Azim Premji
About Azim Premji:
Azim Premji is an Indian business magnate, investor and philanthropist. He was the chairman of Wipro Limited, an Indian multinational corporation that provides information technology, consulting, and business process services. Premji led Wipro from a small company in the consumer products business to a large software services company, with a major presence in India and other countries.
Born on July 24, 1945, in Bombay (now Mumbai), India, Premji completed his education from Stanford University, USA. He inherited Wipro from his father, Mohamed Hasham Premji, who had established the company in 1945 as a vegetable oil manufacturer. Azim Premji took over the company in 1966 at the age of 21 after the sudden death of his father.
Under Premji's leadership, Wipro diversified into new areas, including software development and IT consulting. He also initiated several philanthropic initiatives through the Azim Premji Foundation, which focuses on education and supports the development of rural communities in India.
Premji has been recognized with numerous awards and honors for his contributions to business and society, including the Padma Bhushan, one of India's highest civilian awards, and the Padma Vibhushan, the second-highest civilian award in India. As of 2021, his net worth was estimated to be around $83 billion, making him one of the richest people in the world.
Azim Premji Net Worth:
As of my knowledge cutoff of September 2021, Azim Premji's net worth was estimated to be around $84 billion USD, according to Forbes. However, please note that his net worth is subject to change based on various factors, such as fluctuations in the stock market and changes in the value of his assets.
Azim Premji Net Worth in Rupees:
Azim Premji's net worth was estimated to be around $84 billion USD, which would be approximately 6,14,520 crore Indian Rupees (INR) based on the exchange rate at that time. However, please note that exchange rates fluctuate constantly and his net worth may have changed since then.
Azim Premji Education:
Azim Premji completed his schooling at St. Mary's School in Mumbai (then known as Bombay), India. After completing his school education, he went to the United States to study engineering at Stanford University. However, he was called back to India in 1966 following the sudden death of his father, and he had to abandon his studies at Stanford.
Premji took over the family business, Wipro, and started expanding it from a small manufacturer of vegetable oil to a diversified conglomerate with interests in information technology, consumer goods, and other sectors. Although he did not complete his formal education, he has been recognized for his business acumen and leadership skills, and has been awarded honorary degrees by several universities, including the Aligarh Muslim University, the Indian Institute of Technology (IIT) Roorkee, and the Wesleyan University in the United States.
Azim Premji Life Style:
I do not have access to information about Azim Premji's personal life or lifestyle. However, based on public information, Azim Premji is known for leading a relatively modest lifestyle, despite being one of the wealthiest people in the world. He is known for his philanthropic initiatives, particularly through the Azim Premji Foundation, which focuses on improving education and supporting rural communities in India.
Premji has been known to fly economy class and is said to be averse to extravagance. He also donated a significant portion of his wealth to philanthropic causes, including education and healthcare, and has pledged to give away most of his wealth to charity.
Azim Premji Companies:
Azim Premji is best known for his association with Wipro Limited, an Indian multinational corporation that provides information technology, consulting, and business process services. He took over Wipro in 1966 after the sudden death of his father and transformed it into a leading global IT services company with a presence in over 50 countries. Apart from Wipro, Premji has also been associated with several other companies, including:
1. PremjiInvest: This is a private equity firm founded by Azim Premji in 2006 that invests in companies across various sectors, including technology, healthcare, and consumer goods.
2. Wipro Enterprises: This is a separate entity that was demerged from Wipro Limited in 2013. It comprises three business units: Wipro Consumer Care and Lighting, Wipro Infrastructure Engineering, and Wipro GE Healthcare.
3. National Stock Exchange of India: Azim Premji is a prominent shareholder of the National Stock Exchange of India, which is one of the leading stock exchanges in the country.
4. Clean Energy: Azim Premji is also a significant investor in clean energy companies, and has invested in firms such as Azure Power and Vikram Solar.
5. Trusts: Apart from these companies, Premji is also associated with several philanthropic trusts, including the Azim Premji Foundation, which works to improve education and support rural communities in India.
Azim Premji Family Background:
Azim Premji was born into a business family in Mumbai (then known as Bombay), India. His father, Mohamed Hasham Premji, was a successful businessman who founded Wipro Limited in 1945 as a manufacturer of vegetable oil. Azim Premji took over the company at the age of 21 after his father's sudden death in 1966.
Azim Premji is married to Yasmeen Premji, and they have two children, Rishad and Tariq. Rishad Premji is a business executive and currently serves as the Chairman of Wipro Limited, while Tariq Premji is involved in philanthropic activities through the Azim Premji Foundation.
Azim Premji is also known for his philanthropic activities and has donated a significant portion of his wealth to various causes, including education and healthcare. The Azim Premji Foundation, which he founded in 2001, works towards improving the quality of education in India and supports rural communities.
How Much Money Does Azim Premji Have:
Azim Premji's net worth was estimated to be around $84 billion USD, according to Forbes. However, please note that his net worth is subject to change based on various factors, such as fluctuations in the stock market and changes in the value of his assets. It is important to note that despite his vast wealth, Azim Premji is also known for his philanthropic initiatives and has donated a significant portion of his wealth to various causes, including education and healthcare through the Azim Premji Foundation.
Some Social Official Links of Azim Premji:
Official Website: https://azimpremjifoundation.org/ & https://www.wipro.com/
Instagram: https://www.instagram.com/apf_balodabazar/?hl=en
Twitter: Azim Premji University
Facebook: https://www.facebook.com/azimpremjifoundation/info/
Youtube: https://www.youtube.com/user/azimpremjiuniversity
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