Under-30s take centre stage in Indian philanthropy - Corporate News - livemint.com

Under-30s take centre stage in Indian philanthropy - Corporate News - livemint.com: Significantly, younger high net-worth individuals, or HNIs (under the age of 30), are emerging key players in philanthropic decision-making, according to the report. In the US—ranked highest by individual per-capita giving in the world—philanthropy has long been the realm of older people. Famous American philanthropists such as John D. Rockefeller, Buffett and Gates spent their youth accumulating wealth, only focusing on “giving back” later in life. Indians appear to be bucking this trend, according to the report. To be sure, even in the US, efforts by Gates and Buffett have ensured that young entrepreneurs such as Mark Zuckerberg have signed away a significant portion of their wealth to charity.