Finance
By: Shree1news, 10 NOV 2020
Azim Premji, the founder and chairman of Wipro, has topped the list of India’s philanthropists 2020 with a total donation of Rs 7,904 crore.
In keeping with the seventh edition of EdelGive Hurun India Philanthropy Record 2020, Ajit Premji has been probably the most beneficiant philanthropist in India for 2020. He has donated Rs 22 crore per day.
“Azim Premji Endowment Fund owns 13.6 per cent of the promoter’s shareholding in Wipro and has the proper to obtain all cash earned from promoter shares. On 1 April 2020, Azim Premji Foundation (Rs 1,000 crore), Wipro (Rs 100 crore), and Wipro Enterprises (INR 25 crore) have dedicated INR 1,125 crore in direction of tackling the Covid-19 pandemic outbreak. These are along with the annual CSR actions of Wipro, and the usual philanthropic spending of the Azim Premji Foundation,” the press assertion by EdelGive Hurun India Philanthropy List 2020 learn.
“Azim Premji is a role model for Indian philanthropy and is continuing to inspire other entrepreneurs into giving,” Anas Rahman Junaid, MD and Chief Researcher, Hurun India, said.
HCL’S Shiv Nadar, 75, ranked second with Rs 795 crore donation. As of 2019, Nadar has invested over $800 million via the Basis, impacting over 30,000 students instantly. Nadar’s wife, Kiran Nadar chairs the Kiran Nadar Museum of Art, India’s first personal philanthropic art museum exhibiting modern and modern works from India and the subcontinent.
With a donation of Rs 458 crore by richest India Mukesh Ambani, who is the Chairman of Reliance Industries, got here third. On March 30, Reliance Industries introduced a donation of Rs 500 crore to the PM CARES Fund and Rs 5 crore every to the Chief Minister’s Relief Fund of Maharashtra and Chief Minister’s Relief Fund of Gujarat to help their fights towards the Covid-19.
Kumar Mangalam Birla, who donated Rs 276 crore, ranked fourth in EdelGive Hurun India Philanthropy List 2020. On April 3, Aditya Birla Group donated Rs 400 crore to the PM CARES Fund and Rs 50 crore to FICCI-Aditya Birla CSR Centre for Excellence. Additionally, allotted Rs 50 crore for supplying N95 Masks, PPE’s and ventilators.
The fifth place is occupied by the founder and chairman of Vedanta, Anil Agarwal who donated Rs 215 crore. In September 2014 Anil Agarwal pledged 75 per cent of his wealth to charity. The foundation work towards training and computer literacy, vocational training, girls and child empowerment, and community welfare.
Source: A-N
