Azim Premji donates his half stakes from wipro towards charity.
|source via:-google search/news/yahoo, Azim Premji donates his wealth to the poor|
The first Indian to sign the Giving Pledge Mr Azim Premji (Wipro's Chairman), by allocating an additional 18% stake in company to fund philanthropy he has set aside more then half of his wealth for charity,thus earmarking 39 % of stake worth rupees 53,284 crore.
The 69 year old Mr Azim Premji is the first to sign the giving pledge, sponsored by billionaires Warren Buffet and Microsoft co-founder Mr Bill Gates to invite the world's wealthiest to donate their majority of wealth towards charity.
Premji in a letter to shareholder said that he has transferred a significant part , amounting to 39% of shares to a trust.
And according to the hurun India Philanthropy list Mr Azim Premji was considered the "Most Generous Indian" of 2014.
Azim Premji donates his half stakes from wipro towards charity. Reviewed by OnlyHeadlines Senior Writer on Thursday, July 09, 2015 Rating: