Azim Premji

The Czar of Indian IT industry and founder of Wipro, Azim Premji stepped down from his post of executive chairman and Managing Director of Wipro in July 2019. In the same month, he also attended his last annual general meeting and addressed its employees and shareholders. Premji will continue to be on the board of the company. He had served as the executive chairman of Wipro for a long period of 53 years.

But that’s not the only reason why he was in the news. This year, Premji also announced an increased contribution to his charity – Azim Premji foundation. Premji has earmarked all economic benefits for philanthropy, setting aside 34% of Wipro shares worth $7.5 billion.

His total contribution to philanthropy now stands at a whopping $21 billion, including 67% of economic ownership of Wipro Limited.