Muslim business tycoon Azim Premji is the most generous man in India

Azim Premji - The News Today - TNT

MUMBAI: Indian Muslim business tycoon Azim Premji donated 10 times more money than billionaires Mukesh Ambani and Shiv Nadar in 2020, Indian media reported.

With an impressive donation of Rs791 billion, Wipro founder and chairman Premji and his family topped the delGive Hurun India Philanthropy List 2020.

This means that Premji donated an astounding Rs 0.22 billion, the calculation said.

Shiv Nadar, founder chairman of HCL Technologies, and Mukesh Ambani, chairman, Reliance Industries, follow behind Premji in the list.

Kumar Mangalam Birla, chairman, Aditya Birla Group was in the fourth spot, while Anil Agarwal, chairman, Vedanta Group came in fifth, EdelGive Foundation said in a statement.

The Azim Premji Endowment Fund owns 13.6 per cent of the IT Czar’s shareholding in Wipro and receives all the money earned from promoter shares.

As India struggled with the coronavirus infection by reporting huge numbers, putting its health system under immense strain, the Azim Premji Foundation committed Rs 100 billion for tackling the pandemic.

The foundation also pledged 10 billion from Wipro and 0.25 billion from Wipro Enterprises, making it a total of Rs 113 billion in donations.

These are not the only donations made by the foundation, as Wipro frequently conducts its corporate social responsibility (CSR) activities and the Azim Premji Foundation also carries out philanthropic activities.

Read more: $ 144 billion reconstruction effort at greater risk amid uncertain Afghan…

Notify of
Inline Feedbacks
View all comments