In 2013, he agreed to give away at least half of his wealth by signing The Giving Pledge.Premji started with a .2 billion donation to the Azim Premji Foundation, focused on education in India.
a non-profit organisation, with a vision to significantly contribute to achieving quality universal education that facilitates a just, equitable, humane and sustainable society.
The works in the area of elementary education to pilot and develop 'proofs of concept' that have a potential for systemic change in India's 1.3 million government-run schools.
Premji has a Bachelor of Science in Electrical Engineering degree (equivalent to a Bachelor of Engineering degree) from Stanford University, USA. for being responsible for Wipro emerging as one of the world's fastest growing companies.
In 2000, he was conferred an honorary doctorate by the Manipal Academy of Higher Education.
In December 2010, he pledged to donate US$2 billion for improving school education in India.
This has been done by transferring 213 million equity shares of Wipro Ltd, held by a few entities controlled by him, to the Azim Premji Trust. The Azim Premji University was established under an Act of the Karnataka Legislative Assembly to run programmes to develop education and development professionals, offer alternative models for educational change and also invest in educational research to continuously stretch the boundaries of educational thinking.
Premji owns 73% percent of Wipro and also owns a private equity fund, Premji Invest, which manages his billion worth of personal portfolio.
He is currently the second richest person in India with an estimated net worth of US.5 billion as of November 2017.
The non-profit organisation set up by Premji in 2001 currently functions across Karnataka, Uttarakhand, Rajasthan, Chhattisgarh, Puducherry, Andhra Pradesh, Bihar and Madhya Pradesh, in close partnership with various state governments.
The foundation has worked largely in rural areas, to help contribute to the improvement of quality and equity of school education.
The entrance exam is scheduled to be conducted on December 17, 2017 (for UG admissions) and February 10, 2018 (for PG admissions). All candidates who possess a Bachelor of Law (LLB three/ five years) degree from a recognized university in India or abroad fulfill Azim Premji University National Entrance Test (NET) 2018 eligibility criteria.