- Chairperson of the Reliance Foundation Nita Ambani was honored by a leading American magazine as one of the world’s best philanthropist.
Chairperson of the Reliance Foundation Nita Ambani was recognized by a leading American magazine as one of the world’s best philanthropist in 2020 for her work in the aftermath of the coronavirus pandemic. She is the only mentioned Indian.
The American magazine Town & Country’s summer issue featured Ambani and the Reliance Foundation among the 2020 ‘s top philanthropists who are saving lives and our sense of hope given the COVID-19 circumstances.
The coverage magazine spotlights Ambani for leading the efforts of the Reliance Foundation to feed frontline workers and the needy, its financial contributions, and the establishment of India’s first COVID-19 hospital.
Among the likes of Apple chief Tim Cook, Steve Jobs’ widow Laurene Powell Jobs, former US presidential hopyman Michael Bloomberg, fashion designer Donatella Versace, Oscar-winning actor Leonardo DiCaprio, among others, Ambani, the only Indian representative in the list, finds a place.
Recognizing Ambani’s and the Reliance Foundation ‘s efforts, the magazine stated: “The Reliance Foundation — the Reliance Industries philanthropic initiative, founded and chaired by Ambani — distributed millions of meals and masks to frontline workers and the poor, set up India’s first COVID-19 patient hospital, and donated $72 million to an emergency fund.
Speaking of her appreciation, Ambani said: “Crises almost always demand immediate and urgent attention, relief, money, creativity, and compassion, most importantly. Over the years, we at the Foundation and at Reliance Industries have prepared ourselves to respond to crises with immediate, multi-pronged, as well as systemic and tailored responses to make our efforts impactful and sustained.
“We are pleased and humbled that our initiative is being recognized at the global level. Our philanthropy supports our government and community whenever the need arises.
Town & Country is a leading American lifestyle magazine and the oldest continually published (since 1846) general interest magazine in the United States.
According to the Bloomberg Billionaires Index, the net worth of Mukesh Ambani, president of Reliance Industries Ltd., has soared to $64.5 billion, making him the only Asian tycoon in the exclusive club of the world’s top 10 richest men. He overtook Oracle Corp.’s Larry Ellison, and France’s Francoise Bettencourt Meyers, the richest woman, to hit the No. 9 spot.
Ambani, who owns 42 percent of Reliance, has benefited from a surge of investment in the digital unit of the group, Jio Platforms Ltd., which Reliance said has made it free of net debt ahead of a March 2021 deadline.