Rakesh Jhunjhunwala pledges to give away 25% of his wealth, sets a $1 bn corpus target
Rakesh Jhunjhunwala, India's most famous investor, has pledged to give away 25% of his wealth during his lifetime. He is the fourth Indian businessperson - after Azim Premji, Shiv Nadar and GM Rao - to make a statement of intent to give away a substantial part of their personal wealth to philanthropy.
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