My father always believed he was a trustee of his wealth and not a owner: Rishad Premji

ET Now Digital
Updated Nov 11, 2020 | 14:06 IST

Azim Premji was the 1st Indian to sign up for The Giving Pledge, a campaign led by Warren Buffett and Bill Gates, to encourage the wealthiest people to make a commitment to give most of their wealth to charity.

My father always believed he was a trustee of his wealth and not a owner: Rishad Prmji
Rishad Premji, Azim Premji's elder son and the chairman of Wipro. 

New Delhi: Azim Premji, the founder-chairman of Wipro, is the most generous individual in the country as he donated Rs 22 crore a day, taking his total contribution to charity in the previous year to Rs 7,904 crore, according to Eledgive Hurun Philanthropy list 2020.

Rishad Premji, Azim Premji's elder son and the chairman of Wipro today wrote in a twitter post that "My father has always believed that he was a trustee of his wealth and never it’s owner.  Being part of the communities in which we live and work is also a core part of Wipro." 

Azim Premji, who transformed Wipro from a company making vegetable oil to a diversified conglomerate, is one of the richest men in India but when it comes to charity he has been on the top of the philanthropic list. Till now he has donated nearly half of his wealth towards charity. His main charity work has been in the field of education.

Azim Premji was the first Indian to sign up for The Giving Pledge, a campaign led by Warren Buffett and Bill Gates, to encourage the wealthiest people to make a commitment to give most of their wealth to philanthropic causes. He is the third non-American after Richard Branson and David Sainsbury to join this philanthropy club.

In May 2020, the Azim Premji Foundation collaborated with the National Centre for Biological Sciences, and the Institute for Stem Cell Science and Regenerative Medicine for augmenting testing infrastructure to deal with the coronavirus pandemic.

According to the 2020 EdelGive Hurun Philanthropy List which showcases 112 people who have donated Rs 5 crore or more during April 2019 to March 31, 2020, Shiv Nadar, founder and chairman of HCL Technologies, ranked second followed by Mukesh Ambani, the richest man in India.
 

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