Billionaire Thyagarajan Donates Rs 6000 Cr to Employees; No Phone, Luxury Car

• Ramamurthy Thyagarajan, founder of Rs 1.5 lakh crore Shriram Group, donated Rs 6000 crore worth of shares to his employees in 2006.
• Despite immense wealth, he lives simply, owning no smartphone or luxury car, and drives a modest Rs 6 lakh vehicle.
• He co-founded Shriram Chits at 37 to provide loans to truck drivers and small business owners ignored by traditional banks.
• Shriram Group now serves 11 million customers with assets over Rs 1.5 lakh crore, built on community trust, not credit scores.
• Thyagarajan believes in paying employees enough for happiness, fostering a work-focused environment without unhealthy competition.