According to reports from Hurun Report India and the Edelgive Foundation, Premji has defeated HCL Technology's Shiv Nadar by a large margin, who previously topped the list of philanthropists.
Nader donated Rs 795 crore in FY 2020, compared to 826 crore spent on philanthropy a year earlier. Premji had earlier spent only Rs 426 crore on donations in the financial year 2018-19. But this year, he broke all records and increased the donations made by Indian entrepreneurs by 175 per cent to Rs 12,050 crore in FY 2020.
The Azim Premji Endowment Fund holds about 13.6 per cent stake in the promoters of Wipro and the fund reserves the right to take the entire amount to be paid as part of the promoter.
Mukesh Ambani Danveer, the richest Indian and chairman of Reliance Industries, is third in the list of Indians. He has spent Rs 402 crore on philanthropy in FY 2020 as compared to donating Rs 402 crore in FY 2018-19.
The three co-founders of Wipro company rival Infosys are also included in the list of donors. Of these, Nandan Nilekani spent Rs 159 crore, Gopal Krishnan Rs 50 crore and SD Shibulal spent Rs 32 crore on donations.
However, Tata Sons overtook everyone with Rs 1500 crore in donations given to fight the corona virus infection. After him Premji is also second in this list with Rs 1125 crore, while Adani has donated Rs 510 crore.
Reliance Industries has donated Rs 500 crore, Tata Sons has donated Rs 500 crore and Aditya Birla Group has donated Rs 400 crore to the PM-Cares fund formed at the call of Prime Minister Narendra Modi.
Amit and Archana created history
Amit Chandra and Archana Chandra of ATE Chandra Foundation entered the list of Danveer Indians with Rs 27 crore. With this, he created the history of becoming the first and only professional manager to appear in this list.
Binny Bansal, co-founder of e-commerce company Flipkart, has proved to be the youngest donor in the list of donors at the age of 37. Binny spent 5.3 crores for philanthropy. The average age of the people included in the list of philanthropists is estimated at 66 years.
Education sector has benefited the most
Philanthropic entrepreneurs were eyeing the highest education sector, where 90 philanthropists led by Premji and Nadar donated Rs 9324 crore. This was followed by 84 donors for health services and 41 donors for disaster relief and rehabilitation programs.
It is also worth knowing
78 people donated more than Rs 10 crore, last year the figure was 72
– 109 people donated more than Rs 5 crore privately, out of which Rohini Nilekani donated Rs 47 crore
– Mumbai was the highest contributor of 36 donors, while 20 donors and 10 donors from Bangalore were included in the corporate list.