Azim Premji Net Worth 2023 | Car | Salary | Business | Awards |Bio

Rank 17th in the Forbes list of the world’s richest person category, a Billionaire businessman, an Intelligent Investor, and a Humanitarian of India.

Many more words we can put before his name to define his name as a successful industrialist.

Azim Premji Net Worth

Table of Contents

Know the Indian Billionaire the first Indian to sign up Giving Pledge

Azim Premji is a name that is just impossible to define with words. Throughout his long life journey as a leading tech service provider in our country India, he has made billions of net worth in his asset.

Azim Premji Bio

In 1945 On the 24th of July, Mr Azim Hasim Premji was born in Mumbai to a Muslim family.

His father was a well-known businessman Md Hashim Premji.

He took admitted to Stanford University in Electrical engineering. But unfortunately, His father died in the same year 1966.

He had to stop his study And come back to India to take over the company’s responsibility led by his father.

Very few of us know that after 30 years of his father’s death, he completed his electrical engineering degree from the same college in 2000.

The college dropout boy now is the ten topmost billionaire in our country.

Azim Premji Forbes Net Worth

  $9.1 billion (INR 7,48,81.80 Cr)

  • Indian tech magnate Azim Premji’s $8.7 billion (Rs 6,46,80.15 Cr) revenue Wipro is among India’s largest software services providers.
  • He gave up studies at Stanford in 1966 to look after the family’s cooking oil business when his father died, expanding it into software.
  • In July 2019, his son Rishad succeeded his father as Wipro’s executive chairman.
  • In 2020, his Azim Premji Foundation pledged $ 150 million (Rs 11,15.17 Cr) to provide aid for those affected by the Covid-19 pandemic.

Career & Business

In 1966 he took charge of his father’s Led company “Western Indian vegetable Products Pvt Ltd” Which is now Wipro.

The company is listed now Among the top three “2013 Global outsourcing 100”.By International Association Outsourcing professionals.

Later on, he diversified his company into a different IT industry. 

In the early years of 1980, when the world gradually increased in demand in the information technology sector. He then started dealing with Bakery fats, Toiletries products, hair soap, and hydraulic cylinders.

He changed his company name to “Wipro” from “Western Indian vegetable Products Pvt Ltd” and started giving IT services.

He tied up with an American company sentinel And started manufacturing minicomputers.

Personal Details

He married Yasmeen, and the couple has two children.

Rishad Premji, who is Now Chief Strategy officer of IT at Wipro. 

And his younger son Tariq Premji is a board member of the Wipro company.

 He gave his hard labour to Wipro consistently for a long time To make it the most demanding Information Technology consulting and Outsourcing company in the world.

Success and Achievements

In the year 2000, He got an honourable doctorate from the Manipal Academy Of Higher Education.

He established the Azim Premji Foundation In 2001

Padma Bhushan in2005 in 2005 by the Indian government for his contribution to the information technology sector.

Lakshya Business visionary award By the National Institute of Industrial Engineering from Mumbai in the year 2006.

He donated $2 Billion For improvement in school education in India 

He established a university by his self-name Azim Premji University in the year 2010 Karnataka. It is a non-profit organization and is funded by the Azim Premji Foundation.

It works towards primary education all over India. The university ranks 201st in India and 7014 globally.

He also got Padma Bhushan in 2011 from the Indian government for continuous service in the same industry.

Premji was ranked 9th in India Today magazine for India’s 50 most powerful people of 2017.

Warren Buffett created a campaign, and Bill Gates called “giving pledge.” 

It is the foundation to encourage the world’s richest people to donate most of their wealth to Welfare and humanity.

Azim Premji is the first Indian To sign up for the campaign with the world billionaires. And donated 25% of the net worth to the Giving Pledge.

Salary & Income

He is the chairman of Wipro and got a 95% of increment in his income last year 2019. He got USD 262054 ( Rs 1.81 Cr) as a home takeaway salary.

Assets & Car Collection

In 2005 he purchased a luxurious apartment in Bangalore for Rs 350 Cr. In Bangalore.

This social reformer has a close connection with the world’s luxury cars. He has almost all the luxury cars in his asset class.

Car Collection

He has a luxury car like a Mercedes E 280 for $ 62000 ( 41.74 Lacs).

Ford Escorts of Rs 9 Lacs ($ 13970).

Toyota Corolla of Rs 20.50 Lacs ( $ 28000 Approx).

Mercedes Benz E class of Rs 59 lacs ( $ 78819 ).

Social Media

This giving pledge member & the most successful tech billionaires in our country is not so active on social media. In the table list of the most-followed accounts on Twitter only has 16.6k followers & Apart from Twitter followers, on Instagram, he has 10k followers.

Quick Facts

TitlesDescription
Real Name  Azim Hasim  Premji
 Birth Place Mumbai Maharashtra.
 Father’s NameFather- Md Hashim Premji.
EducationHe graduated from Stanford University in Electrical engineering.
Top Achievements He established the Azim Premji Foundation In 2001.

Padma Bhushan in 2005.

Lakshya Business visionary award in 2006.

He got Padma Bhushan in 2011.

Ranked 9th in India Today magazine for India’s 50  most powerful people of 2017.

 First Indian To sign up for the campaign Giving pledge.
 
Luxury Car
 Mercedes E 280 of $ 62000 ( 41.74 Lacs), Ford  Escorts  of Rs 9 Lacs

($ 13970),Toyota Corolla of Rs 20.50 Lacs ( $ 28000

Approx), Mercedes Benz E class of Rs 59 lacs ( $ 78819 ).
Official Instagram HandleInstagram/Azim Premji
Official Twitter Handle Twitter/ Azim Premji
Net Worth
 $9.1 billion (INR 7,48,81.80 Cr)
Last UpdatedAugust 2023.

FAQ

What is the name of Azim Premji Wife?

Yasmeen Premji

Where is Azim Premji University?

Bengaluru, Karnataka.

Azim Premji University Ranking.

The university ranks 201st in India and 7014 globally.

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