Saturday, 14 September 2019

Azim premji Donates 1 lac 45 thousand crrore rupees (Rs 1.45 trillion/ $21 billion)


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Azim premji Donates 1 lac 45 thousand crrore rupees (Rs 1.45 trillion/ $21 billion)

Azim Premji, India’s second-richest man, on Wednesday gave away 34% of his shares in Wipro Ltd to charitable causes, confirming his status as the most philanthropic Indian.

The shares given away by Premji—a man known for his frugal ways—are valued at about $7.5 billion.

With the latest contribution, the total value of funds committed by the billionaire to Azim Premji Foundation’s philanthropic activities is Rs 1.45 trillion ($21 billion). This includes a 67% economic ownership of Wipro, the foundation said on Wednesday.gn=cppst

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