☀️ JOIN SPN MOBILE
Forums
New posts
Guru Granth Sahib
Composition, Arrangement & Layout
ਜਪੁ | Jup
ਸੋ ਦਰੁ | So Dar
ਸੋਹਿਲਾ | Sohilaa
ਰਾਗੁ ਸਿਰੀਰਾਗੁ | Raag Siree-Raag
Gurbani (14-53)
Ashtpadiyan (53-71)
Gurbani (71-74)
Pahre (74-78)
Chhant (78-81)
Vanjara (81-82)
Vaar Siri Raag (83-91)
Bhagat Bani (91-93)
ਰਾਗੁ ਮਾਝ | Raag Maajh
Gurbani (94-109)
Ashtpadi (109)
Ashtpadiyan (110-129)
Ashtpadi (129-130)
Ashtpadiyan (130-133)
Bara Maha (133-136)
Din Raen (136-137)
Vaar Maajh Ki (137-150)
ਰਾਗੁ ਗਉੜੀ | Raag Gauree
Gurbani (151-185)
Quartets/Couplets (185-220)
Ashtpadiyan (220-234)
Karhalei (234-235)
Ashtpadiyan (235-242)
Chhant (242-249)
Baavan Akhari (250-262)
Sukhmani (262-296)
Thittee (296-300)
Gauree kii Vaar (300-323)
Gurbani (323-330)
Ashtpadiyan (330-340)
Baavan Akhari (340-343)
Thintteen (343-344)
Vaar Kabir (344-345)
Bhagat Bani (345-346)
ਰਾਗੁ ਆਸਾ | Raag Aasaa
Gurbani (347-348)
Chaupaday (348-364)
Panchpadde (364-365)
Kaafee (365-409)
Aasaavaree (409-411)
Ashtpadiyan (411-432)
Patee (432-435)
Chhant (435-462)
Vaar Aasaa (462-475)
Bhagat Bani (475-488)
ਰਾਗੁ ਗੂਜਰੀ | Raag Goojaree
Gurbani (489-503)
Ashtpadiyan (503-508)
Vaar Gujari (508-517)
Vaar Gujari (517-526)
ਰਾਗੁ ਦੇਵਗੰਧਾਰੀ | Raag Dayv-Gandhaaree
Gurbani (527-536)
ਰਾਗੁ ਬਿਹਾਗੜਾ | Raag Bihaagraa
Gurbani (537-556)
Chhant (538-548)
Vaar Bihaagraa (548-556)
ਰਾਗੁ ਵਡਹੰਸ | Raag Wadhans
Gurbani (557-564)
Ashtpadiyan (564-565)
Chhant (565-575)
Ghoriaan (575-578)
Alaahaniiaa (578-582)
Vaar Wadhans (582-594)
ਰਾਗੁ ਸੋਰਠਿ | Raag Sorath
Gurbani (595-634)
Asatpadhiya (634-642)
Vaar Sorath (642-659)
ਰਾਗੁ ਧਨਾਸਰੀ | Raag Dhanasaree
Gurbani (660-685)
Astpadhiya (685-687)
Chhant (687-691)
Bhagat Bani (691-695)
ਰਾਗੁ ਜੈਤਸਰੀ | Raag Jaitsree
Gurbani (696-703)
Chhant (703-705)
Vaar Jaitsaree (705-710)
Bhagat Bani (710)
ਰਾਗੁ ਟੋਡੀ | Raag Todee
ਰਾਗੁ ਬੈਰਾੜੀ | Raag Bairaaree
ਰਾਗੁ ਤਿਲੰਗ | Raag Tilang
Gurbani (721-727)
Bhagat Bani (727)
ਰਾਗੁ ਸੂਹੀ | Raag Suhi
Gurbani (728-750)
Ashtpadiyan (750-761)
Kaafee (761-762)
Suchajee (762)
Gunvantee (763)
Chhant (763-785)
Vaar Soohee (785-792)
Bhagat Bani (792-794)
ਰਾਗੁ ਬਿਲਾਵਲੁ | Raag Bilaaval
Gurbani (795-831)
Ashtpadiyan (831-838)
Thitteen (838-840)
Vaar Sat (841-843)
Chhant (843-848)
Vaar Bilaaval (849-855)
Bhagat Bani (855-858)
ਰਾਗੁ ਗੋਂਡ | Raag Gond
Gurbani (859-869)
Ashtpadiyan (869)
Bhagat Bani (870-875)
ਰਾਗੁ ਰਾਮਕਲੀ | Raag Ramkalee
Ashtpadiyan (902-916)
Gurbani (876-902)
Anand (917-922)
Sadd (923-924)
Chhant (924-929)
Dakhnee (929-938)
Sidh Gosat (938-946)
Vaar Ramkalee (947-968)
ਰਾਗੁ ਨਟ ਨਾਰਾਇਨ | Raag Nat Narayan
Gurbani (975-980)
Ashtpadiyan (980-983)
ਰਾਗੁ ਮਾਲੀ ਗਉੜਾ | Raag Maalee Gauraa
Gurbani (984-988)
Bhagat Bani (988)
ਰਾਗੁ ਮਾਰੂ | Raag Maaroo
Gurbani (889-1008)
Ashtpadiyan (1008-1014)
Kaafee (1014-1016)
Ashtpadiyan (1016-1019)
Anjulian (1019-1020)
Solhe (1020-1033)
Dakhni (1033-1043)
ਰਾਗੁ ਤੁਖਾਰੀ | Raag Tukhaari
Bara Maha (1107-1110)
Chhant (1110-1117)
ਰਾਗੁ ਕੇਦਾਰਾ | Raag Kedara
Gurbani (1118-1123)
Bhagat Bani (1123-1124)
ਰਾਗੁ ਭੈਰਉ | Raag Bhairo
Gurbani (1125-1152)
Partaal (1153)
Ashtpadiyan (1153-1167)
ਰਾਗੁ ਬਸੰਤੁ | Raag Basant
Gurbani (1168-1187)
Ashtpadiyan (1187-1193)
Vaar Basant (1193-1196)
ਰਾਗੁ ਸਾਰਗ | Raag Saarag
Gurbani (1197-1200)
Partaal (1200-1231)
Ashtpadiyan (1232-1236)
Chhant (1236-1237)
Vaar Saarang (1237-1253)
ਰਾਗੁ ਮਲਾਰ | Raag Malaar
Gurbani (1254-1293)
Partaal (1265-1273)
Ashtpadiyan (1273-1278)
Chhant (1278)
Vaar Malaar (1278-91)
Bhagat Bani (1292-93)
ਰਾਗੁ ਕਾਨੜਾ | Raag Kaanraa
Gurbani (1294-96)
Partaal (1296-1318)
Ashtpadiyan (1308-1312)
Chhant (1312)
Vaar Kaanraa
Bhagat Bani (1318)
ਰਾਗੁ ਕਲਿਆਨ | Raag Kalyaan
Gurbani (1319-23)
Ashtpadiyan (1323-26)
ਰਾਗੁ ਪ੍ਰਭਾਤੀ | Raag Prabhaatee
Gurbani (1327-1341)
Ashtpadiyan (1342-51)
ਰਾਗੁ ਜੈਜਾਵੰਤੀ | Raag Jaijaiwanti
Gurbani (1352-53)
Salok | Gatha | Phunahe | Chaubole | Swayiye
Sehskritee Mahala 1
Sehskritee Mahala 5
Gaathaa Mahala 5
Phunhay Mahala 5
Chaubolae Mahala 5
Shaloks Bhagat Kabir
Shaloks Sheikh Farid
Swaiyyae Mahala 5
Swaiyyae in Praise of Gurus
Shaloks in Addition To Vaars
Shalok Ninth Mehl
Mundavanee Mehl 5
ਰਾਗ ਮਾਲਾ, Raag Maalaa
What's new
New posts
New media
New media comments
New resources
Latest activity
Videos
New media
New comments
Library
Latest reviews
Donate
Log in
Register
What's new
New posts
Menu
Log in
Register
Install the app
Install
Welcome to all New Sikh Philosophy Network Forums!
Explore Sikh Sikhi Sikhism...
Sign up
Log in
Discussions
Hard Talk
Interviews
Billionaire Investor Rakesh Jhunjhunwala Pledges 25 Pc Of Wealth For Charity
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="kds1980" data-source="post: 151305" data-attributes="member: 1178"><p>Billionaire investor Rakesh Jhunjhunwala pledges 25 pc of wealth for charity</p><p>PTI Aug 4, 2011, 08.31pm IST</p><p></p><p></p><p>MUMBAI: Billionaire investor Rakesh Jhunjhunwala, often referred to as India's Warren Buffet for his investment strategy, has decided to pledge one-fourth of his wealth for charity -- marking yet another common-ground with the legendary American investment guru.</p><p></p><p>Besides his investment acumen, Buffett is also known for his philanthropy and recently asked wealthy Indians to give away part of their wealth towards charity.</p><p></p><p>However, Jhunjhunwala said that his decision was personal and might not have anything to do with Buffett's pledge.</p><p></p><p>Replying to emailed queries from media, 51-year old Jhunjhunwala said that he would donate 25 per cent of his wealth and the inspiration has come from his father, who was an income tax official.</p><p></p><p>"I have made a pledge to myself that I shall donate 25 per cent of my wealth in my lifetime. I am already supporting some causes and the other causes will be known once I start supporting them," Jhunjhunwala said.</p><p></p><p>Asked about his inspiration, Jhunjhunwala attributed his decision to the teachings of his late father, who would not have been able to complete his BCom degree had it not been for the timely help from his friend.</p><p></p><p>"My biggest inspirations are the teachings of my late father. It also arises from the realisation that the giver of wealth is God and he casts upon us the responsibility that this wealth be used for good social purpose," he said.</p><p></p><p>"The fact that I have far lesser wealth then people think but far more than I need and that my children will be very well provided even if I reduce their share in my wealth and spend it on charity," he added.</p><p></p><p>Recently, he had said that he treats charity as his fourth child and would want his wealth to be divided equally among all his children.</p><p></p><p>On whether he was inspired by Buffet, he said, "I am affected by every human I interact with, but finally it's my own decision and I have been inspired more by my late father."</p><p></p><p>Though Jhunjhunwala refused to quantify his net worth, it has been estimated at over USD 1 billion in the past in rankings like Forbes Rich List. He is said to have started investing with an initial capital of USD 100.</p><p></p><p>Jhunjhunwala said, "I feel every Indian should do what their conscience and their pocket allow them to do."</p><p></p><p>He joins the likes of Buffett, Bill Gates and a litany of many other westerners and his countrymen like Azim Premji of Wipro, HCL's Shiv Nadar and GM Rao of the GMR Group.</p><p></p><p>Nadar has pledged to give 10 per cent of his wealth to charity, while Premji has transferred 8.7 per cent of his stake to his education-focused charity Azim Premji Foundation.</p><p></p><p>The GMR Group founder Rao has also pledged 12.5 per cent of stake in the business to a family-run foundation.</p><p></p><p></p><p><a href="http://articles.economictimes.indiatimes.com/2011-08-04/news/29850659_1_rakesh-jhunjhunwala-wealth-charity" target="_blank">http://articles.economictimes.indiatimes.com/2011-08-04/news/29850659_1_rakesh-jhunjhunwala-wealth-charity</a></p></blockquote><p></p>
[QUOTE="kds1980, post: 151305, member: 1178"] Billionaire investor Rakesh Jhunjhunwala pledges 25 pc of wealth for charity PTI Aug 4, 2011, 08.31pm IST MUMBAI: Billionaire investor Rakesh Jhunjhunwala, often referred to as India's Warren Buffet for his investment strategy, has decided to pledge one-fourth of his wealth for charity -- marking yet another common-ground with the legendary American investment guru. Besides his investment acumen, Buffett is also known for his philanthropy and recently asked wealthy Indians to give away part of their wealth towards charity. However, Jhunjhunwala said that his decision was personal and might not have anything to do with Buffett's pledge. Replying to emailed queries from media, 51-year old Jhunjhunwala said that he would donate 25 per cent of his wealth and the inspiration has come from his father, who was an income tax official. "I have made a pledge to myself that I shall donate 25 per cent of my wealth in my lifetime. I am already supporting some causes and the other causes will be known once I start supporting them," Jhunjhunwala said. Asked about his inspiration, Jhunjhunwala attributed his decision to the teachings of his late father, who would not have been able to complete his BCom degree had it not been for the timely help from his friend. "My biggest inspirations are the teachings of my late father. It also arises from the realisation that the giver of wealth is God and he casts upon us the responsibility that this wealth be used for good social purpose," he said. "The fact that I have far lesser wealth then people think but far more than I need and that my children will be very well provided even if I reduce their share in my wealth and spend it on charity," he added. Recently, he had said that he treats charity as his fourth child and would want his wealth to be divided equally among all his children. On whether he was inspired by Buffet, he said, "I am affected by every human I interact with, but finally it's my own decision and I have been inspired more by my late father." Though Jhunjhunwala refused to quantify his net worth, it has been estimated at over USD 1 billion in the past in rankings like Forbes Rich List. He is said to have started investing with an initial capital of USD 100. Jhunjhunwala said, "I feel every Indian should do what their conscience and their pocket allow them to do." He joins the likes of Buffett, Bill Gates and a litany of many other westerners and his countrymen like Azim Premji of Wipro, HCL's Shiv Nadar and GM Rao of the GMR Group. Nadar has pledged to give 10 per cent of his wealth to charity, while Premji has transferred 8.7 per cent of his stake to his education-focused charity Azim Premji Foundation. The GMR Group founder Rao has also pledged 12.5 per cent of stake in the business to a family-run foundation. [url]http://articles.economictimes.indiatimes.com/2011-08-04/news/29850659_1_rakesh-jhunjhunwala-wealth-charity[/url] [/QUOTE]
Insert quotes…
Verification
Post reply
Discussions
Hard Talk
Interviews
Billionaire Investor Rakesh Jhunjhunwala Pledges 25 Pc Of Wealth For Charity
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top