Stay updated with breaking news from R Thyagarajan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
R Thyagarajan gave away more than Rs 6210 crore. He gave away all his shareholdings to a group of employees. He transferred the entire money to the Shriram Ownership Trust.
Thyagarajan’s prognosis isn’t uniformly shared across the group, though.
R Thyagarajan Shriram Group Success Story: This is the story of R Thyagarajan, a visionary Indian business tycoon whose journey from humble beginnings to astonishing heights is not only marked by his empires financial triumphs but by his exceptional commitment to humanity.
HE built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave away almost all his wealth to a handful of employees, content with his small house and a US$5,000 car.
R Thyagarajan is arguably one of the world’s most idiosyncratic financiers — in no small part because his multibillion-dollar business, the Shriram Group, has thrived in an industry that tripped up countless others around the globe.