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The czar of the Indian IT Industry and founder chairman of the tech giant Wipro, Azim Premji's life will definitely have an umpteen number of business lessons for you. A couple of advice on how to become extremely and mightily rich and on how to be super successful despite being a college dropout? Definitely. But this legend in his late 70s can also teach you a thing or two about leading the life of a giver
One of the richest in India, Azim Premji is an illustrious name when it comes to philanthropic activities. He founded the Azim Premji Foundation, a non-profit organization in the year 2000 aiming to improve the educational quality of the country. Later, in 2010 Azim Premji university was also established.
They all work towards creating a society that is just, equitable, humane, and sustainable. Apart from the huge sum, the foundation continued to donate in this regard, they recently made a contribution of about 2000 crore to the country's battle against COVID-19 as well. And Azim Premji topped the EdelGive Hurun India Philanthropy List for 2020.
He donated a sum of 7,904 crores during the year at a rate of 21.6 crores per day. Premji is also the first Indian to sign up for the Giving Pledge, giving away a good share of his assets for philanthropic purposes. "The urge to do must come from inside, we can do a lot more in developing and sustaining institutions at all levels" he comments.
He who has, shares. What's laudable about that? Right? Kind of. But in a world that is spending more and more on everything unnecessary, to lead a life as simple as Premji's is something.
To own no assets outside India, though 93% of his company's clients come from the outside, or to use a ford escort for a longer time when you could've got luxury cars lined up in front of the house or have bought the Ford motor company itself, they're all conscious choices of an individual determined to consume less and contribute more to the society's welfare.
Not to mention the 'frugal' lifestyle he follows. Premji tends to use both sides of a paper while taking photocopies and uses the smallest of the cups during meetings to avoid the unwarranted wastage of food items. One can easily attribute a negative connotation to it, but to be frugal is an art to be mastered. To use minimum resources and to put aside some for the needy and the next in line. That's sustainable.