Azim Hashim Premji, an Indian entrepreneur, and philanthropist, served as the chairman of Wipro Limited and continues to be a non-executive member of the board as well as the founder chairman. Known as the Czar of the Indian IT Industry, Premji is credited with leading Wipro through four decades of growth and diversification, establishing it as a global leader in the software industry.
Azim Premji Age, Wife, Children, Family, Biography, Facts & More
His achievements earned him recognition as one of the 20 most powerful men in the world by Asiaweek in 2010 and a place among Time magazine’s list of the 100 most influential people in both 2004 and 2011. He is also consistently included in The 500 Most Influential Muslims list.
He, who was born in Bombay, India, comes from a Gujarati Muslim family. His father, Mohamed Hashem Premji, was a prominent merchant known as the Rice King of Burma. In 1947, Muhammad Ali Jinnah, the founder of Pakistan, invited Premji’s father to visit the country, but he declined the invitation and chose to remain in India.
Early Life and Education
He was born into a Kutchi Indian Muslim family from Gujarat in Bombay, India. His father was a renowned businessman and was famously referred to as the “Rice King of Burma”. Despite receiving an invitation from Muhammad Ali Jinnah, the founder of Pakistan, to relocate to Pakistan, Premji’s father, Muhammed Hashim Premji, declined the offer and decided to continue residing in India.
Premji holds a Bachelor of Science degree in Electrical Engineering from Stanford University. He is married to Yasmeen Premji, and together they have two children named Rishad and Tariq. Currently, Rishad Premji serves as the Chief Strategy Officer of the IT business Wipro.
In 1945, Muhammed Hashim Premji founded Western Indian Vegetable Products Ltd in the town of Amalner, located in the Jalgaon district of Maharashtra. The company specialized in manufacturing cooking oil under the brand name Sunflower Vanaspati, as well as a laundry soap called 787, which was a byproduct of the oil manufacturing process.
Following his father’s passing in 1966, Azim Premji, who was studying engineering at Stanford University at the time, returned to India to take over the company. At the time, it was still known as Western Indian Vegetable Products, and primarily dealt in hydrogenated oil manufacturing.
However, Azim Premji decided to diversify the company’s offerings and expanded into other areas such as bakery fats, ethnic ingredient-based toiletries, hair care soaps, baby toiletries, lighting products, and hydraulic cylinders.
His net worth stands at $9 billion presently. Apart from holding a 75% stake in Wipro, he also possesses several other private funds. He is an inspiration to numerous young people in India who admire his relentless dedication toward his goals. Throughout his career, Premji has believed that a combination of hard work and vision can lead to the desired outcomes.
|Net Worth (2023)||$9 Billion|
|NET Worth in USD 2023||900 Crore USD|
|Net Worth In Indian Rupees||Rs 66000 Crore|
|Monthly Income And Salary||275 Crore +|
|yearly Income||3000 Crore +|
Check more details on Wikipedia
In December 2010, Azim Premji pledged to donate $2 billion towards the betterment of school education in India. This generous donation is the biggest of its kind in India.
Azim Premji Foundation
In 2001, He founded the Azim Premji Foundation, which is a non-profit organization. In 2010, he made a noteworthy contribution towards enhancing the state of school education in India by donating a staggering amount of $2 billion.
Azim Premji Company List
|Company Name||Designation||Appointment Date|
|Wipro Limited||Director||31 Jul 2007|
|Wipro Enterprises Private Limited||Director||17 Aug 2010|
|Wipro Ge Healthcare Private Limited||Director||30 Mar 1990|
|Napean Trading And Investment Company Private Limited||Director||06 Jun 1974|
|Regal Investment And Trading Company Private Limited.||Director||11 Sep 1974|
|Vidya Investment And Trading Company Private Limited.||Director||11 Sep 1974|
|Zash Investment And Trading Company Private Limited||Director||10 May 1983|
|Azim Premji Philanthropic Initiatives Private Limited||Director||18 Feb 2000|
|Azim Premji Safe Deposit Company Private Limited||Wholetime Director||17 Aug 2010|
|Azim Premji Custodial And Management Services Private Limited||Director||18 Feb 2013|
|Wipro Infrastructure Engineering Limited||Nominee Director||19 Feb 2003|
|Trust Services Private Limited||Wholetime Director||05 Jul 2010|
|Azim Premji Trustee Company Private Limited||Director||04 Dec 2009|
|Azim Premji Foundation For Development||Director||09 Dec 2009|
|Azim Premji Foundation||Director||09 Mar 2001|
|Company Name||Designation||Appointment Date||End Date|
|Prazim Trading And Investment Company Private Limited.||Director||13 Nov 1981||–|
|Tarish Investment And Trading Company Private Limited.||Director||19 May 1983||–|
|Hasham Premji Private Limited||Director||11 Nov 1974||01 September 2012|
|Hasham Investment And Trading Co Pvt Ltd||Director||10 May 1983||–|
Also check: Russell Mehta’s Biography
|Body Measurements||Not Yet Update|
|Birth Place||Bombay Bombay Presidency British India|
|Children||Sons: Rishad Premji, Tariq Premji|
|Eye Color||Dark Brown|
|Height In CM||157 CM|
|Height In Meter||1.57 M|
|Parents||Father: Mohamed Hashem Premji
Mother: Name Not Known
|Siblings||Brother: Name Not Known|
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