Tycoon who gave away US$750mil sees profit in loans to the poor
HE built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave away almost all his wealth to a handful of employees, content with his small house and a US$5,000 car. R Thyagarajan is arguably one of the world’s most idiosyncratic financiers –...