VENKAT KRISHNAN N.
A wealth tax is the only way to introduce some semblance of equity in society.
My wealth currently earns more than 50 times what I need for my family every year, literally without lifting a finger, simply through investing. While I am happy to channel it back into philanthropy, it rankles that those of us who have wealth need to do precious little to keep earning more of it, while those who work really hard cannot earn in a year, what we make in a week or less. A wealth tax is the only way to introduce some semblance of equity in society.
Venkat Krishnan N. graduated from IIM-Ahmedabad in 1993 and started his career with the media, working first at “The Times of India” then helping set up Sony Entertainment Television in India as part of the core management team. In 2011, Venkat played a coordinating role in setting up India Philanthropy Initiative, an effort to engage India’s billionaires in giving back to society, led by Bill Gates, Azim Premji and others. Venkat spends 90+% of his time and money on philanthropic pursuits. Since 2018, he runs India Welfare Trust, his philanthropic Foundation that currently focuses on promoting volunteerism and philanthropy in India.