Infosys co-founder signs Giving Pledge, donating half of his wealth to charity

Infosys co-founder and tech billionaire Nandan Nilekani and his wife Rohini Nilekani have joined The Giving Pledge, an elite network of the world’s wealthiest individuals committing half their wealth to philanthropy.

Pioneered by Microsoft founder Bill Gates, his wife Melinda Gates, and billionaire investor Warren Buffett in 2010, The Giving Pledge has seen as many as 171 wealthy philanthropists across the world sign up for the cause.

In India, Nilekanis are the fourth after Wipro chairman Azim Premji, Biocon chairman Kiran Mazumdar-Shaw, and Sobha Developers chairman emeritus PNC Menon.

A first-generation entrepreneur, Nandan Nilekani is estimated to be worth $1.7 billion, deriving most of his wealth from Infosys stocks.

Earlier in the day, The Giving Pledge site put out Nilekanis’ letter signing up for the cause and Bill Gates welcomed the couple to the collective through Twitter.

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