Indian software tycoon Azim Premji has announced he will donate nearly $2bn (£1.3bn) to fund rural education and development programmes.
Correspondents say that it is one of the largest charitable donations in the country’s history.
Mr Premji said that he intended to form a new charitable trust for education and was transferring shares worth $2bn from his Wipro company.
He is one of the wealthiest business entrepreneurs in the world.
Market analysts Forbes list him as the third richest Indian and the 28th richest person in the world – with an estimated net worth of more than $17bn (£11bn).
Bangalore-based Wipro employs almost 100,000 people worldwide.