Azim Premji raises his contribution to philanthropy to $21 billion

WIPRO chairman Azim Premji has significantly raised his contribution towards philanthropy by earmarking an additional 34% shares in the company.

The total value of the philanthropic endowment corpus contributed by Premji is Rs 1,45,000 crore or approximately $21 billion, which includes 67% of economic ownership of Wipro.

Azim Premji does his philanthropic activities through his foundation Azim Premji Foundation, which works directly in education and supports other not-for-profits working in some specific areas through multi-year financial grants.

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