‘I don’t ask for wealth, but power to give it away’: Jhunjhunwala lays down philanthropy plans - Business News: Latest News & Videos about market and economy | Trendmergers

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‘I don’t ask for wealth, but power to give it away’: Jhunjhunwala lays down philanthropy plans

Jhunjhunwala said that he would like to set up a RARE Foundation that will be run by professionals and associate good people with the project. While the veteran investor did not outline the area of philanthropy that foundation will indulge, he recently invested in areas such as healthcare. The billionaire investor has an investment portfolio worth nearly Rs. 20,000 crore and usually donates roughly 25 per cent of his annual income towards philanthropic work in India.

from Stocks-Markets-Economic Times
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