Azim Premji is 4th amongst world’s top 20 philanthropists: Study

Wipro’s chairman Azim Premji was ranked fourth amongst the world’s top 20 most generous people, according to a study by wealth consultancy Wealth-X and Business Insider.

Azim Premji

According to the findings of the study, education emerged as the most poular cause among top philanthropists in the world. It added that 18 out world’s top 20 philanthropists focused on educational initiatives in their giving, whether operating through their foundations or direct donations.

The study notes that Azim Premji, Chairman, Wipro, has donated $8 billion (nearly Rs 53,360 crore) and has ranked as fourth in the world’s top 20 philanthropists list.

According to the study, Microsoft co-founder Bill Gates was No 1 on the list of top philanthropists, with $27 billion (Rs 18, 00,90 crore) in lifetime donations as of October 2015.

The top 20 philanthropists have given a total of $106.8 billion (Rs 71,23,56 crore) to a variety of philanthropic causes, ranging from environment and human rights to sports and entrepreneurship, says the study.

Here is the list of top 20 philanthropists in the world, according to the study:

1) Bill Gates (lifetime donations: $27 billion)

2) Warren Buffett, CEO of Berkshire Hathaway ($21.5 billion)

3) George Soros, Founder of Soros Fund Management ($8 billion)

4) Azim Premji, Chairman of Wipro ($8 billion)

5) Charles Francis Feeney, Co-founder of Duty Free Shoppers Group ($6.3 billion)

6) Sulaiman bin Abdul Aziz Al Rajhi, Co-founder of Al Rajhi Bank ($5.7 billion)

7) Gordon Moore, Co-founder of Intel ($5 billion)

8) Carlos Slim Helu a Mexican Telecom tycoon

9) Eli Broad, Co-founder of KB Home ($3.3 billion)

10) George Kaiser, Chairman of BOK Financial Corporation ($3.3 billion)

11) Michael Bloomberg, Founder of Bloomberg LP ($3 billion)

12) Paul Allen, Co-founder of Microsoft ($2 billion)

13) Mark Zuckerberg, Founder of Facebook ($1.6 billion)

14) Li Ka-shing, Chairman of CK Hutchison Holdings ($1.4 billion)

15) Jon Huntsman Sr, Founder of Huntsman Chemical Corporation ($1.2 billion)

16) Ted Turner, Founder of CNN ($2.1 billion)

17) James Simons, a Hedge Fund Manager ($1.2 billion)

18) Michael Dell, Founder of Dell ( $1.1 billion)

19) Pierre Omidyar, Co-founder of eBay ($1 billion)

20) Dietmar Hopp, Co-founder of SAP ($1 billion)