Azim Premji Net Worth 2021 In Rupees, House, Lifestyle, Car, Wife, Childen, अज़ीम प्रेमजी नेट वर्थ

Azim Premji Net Worth

Azim Premji Net Worth: Azim Premji’s full name is Azim Hashim Premji, who is an Indian business tycoon, investor, engineer, and philanthropist, who was the chairman of Wipro Limited. He is also the non-executive member and founder chairman of the board. He is also known as the Czar of the Indian IT Industry. He is considered responsible for Wipro’s emergence as one of the global leaders in the software industry, during four decades of diversification and growth.

Azim Premji was born on 24 July 1945 in Bombay, India, in a Gujarati Muslim family. His father was a well-known merchant and was known as the Rice King of Burma. The founder of Pakistan, Muhammad Ali Jinnah, invited his father Muhammad Hashem Premji to come to Pakistan, which his father rejected and chose to stay in India. Premji has a Bachelor of Science in Electrical Engineering degree from Stanford University. He is married to Yasmin. They have two children, Rishad and Tariq. Rishad Premji is currently the Chief Strategy Officer of the IT business, Wipro.

Azim Premji Net Worth 2021

Net worth (2019)$22.6 billion
Wipro’s Profit ₹90,031 million
Azim Premji’s salary₹18 million (+106.85%)

In July 2019, he also decided to move on from Wipro. Premji will remain the firm’s non-executive director for five years until July 2024.

Net worth(2018)$18.8 billion
Wipro’s Profit₹80,081 million
Azim Premji’s salary₹8.7 million (+10.13%)

According to Forbes, the wealth of all billionaires in India shrunk by 23% to $313 billion from $406 billion last year. A part of this happened because Premji’s wealth decreased from $22.6 billion in 2019 to $6.1 billion.

Net worth (2017)$14.9 billion
Wipro’s Profit₹84,895 million
Azim Premji’s salary₹7900,000 ( -64%)

Azim Premji Biography

Azim Premji was born on 24 July 1945 in a Nizari Ismaili Shia Muslim family in Mumbai. Their ancestors were mainly residents of Kutch (Gujarat). His father was a renowned businessman and was known as the ‘Rice King of Burma’. After partition, Muhammad Ali Jinnah had invited his father to come to Pakistan, but he rejected it and decided to stay in India. In 1945, Azim Premji’s father Muhammad Hashim Premji established ‘Western Indian Vegetable Products Limited’ in the Jalgaon district of Maharashtra. This company used to manufacture ‘Sunflower Vanaspati’ and laundry soap ‘787’.

Azim Premji Net Worth
Image Source – IndiaToday

His father sent him to Stanford University in America to study engineering, but unfortunately, his father died in the meantime and Azim Premji had to leave engineering studies midway and return to India. At that time his age was only 21 years.

Full NameAzim Hashim Premji
Born24 July 1945
Place of BirthMumbai, Maharashtra, India
Company NameVipro
Father’s NameMuhammad Hashim Premji
Marital StatusMarried
Wife’s nameYasmin
ChildrenRishad and Tariq
Azim Premji Net Worth$660 Cr. (USD)
Azim Premji Net Worth in RupeeRs 1,17,100 Cr.

After coming back to India, he took over the business of the company and expanded it to other areas as well. In the 1980s, young businessman Azim Premji recognized the importance and opportunity of emerging information technology and changed the company’s name to Wipro. IBM The country’s I.T. An emptiness had arisen in the area, which Premji took full advantage of. He started making mini-computers in collaboration with Sentinel Computer Corporation of America. Thus, instead of soap, he used I.T. Focused on the field and emerged as a reputed company in this field.

Azim Premji Awards & Honors

  • Premji was named one of the greatest entrepreneurs of all time by BusinessWeek
  • In 2000, Manipal Academy honored him with an honorary doctorate.
  • In 2005, the Government of India honored him with the Padma Bhushan.
  • He was awarded Lakshya Business Visionary by National Institute of Industrial Engineering, Mumbai in 2006
  • In 2009 he was awarded an honorary doctorate for his outstanding philanthropic work by Wesleyan University in Middletown, Connecticut
  • In 2011, he was awarded the country’s second highest civilian honor ‘Padma Vibhushan’ by the Government of India.
  • In 2013, he was given the ‘Economic Times Achievement Award’.
  • In 2015, the University of Mysore honored him with an honorary doctorate.

Azim Premji Net Worth in Indian Rupees

At present, Azim Premji is a big industrialist, investor and president of software company Bipro in India, it is one of the richest person in India, from the year 1999 to 2005 it has also been the richest person in India. He is also a person with a philanthropic personality, he has also decided to donate more than half of his wealth to charity. Sweek Magazine has included him in the Top 20 Influential People in the World, he has been included twice by Time Magazine as the Top 100 Influential Businessmen in the World.

Azim Premji has taken the Bipro company a lot under his leadership, increasing the company’s business from $ 2.5 million to $ 7 billion. In today’s time, Bipro is considered to be the world’s top software IT company, Force Magazine has also placed him in the list of the world’s richest people, he has also got the title of Bill Greats of India. Azim Premji net worth in Indian rupees is Rs 1,17,100 Cr. ( 1,110 crores USD )