Indian billionaire Harsh Goenka shared his opinion on X while reacting to Nithin Kamath's reply to "Why do Indians hate rich people?"

It is often observed that in India, which has a jarring wealth disparity between the rich and the commoners, the rich who shamelessly flaunt their riches are hated by the masses, yet billionaires like Ratan Tata,

Indians celebrate good billionaires like Ratan Tata, Azim Premji, and Anand Mahindra—they’re loved and emulated for their humility, philanthropy, and values," the RPG Group chairman argued.

Nithin Kamath's comment on Indians' dislike for the wealthy sparked debate. Harsh Goenka countered, asserting that Indians admire billionaires like Ratan Tata for their philanthropy and values, while criticizing those who flaunt wealth and prioritize personal gain.

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RPG group chief Harsh Goenka responds to Zerodha CEO Nithin Kamath’s remarks on why Indians dislike the wealthy by asserting that Indians celebrate billionaires like Ratan Tata for their humility and philanthropy.

Kamath had said that India's socialist roots still heavily influence its attitudes toward wealth, even as the country grows economically. “We are all socialists,” he added.