Business

WIPRO King “Azim Premji” Donate His Almost Half Stake To Charity

The Wipro King “Azim Premji” Show His Philanthropy,Premji Donate Almost Half Of His Shareholdings In Wipro to Charity. Wipro Is The 3rd Largest Software Services Exporter of India.The India Billionare Is The founder Of WIPRO(3rd Largest Software Services Exporter of India) Has Donate an Additional 18% Stake Holding in IT Company to Charity.

WIPRO Owner Azim Premji Donate His Almost Half Stake To Charity

Azim Premji Is The First Indian To Sign The “GIVING PLEDGE”,Which is Sponsored By The famous Billionaire Warren Buffett And World’s Richest Men Co-Founder Of Microsoft Bill Gates To Invite World’s Richest To Donate Their Wealth To Charity.

The WIPRO King "Azim Premji" Donate His Almost Half Stake To Charity

The WIPRO King “Azim Premji” Donate His Almost Half Stake To Charity

Who Is Azim Premji ?

Azim Hashim Premji is One Of The Biggest Business tycoon Of India,founder Of Wipro Ltd. Premji Also known As Czar Of The Indian It Industry. Azim Premji Was Born On 24 July,1945 in Mumbai,Maharashtra Father “Mohamed Hashem Premji” was A Successful Businessman,Known As Rice King Of Burma,After Partition Of India & Pakistan,Jinnah Invited his father In Pakistan But he choose to Be Reside in India.

Azim Premji Earns A Bachelor degree In Electrical Engineering From Stanford University,USA. He Is Married To Yasmeen & Have Two Children from Wife,Rishad & Tariq.The Elder One Rishad Is Recent chief Strategy Officer Of Wipro Ltd.

The WIPRO King "Azim Premji" Donate His Almost Half Stake To Charity

Azim Premji honored By Lots Of University As Doctorate :

1. Manipal Academy Of Higher Education,2000
2.National Institute Of Industrial Engineering,Mumbai,2006
3.Wesleyan University,Middletown,2009
4.Mysore University,2015

Premji Also Honored By Government :

1. Padma Bhushan ,2005
2. Padma Vibhushan ,2011

Premji Received ET Lifetime Achievement Award In 2013

According To Forbes Magazine,Premji Was The Richest Person In India During the Period Of 1999-2005 & Currently 3rd Richest Indian,61st Wealthiest Person Of The World. As Per June 2015 Statics,Azim Premji Have Net Worth Of 16.3 Billion US Dollars
In 2010,Asia week Magazine Recognized Him in 20 Most powerful Men In The World.He has been Listed In 100 Most Influential People Of The World By The TIME Magazine Twice.

Azim Premji Owns 73% Of Wipro Ltd Shares.He Donate 25% Of His Wealth to Charity in 2013 & Pledge To Donate Rest of 25 % In Next 5 Years.

The WIPRO King "Azim Premji" Donate His Almost Half Stake To Charity

The WIPRO King "Azim Premji" Donate His Almost Half Stake To Charity

Azim Premji Donation To Charity Details

In March,2015 Annual Report Premji Said “Over the past fifteen years, I have tried to put this belief into action through my personal philanthropic work”.

Now After Donate His Almost Half Wealth Azim Premji Said “Over these years I have irrevocably transferred a significant part of the shareholding in Wipro, amounting to 39 per cent of the shares of Wipro, to a Trust (of which ownership in 21.14 per cent was transferred and for the balance the Trust is entitled to beneficial interest of dividends and sale proceeds)”

Azim Premji previously Donate His 21% Stake holding Worth About 4.3 Billion US Dollars And Now Total Of 39% Of His Stake holding Worth About Rs.53284 Crore To Charitable Trust.

 

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