Azim Premji’s profile picture

Azim Premji

Chairman, Wipro Limited (ADR)
Azim Premji’s profile picture
Net worth 2018: $18.69 Billion
Industry: Technology
Residence: Karachi
Country: India
BirthDay: 24 July 1945
Sigh: Leo
Children: 2
Education: Bachelor of Arts / Science, Stanford University
BIOGRAPHY

Azim Premji was bornon 24 July 1945 in Karachi, India, is Chairman, Wipro Limited (ADR). Azim Premji is #62 in List Billionaires People In The World. Indian tech magnate Azim Premji's $9 billion (revenue) Wipro is India's third-largest outsourcer. Premji gave up studies at Stanford University to look after the family's cooking oil business in 1966 when his father died and expanded into software. Wipro has an innovation centre in Silicon Valley, which is focused on developing new technologies and collaborating with startups. Premji's son Rishad, who heads strategy and sits on the board, also oversees Wipro's $100 million venture capital fund.

NET WORTH STATISTIC
2009

$5.7 Billion

2010

$17 Billion

2011

$16.8 Billion

2012

$15.9 Billion

2013

$11.2 Billion

2014

$15.3 Billion

2015

$17.4 Billion

2016

$16.1 Billion

2017

$14.9 Billion

2018

$18.69 Billion

TIMELINE
2015

In July 2015, he gave away an additional 18% of his stake in Wipro, taking his total contribution so far to 39%

2013

In April 2013 he said that he has already given more than 25 per cent of his personal wealth to charity

2011

In 2011, he has been awarded Padma Vibhushan, the second highest civilian award by the Government of India

2010

In December 2010, he pledged to donate US$2 billion for improving school education in India

2009

In 2009, he was awarded an honorary doctorate from Wesleyan University in Middletown, Connecticut for his outstanding philanthropic work

2006

In 2006, Azim Premji was awarded Lakshya Business Visionary by National Institute of Industrial Engineering, Mumbai

2005

In 2005, the Government of India honoured him with the title of Padma Bhushan for his outstanding work in trade and commerce

2004

He has twice been listed among the 100 most influential people by TIME Magazine, once in 2004 and more recently in 2011

2001

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

2000

In 2000, he was conferred an honorary doctorate by the Manipal Academy of Higher Education

1980

In the 1980s, the young entrepreneur, recognising the importance of the emerging IT field, took advantage of the vacuum left behind by the expulsion of IBM from India, changed the company name to Wipro and entered the high-technology sector by manufacturing minicomputers under technological collaboration with an American company Sentinel Computer Corporation

1966

In 1966, on the news of his father's death, the then 21-year-old Azim Premji returned home from Stanford University, where he was studying engineering, to take charge of Wipro

1945

In 1945, Muhammed Hashim Premji incorporated Western Indian Vegetable Products Ltd, based at Amalner, a small town in the Jalgaon district of Maharashtra

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