India tycoon Azim Premji donates
tiffany blue nikesIt is his second major recent donation after giving almost $2 billion to the charity in 2010
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In Saturday's donation
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The billionaire, who inherited a cooking oil company and transformed it into India's thirdbiggest outsourcing services firm
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The charity seeks to boost the quality of India's overstretched education system by improving teacher quality and setting up model schools.
The Business Standard newspaper and other media reported it was the biggest oneoff donation to charity in India in modern times
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The mediashy tycoon is India's third wealthiest individual with a net worth of some $16 billion, according to a 2012 Forbes rich list
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Mr Premji has long promoted education as a way to tackle India's deep poverty and told a recent World Economic Forum in Davos that "education is perhaps the most powerful enabler of human life and equity"
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A few days ago
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Those who are "privileged to have wealth should contribute significantly to try and create a better world for the millions who are far less privileged," Mr Premji said when joining the club.
Last week Australian billionaire Andrew Forrest and his wife Nicola became the first Australians to join the Giving Pledge.
Mr Forrest's stake in iron ore miner Fortescue Metals Group is worth more than $5 billion, meaning his pledge is worth at least $2
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