their wealth
This story was selected by TOI Guest Editor Bill Gates.
BENGALURU: “I didn’t know I was going to become this rich,” says philanthropist Rohini Nilekani, when asked what moves her to give, “but when it became clear that I would come into money, I
wanted to do good.” The first chunk of Rs 100 crore that she got from the sale of Infosys shares in 2013 went entirely into Arghyam Foundation that works on water and sanitation, which she set up in 2001.
Nandan and Rohini Nilekani join Bill Gates-led philanthropic group
The grouping, which is called Co-Impact, has been set up with an initial corpus of $500 million and will focus providing healthcare, education, and economic opportunity to the underserved populus in developing countries. Infosys co-founder Nandan Nilekani and his wife Rohini have joined a grouping of billionaire philanthropists including Bill and Melinda Gates to set up a fund that targets social impact at a large scale.