HOUSTON – UNS: American billionaire couple’s decision to donate 11.2 billion USD (29 trillion rupees) to charity.
According to details Nancy and Rich Kinder, a billionaire philanthropist couple from the American city of Houston, have announced to dedicate 95% of their wealth, i.e. about 11.2 billion dollars (about 29 trillion rupees), to charity.
According to foreign media reports, this huge amount will be spent on local welfare projects, educational institutions, parks restoration and community welfare programs.
The couple has said that their aim is not just to make money but to contribute to the betterment of their community. Rich Kinder said: “Whatever we’ve achieved in life, it’s because of this community. We’ve always tried to leave the world as good as we possibly can.”
This generosity of Nancy and Rich Kinder is adding them to the list of great philanthropists not only in America but also in the world. This announcement on his part has come at a time when inflation, education problems and social inequality are increasing around the world.
The money will be donated in different phases, with the majority of the capital going to local Houston charities to ensure direct public welfare.
