Overview

• Mukesh and Nita Ambani were named among the 100 most influential philanthropists in Time magazine’s first-ever philanthropy-focused list, published on May 20, 2025.
• The Ambanis donated ₹407 crore (approximately $48 million) in 2024, funding initiatives in education, healthcare, rural development, sustainable agriculture, and women’s empowerment.
• Nita Ambani, chairperson of the Reliance Foundation and co-owner of the Mumbai Indians IPL team, was also recognized for her contributions to sports development, particularly for women athletes.
• Other notable Indian philanthropists featured include Azim Premji, who endowed $29 billion to his foundation, and Nikhil Kamath, founder of the Young India Philanthropic Pledge (YIPP).
• The list highlights a global shift towards leveraging private wealth to address societal challenges, with philanthropy increasingly filling gaps left by governments and institutions.