Wipro founder-chairman Azim Premji has donated a humongous sum of Rs 7,904 crore. This has made him top the list of philanthropists in India
Bengaluru: They alone live who live for others. The rest are more dead than alive. Isn’t it?
Wipro founder-chairman Azim Premji has just epitomized this thought.
He has donated a humongous sum of Rs 7,904 crore. This has made him top the list of philanthropists in India. On an average, he donated Rs 22 crore per day in 2019, as reported by India Times.
"Azim Premji Endowment Fund owns 13.6 per cent of the promoter's shareholding in Wipro and has the right to receive all money earned from promoter shares. On 1 April 2020, Azim Premji Foundation (Rs 1,000 crore), Wipro (Rs 100 crore), and Wipro Enterprises (INR 25 crore) have committed INR 1,125 crore towards tackling the COVID-19 pandemic outbreak," the website noted.
"These are in addition to the annual CSR activities of Wipro, and the usual philanthropic spending of the Azim Premji Foundation," India Times quoted the press statement by EdelGive Hurun India Philanthropy List 2020.
"Azim Premji is a role model for Indian philanthropy and is continuing to inspire other entrepreneurs into giving," Anas Rahman Junaid, MD and Chief Researcher, Hurun India, as quoted by India Times, said.
“My father has always believed that he was a trustee of his wealth and never its owner. Being part of the communities in which we live and work is also a core part of Wipro,” his son Rishad Premji tweeted.
The website further noted that at the beginning of April itself, Azim Premji pledged Rs 1,125 crore towards the fight against COVID-19. The money was donated with the intention of helping the medical and service fraternity - who are at the frontline of the battle against the pandemic - and people belonging to economically backwards sections of society.
Kudos to such people as they continue to help the society during crisis.
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Last Updated 11, Nov 2020, 6:06 PM