Net Worth: $4.5 billion
| Net Worth | $4.5 billion |
| Salary | N/A |
| Birthdate | July 24, 1945 |
| Birthplace | Mumbai, British India |
| Gender | Male |
| Height | N/A |
| Profession | Chairman of Wipro Limited |
| Nationality | Indian |
Highlights
Azim Premji, an Indian business tycoon and philanthropist, has a net worth of $4.5 billion. He is the chairman of Wipro Limited, a multinational IT consulting and system integration services company. Premji has been recognized as one of the wealthiest Indians and one of the top richest people in the world.
Early Life
Azim Premji was born on July 24, 1945, in Mumbai, British India. His grandfather was a well-known businessman known as the Rice King of Burma. Premji holds a bachelor’s degree in electrical engineering from Stanford University in the USA.
Career
Premji is the chairman of Wipro Limited, a company he inherited from his father at the age of 21. Under his leadership, Wipro has grown into a global IT consulting and system integration services company. Premji’s success in business has contributed significantly to his net worth.
Personal Life
Azim Premji is married to Yasmeen and they have two children, Rishad and Tariq. Rishad currently serves as the Chief Strategy Officer of IT Business at Wipro.
Net Worth Over Time
At its peak, Azim Premji’s net worth reached $23 billion, making him one of the richest individuals in the world. However, he has generously donated over 80% of his fortune to charity, causing his net worth to decline to $4.5 billion as of mid-2019.
Components of Net Worth
Azim Premji’s net worth primarily comes from his ownership of 56% of Wipro Limited, as well as an additional 18% owned by irrevocable charitable trusts related to the Azim Premji Foundation. He is also a 3% owner of JM Financial, and his investment company, PremjiInvest, manages approximately $1 billion.
In conclusion, Azim Premji’s net worth is $4.5 billion. He has built his wealth through his successful career as the chairman of Wipro Limited and has generously donated a significant portion of his fortune to charitable causes. Despite his remarkable net worth, Premji remains committed to philanthropy and continues to make a positive impact on society through his charitable endeavors.