Azim Premji, entrepreneur and social worker of the IT sector, surprised everyone with his decision, and with this announcement, he became Asia’s largest donor. Azim Premji, entrepreneur and social worker of the IT sector, surprised everyone with this decision, and with this announcement, he became Asia’s largest donor. His announcement came at a time when the status of social service in India is less.
IT veteran and Wipro chairman Azim Premji (Azim Premji) has donated shares worth of around Rs 52,750 crore ($ 7.5 billion). The wealth that Premji has donated is about Wipro’s 34 % stake. His foundation has declared a statement declaring that from this initiative, the total amount donated to charity by Premji has increased to 145,000 crores ($ 21 billion), which is 67 percent of Wipro Limited’s financial ownership.
In the Forbes list of the world’s billionaires, Wipro Chairman Azim Premji was ranked 36th in the list with a property worth $ 22.6 billion. The foundation of Wipro works mainly for uplifting the education sector, The aim of which is to improve the quality of public schooling system and of other non-profit organizations working in the field through multi-year financial grants.
It said in the statement released by the Foundation, “Presently the working area of education extends to Karnataka, Uttarakhand, Rajasthan, Chhattisgarh, Puducherry, Telangana, and Madhya Pradesh, and it also spreads in some states of the northeast. ”
In the same statement, it is said, “Azim Premji has increased his commitment to charity by sacrificing his personal property and donating it to charity work, which will help the charitable work of Azim Premji Foundation.”
More than 150 NGOs working for the financially weaker sections have got funds from Azim Premji Foundation in the last 5 years. About 1600 people are working in the field for this. This foundation also runs Azim Premji University in Bangalore. Soon this university will be created with the capacity of 5000 students and 400 teachers. After this, there is a plan to open a university in North India too.
He is also the first Indian to sign ‘The Giving Pledge’ which was started by Bill Gates and Warren Buffett. Under this initiative, the billionaire donates at least half of their wealth for social work. Premji has also been honored with the highest civilian honor of France ‘Chevalier de la Legion de Honor’.