The founder-chairman of Wipro, Azim Premji, has aced the list of philanthropists in India for 2020 with a donation of Rs 7,904 crore.
According to EdelGive Hurun India Philanthropy List 2020, which was released on Tuesday, he has donated Rs 22 crore per day.
EdelGive Hurun India Philanthropy List 2020
The press release by EdelGive Hurun India Philanthropy List 2020 reveals that “Azim Premji Endowment Fund owns 13.6 per cent of the promoter’s shareholding in Wipro and has the right to receive all money 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) committed INR 1,125 crore towards tackling the Covid-19 pandemic outbreak. These are in addition to the annual CSR activities of Wipro, and the usual philanthropic spending of the Azim Premji Foundation,”.
The managing director and chief researcher, Hurun India, Anas Rahman Junaid said “Azim Premji is a role model for Indian philanthropy and is continuing to inspire other entrepreneurs into giving”.
After him, the HCL Technologies‘ Shiv Nadar holds the second in the list with a donation of Rs 795 crore for charitable causes.
Third, Fourth and Fifth Place
Third place is secured by the chairman and managing director of Reliance Industries Ltd and Asia’s richest man, Mukesh Ambani by donating Rs 458 crore.
According to the reports, “On 30 March 2020, Reliance Industries announced a donation of Rs 500 crore to the PM CARES Fund and Rs 5 crore each to the Chief Minister’s Relief Fund of Maharashtra and Chief Minister’s Relief Fund of Gujarat to support their fights against the COVID-19,”.
Kumar Mangalam Birla & family ranked fourth in EdelGive Hurun India Philanthropy List 2020 with a donation of Rs 276 crore.
The founder and chairman of Vedanta, Anil Agarwal & family have secured fifth position with a donation of Rs 215 crore.
Anil Agarwal pledged 75% of his wealth to charity in September 2014.
As per the details given by Hurun India,”EdelGive Foundation has partnered with Hurun India towards creating this report to understand philanthropic giving in the country from a data and evidence point of view,”.
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