Amid the crisis, Coronavirus (COVID-19) broke the news on social media on Friday that Azim Premji, the chairman of tech company Wipro, has given Rs 50,000 crore to the charity.
However, this has no connection with the truth. When his company was asked about this viral claim, the answer was no. Speaking to CNBC-TV18, Wipro said, “This announcement was made in March 2019. No such announcement has been made today. ”
Actually, Premji is known for his generosity with his name, wealth and fame. He has been donating in the past to provide good education to the economically weaker section. In March, 2019, he donated 34% shares of his company for good deeds.
According to Forbes, his current net worth is $ 5.2 billion (about 36 thousand crores). And, so far he has donated $ 21 billion (1.47 lakh crore rupees).
Azim Premji, executive chairman of well-known IT company Wipro Limited, retires on 30 July.
According to the statement by Wipro, “Indian technology industry veteran and Wipro Ltd. Azim Premji, the founder of, retired from the post of Executive Chairman on 30 July 2019 after completing the current term. He retires after leading the company for 53 years.
Azim (73) had to leave engineering studies in 1996 due to the death of his father. He was then 21 years old and studied at Stanford University in the United States, when suddenly the businessman was on his shoulders. However, he completed his degree in 2000.
Azim’s family was already in the vegetable oil business, which he not only ran well, but also grew. This is the reason why he gave Wipro the status of the top IT company. Apart from work, he is very interested in philanthropy. Especially to improve the standard of education in government schools. In 2018, he was awarded the Lifetime Achievement at the Leadership Awards of the magazine Forbes India, famous for both these things. Apart from this, he has also received the Padma Vibhushan award in 2011.
Premji’s biggest contribution to the IT sector was that he used to search for things which had not come before the corporate world. In 1981, he developed a 16-bit multi-tasking computer in collaboration with some countries. Further laid the foundation of the country’s first product company ie Wipro Systems, which launched Instaplan (project planning software).
He loves trekking and watching movies. He considers the late Jahangir Ratan ji Dadabhai Tata (JRD Tata) to be his icon and gives 8.6 per cent of his company’s stake (about eight and a half thousand crore rupees) to the Azim Premji Foundation. He has two children from his wife Yasmin, Rishad and Tariq. Let us tell you that Wipro is the second largest hydraulic cylinder making company in the world today.