Azim Premji, The Greatest Entrepreneurial Philanthropist of India: Forbes


Bangalore: Standing up to the meaning of his name, Azim Premji has proven to be one of the greatest philanthropist of an entrepreneur in his truly inspiring career of soaps to software, as reported by Forbes. One of the most prominent businessmen of the country and a role model for many young entrepreneurs around the world, the Chairman of Wipro is equally admired for his understanding of human values.

Even with a net worth of over $15 Billion, the electrical engineer from Stanford University considers his social responsibilities as his greatest duty in life. Under the shade of Wipro Equity Reward Trust, Premji’s enterprise allows its employees to own a fraction of the company’s profits and successes through stipulated shares. Following the call of corporate social responsibility, Azim Premji’s non profit foundation has established the Azim Premji University in Karnataka to train the teachers from rural and impoverished schools and help them improve the condition of the elementary education in India.

The University currently provides courses like Masters in Development, Masters in Education and Masters in Teacher Education. Azim Premji has also pledged to donate $2 Billion for improving school education in India, which will be derived from 213 million equity shares of Wipro controlled by the Chairman.

What motivates Azim Premji towards charity and why?