Azim Premji Bio, Age, Salary, Wife & Net Worth
|Name||Azim Hashim Premji|
|Birth Date||July 24, 1945|
|Parents||Muhammed Hashem Premji|
|Profession||Chairman of Wipro, Businessman|
|Net Worth||$7.2 billion|
|Height||5 ft 8 inches|
Azim Premji, famous as the Czar of the Indian IT Industry is the chairman of India’s largest IT company Wipro Limited. The Indian business tycoon, investor, and philanthropist has proved him one of the generous billionaires and has reportedly made $21 billion in donations only.
With billions of dollars revenue, Premji ranked 36 in the World Billionaire’s List, until he pledged to donate half of his wealth via The Giving Pledge. Currently, the large-hearted businessman owns $7.2 billion that still makes him one of the richest personalities in India.
Azim Premji Net Worth & Asset
As of 2020, Premji owns the estimated net worth of $7.2 billion as per various online sources. Well, as per Forbes, the Wipro chairman has the fortune of $4.4 billion while CNN reports his current fortune to be $18 billion citing the Bloomberg Billionaires Index as its source.
The main source of Azim Premji’s whopping income is his 7% Stake in Wipro, while he owned a 73% ownership stake before making a massive billion-dollar donation in early March 2019.
Back in 2017, Premji’s family ranked 11th among Asia’s Richest Family, worth $19.2 billion as per Forbes.
Premji’s Net Worth with Years
|1||2014||$15.3 billion ($7 billion annual revenue)|
|4||2017||$19.2 billion ($9 billion annual earnings)|
|5||2018||$15.6 billion (annual revenue of $8.4 billion)|
Well, Azim Premji is low-key about his daily life updates and is not active on social media. It’s sure that the billionaire businessman does have a lavish lifestyle through prefers to avoid the flashy life.
Currently, he lives in his million dollars mansion in Bangalore, India, though is yet to disclose the worth and purchase detail on the property.
Even if it’s a matter of snap for Azim Premji to own private jets and luxury cars, the billionaire reportedly owns a Mercedes E-Class worth $53,500, which he bought in second hand. Prior to Mercedes, he droved Ford, Toyota Sedan, and Toyota Corolla. As for a surprise, Azim Premji likes to travel in economy class in planes.
Journey From Oil Business to Billionaire
After his father’s death, Azim Premji dropped out of his studies in Sandford in 1996 and took care of his family oil business. Later, the Indian businessman expanded it to software company Wipro Limited, an Indian multinational corporation featuring IT, consulting, and business process services.
Well, in 2013, the company made the separation of the company: IT and Non-IT company. Sources report that Wipro had 164,659 employees in 2018. Over the years, the company has signed many multi-million and multi-billion deals.
In 2012, the company made $35 million after acquiring the Promax Applications Group (PAG), an Australian Trade Promotions Management firm. The company signed a 10-year contract worth $1.2 billion with ATCO, a Canadian Energy & Utility corporation in 2012.
Then in September 2018, Wipro won a 10-year contract from Alight Solutions of Illinois, which was worth $1.6 billion.
Azim Premji Bio: Age & Height
Born on July 24, 1945, in Bombay (now Mumbai), India, Azim Hashim Premji holds Indian nationality and South-Asian ethnicity. His father Muhammed Hashem Premji, a businessman was famous as Rice King of Burma.
Premji is a Shia Muslim, while his family origins come from Kutch in Gujrat. Azim obtained a Bachelor of Science in Electrical Engineering degree from Stanford University, USA. As of March 2020, Premji’s age is 74 and has a height of 5ft 8 inches (178 cm).
Married & Children
Well, he is a married man and is a father of 2 children. Azim Premji enjoys a blissful relationship with his wife Yasmeen and sons: Rishad and Tariq. His son Rishad currently is the Chief Strategy Officer of Wipro.
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