Azim Premji has become the most generous Indian in 2020 (Reuters)
Azim Premji, the founder and chairman of Wipro, topped the list of philanthropists in India for 2020 with 7,904 rupees in donations. He donated Rs 22 million a day, according to the EdelGive Hurun 2020 Indian Philanthropy List.
“Azim Premji Endowment Fund owns 13.6% of the promoter’s shares in Wipro and is entitled to receive all the money obtained from the promoter’s shares. On April 1, 2020, the Azim Premji Foundation (Rs 1000 crore), Wipro (Rs 100 crore), and Wipro Enterprises (INR 25 crore) has committed INR 1,125 crore to address the Covid-19 pandemic outbreak. This is in addition to Wipro’s annual CSR activities and the Azim Foundation’s regular philanthropic spending. Premji “, a press release from EdelGive Reveals Hurun India 2020 Philanthropy List.
Azim Premji, 75, transformed Wipro from a vegetable oil company to a diversified conglomerate. One of the richest men in India, he has donated much of his wealth to philanthropic causes.
After her father emerged as the most generous Indian of the year 2020, Rishad Premji took to Twitter to share something about her father’s philosophy on wealth.
“My father has always believed that he was a trustee of his wealth and never its owner,” wrote Rishad Premji. “Being part of the communities in which we live and work is also a fundamental part of Wipro.”
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 fundamental part of Wipro. pic.twitter.com/TiDL58S23M
– Rishad Premji (@RishadPremji) November 11, 2020
Speaking with Gujarat Vidyapith graduate students last year, Azim Premji revealed that his thinking and actions on what he should do with his wealth were influenced by his mother and Mahatma Gandhi.
“It was Mahatma Gandhi who, after my mother, most strongly influenced my thoughts and actions about what I should do with the privilege of my wealth,” Premji had said.
“The Mahatma’s idea that the rich should be trustees of their wealth for the good of the people and the community has resonated with me long before I became rich,” he said.
HCL Technologies Founding Chairman Shiv Nadar was ranked 2nd on the EdelGive Hurun India 2020 Philanthropy List with donations of Rs 795 crore.
Third on the list was taken by the richest man in India, Mukesh Ambani, with donations of Rs 458 million.
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