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The competition between me and Bill Gates, probably: Who can spend money more effectively that can do better philanthropy.
—Jack Ma
I feel that India lacks a level of philanthropy that is proportional to the wealth that is here, particularly among the top 5,000 industrialists and entrepreneurs.
—Romesh Wadhwani
Philanthropy is no longer about writing a cheque for $10,000 to the opera.
—Jacqueline Novogratz
India’s connection with philanthropy didn’t begin with Western influences.
It is age-old and ingrained in our value systems.
—Shiv Nadar
You cannot mandate philanthropy. It has to come from within, and when it does, it is deeply satisfying.
—Azim Premji
Philanthropy without scale and sustainability is like any other bad business that will simply wither and die on the vine.
—Naveen Jain
Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
—Michael Porter
Philanthropy should be voluntary.
—Bill Gates
Unfortunately, the mechanism for doing philanthropy in a structured way isn’t yet in place in India. I already do a fair bit and support various causes such as education, sanitation, health. But selling costly drugs at affordable prices is philanthropy in itself.
—Yusuf Hamied
With few exceptions, the leading women in philanthropy, notably Melinda Gates, are the wives or daughters of rich and powerful men.
—Kavita Ramdas
My theme for philanthropy is the same approach I used with technology: To find a need and fill it.
—An Wang
(This story appears in the 04 January, 2019 issue of Forbes India. To visit our Archives, click here.)