Azim Premji Wealth

Azim Premji, the philanthropist tycoon, sets an example

The third richest Indian, Wipro chairman Azim Premji, has done it again. Setting an example for the other billionaires in the country, the Wipro Chairman on Friday transferred shares worth about Rs 12,300 crore to his philanthropic arm, the Azim Premji Trust. This is the largest philanthropic transfer by any individual in the country. ...  

Premji transfers Wipro stock worth Rs 12,300 cr to trust

Giving more to philanthropy, IT czar Azim Premji on Friday announced transfer of 295.5 million equity Wipro shares worth Rs 12,300 crore held by certain entities controlled by him, to an irrevocable trust. The trust will utilise the endowment to fund, various social, not-for-profit initiatives of Azim Premji Foundation, which are expected to scale significantly over the next few years, the statement said. ...  

Azim Premji pledges to donate huge chunk of his wealth

The third richest Indian is giving it away in charity. At a time when crores are bungled and tucked away in Swiss accounts, Wipro chairman Azim Premji becomes the first Indian to sign up for the Gates-Buffet International Giving Pledge. ...