Wednesday 21 September 2011
Tuesday 20 September 2011
Charity By Choice
Rakesh Jhunjhunwala pledges 25% of wealth for charity
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.
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