- Azim Premji donated a whopping Rs7,904 crores in 2020.
- Premji donated 10 occasions greater than Indian billionaires Shiv Nadar, Mukesh Ambani.
- As per calculations, Premji donated Rs22 crores per day in 2020.
Indian Muslim enterprise tycoon Azim Premji donated 10 occasions extra money than billionaires Mukesh Ambani and Shiv Nadar in 2020, as per a report.
With a formidable donation of Rs7,904 crores, Wipro founder and chairman Premji and his household topped the EdelGive Hurun India Philanthropy Checklist 2020.
Which means that Premji donated an astounding Rs22 crores per day final 12 months, based on the calculations.
Shiv Nadar, founder chairman of HCL Applied sciences, and Mukesh Ambani, chairman, Reliance Industries, observe behind Premji within the record.
Kumar Mangalam Birla, chairman, Aditya Birla Group was within the fourth spot, whereas Anil Agarwal, chairman, Vedanta Group got here in fifth, EdelGive Basis mentioned in a press release.
The Azim Premji Endowment Fund owns 13.6% of the IT Czar’s shareholding in Wipro and receives all the cash earned from promoter shares.
As India struggled with the coronavirus an infection by reporting large numbers, placing its well being system beneath immense pressure, the Azim Premji Basis dedicated ₹1,000 crores for tackling the pandemic.
The muse additionally pledged ₹100 crores from Wipro and ₹25 crores from Wipro Enterprises, making it a complete of ₹1,125 crores in donations.
These usually are not the one donations made by the inspiration, as Wipro often conducts its company social duty (CSR) actions and the Azim Premji Basis additionally carries out philanthropic actions.