Adani Group chairman Gautam Adani, Asia’s richest (world's 5th richest person), and his family have pledged to donate Rs 60,000 crore ($7.7 billion) to a slew of social causes, to mark his 60th birthday.

The donation will be managed by the Adani Foundation for bolstering health care, education and skill development, Adani told Bloomberg in an interview Thursday.

Gautam Adani took to Twitter to announce the donation and said the contribution is to help “build an equitable, future-ready India”.

“This is one the largest transfers made to a foundation in the Indian corporate history," he said, adding that this commitment also honors the birth centenary year of his father, Shantilal Adani.

The Indian tycoon, a first-generation entrepreneur who turns 60 on Friday, joins the ranks of global billionaires like Mark Zuckerberg and Warren Buffett who have committed large parts of their wealth for philanthropy. With a net worth of almost $92 billion, according to the Bloomberg Billionaires Index, Adani has added a little more $15 billion to his wealth this year -- the biggest gainer globally, the index shows.

The donation will focus on areas such as healthcare, education, and skill development, which form the foundation of an ‘Atmanirbhar Bharat,' it added. "The Adani Foundation has gained rich experience in working with communities focused on integrated development efforts across all these areas. Addressing these challenges can significantly enhance the competence and competitiveness of our future workforce."

Adani Group is constituted of 7 publicly listed entities with combined market capitalization in excess of with businesses spanning across Energy, Ports & Logistics, Mining & Resources, Gas, Defence & Aerospace and Airports.

Responding to the announcement, Azim Premji, the chairman of Azim Premji Foundation & founder chairman of Wipro Limited said, “Gautam Adani and his family’s commitment towards philanthropy should set an example that we can all try to live Mahatma Gandhi’s principle of 'trusteeship' at the peak of our business success. We need not wait for our sunset years.”