Azim Premji, one of the wealthiest people in India is famous for his philanthropy than his wealth or business skills. He has a net worth of 9 Billion USD. In other words, his net worth is Rs. 66000Crore. He is the chairman and largest shareholder of Wipro, an information technology and outsourcing company. In this post, readers will know more about this technology wizard.

Azim Premji Net Worth
Azim Premji Net Worth

Background:

Azim Premji was born on 24th July 1945 in Mumbai, India. His full name is Azim Hashim Premji. He completed his graduation with a B.Sc. degree from Stanford University that is equivalent to engineering in Electrical engineering. Under his wings, Wipro became the second-largest hydraulic cylinder in the world. The best thing about him is that he knows every minute detail of his business. Moreover, he never interferes with everyday operations under the various heads.

His Assets:

This Bangalore resident Billionaire has personal investments worth Rs. 15,255 Crore. His annual income is Rs. 3200 Crore.  He owns a luxurious house worth Rs. 350 Crore. Apart from this, he has a long list of his real estate properties across the country. He has a large collection of cars and he owns a few of the best luxury cars in the world He has luxury cars worth Rs. 15-20 Crore. He even owns some top-notch car brands like McLaren, Toyota, BMW, Mercedes Benz, Bentley and Rolls Royce. His vision of education is increasing very rapidly. Also, his various foundations work day and night to transform the world and the way of living life.

On the other hand, his current performance and annual growth of the company and the growth of individuals are unending. Therefore, we can see his net worth will grow more through the years. As per the record, his net worth has taken a hike of 30% over the past years. He owns 73% of Wipro and a private equity fund “Premji Invest”. These manage his 2 Billion USD worth of personal portfolio.

Service towards society:

Along with being a great businessman, he is also a great man by heart. Not only had he dedicated to his business he also serve society with great interest. He signed the Giving Pledge in the year 2003. Also, he agreed to donate about half of his wealth. He runs a Non-for-profit organisation under “Azim Premji Foundation”. He has been working with the elementary education system in rural government schools for the last 17 years. Moreover, he started by donating 2.2 Billion USD to Azim Premji Foundation.

He even took the initiative to establish Azim Premji University under the act of the Karnataka Legislative Assembly. Here, various programs run to develop education and development professionals. Also, this University offers alternative models for educational change. In addition, he also invested in educational research to continuously stretch the boundaries of educational thinking. Most importantly he donated Rs. 1125 Crore to fight the pandemic. This is the biggest donation by any billionaire so far in India.

Recognition:

The government of India honoured him with the “Padma Bhushan” award in 2005. This award was for his outstanding work in trade and commerce. He has been awarded as the most influential persona. Moreover, he is also one of the powerful men in the country.