PTI New york

Billionaire industrialist Mukesh Ambani and Nita Ambani, former Wipro chairman Azim Premji and Zerodha co-founder Nikhil Kamath have been named Tuesday by Time magazine in its inaugural list of the 100 most influential people in philanthropy.

The TIME100 Most Influential People in Philanthropy 2025 list "tells the stories of how generous donors and leaders of foundations and non-profits are directing funding into the communities that need it most," according to the publication. The list includes Mukesh and Nita Ambani who, Time said, gifted Rs 407 crore (about USD 48 million) in 2024, "placing them among the country's biggest donors." 

Noting that Mukesh and Nita Ambani are "empowering millions", the Time profile said the billionaire philanthropist couple's "charitable initiatives are as varied and wide-ranging as the business empire that earned them an estimated USD 110 billion fortune." It listed the initiatives taken by Mukesh and Nita Ambani and added that Nita Ambani, founder and chair of the Reliance Foundation and a businesswoman in her own right, leads a number of the foundation's programmes.

On tech magnate Premji, Time said that today, he is better known as one of India's most generous philanthropists, directing his wealth to systematically improving India's public education system. Premji was the first Indian to sign the Giving Pledge and in 2013 endowed the foundation he launched nearly 25 years ago with over USD 29 billion in shares from his company, Wipro.

In addition to disbursing traditional grants-USD 109 million went to 940 organisations focused on education, health, and other areas in 2023-2024-the foundation works directly with teachers and rural child care workers via 59 field offices and 263 teacher learning centres throughout India, on educational programmes that have so far helped over 8 million children, Time said.