Azim Premji donates 34 per cent of shares in his company- worth 52,750 crores

Billionaire chairperson Azim Premji of Wipro Limited has just added to the billions of dollars worth he has already donated by committing 34 per cent of shares in his company- worth 7.5 billion dollars or 52,750 crores.

This brings the total value of his philanthropic donation to a massive 1,45, 000 crores – or 21 billion dollars – among the largest in the world.

In a release, the Azim Premji Foundation said: “The Foundation’s extensive field work in education has been in some of the most disadvantaged parts of India, to help contribute to the improvement of quality and equity of the public (government) schooling system.’

Release further stated, ‘All this work has been in close partnership with various State Governments. Currently this field work is spread across Karnataka, Uttarakhand, Rajasthan, Chhattisgarh, Puducherry, Telangana, and Madhya Pradesh, along with some work in the north-eastern states of India.’

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