Azim Premji Biography, Net Worth, Early Life, Family, Education, Career, Philanthropy and Recognitions

by shubham

Azim Premji Biography

Azim Hashim Prem ji was born on July 24, 1945, in Mumbai (then Bombay) to a Muslim family. His father Mohamed Hashim Prem ji was known as the Rice King of Burma. The founder of Pakistan, Muhammad Ali Jinnah, invited Premji’s father to live in Pakistan which the later turned down and chose to remain in India.  

In 1945, Azim Premji’s father, Muhammad Hashim Premji established Western Indian Vegetable Products Ltd. in Amalner, Maharashtra. The company manufactured Sunflower Vanaspathi (cooking oil) and a laundry soap 787 (a byproduct of cooking oil).  

Azim Premji Wiki Profile

NameAzim Premji
Azim Premji Net Worth$9 Billion
Azim Premji Net Worth In Indian Rupees:Rs 66000 Crore
Salary3000 Cr
Monthly Income275 Crore +
CategoryNet Worth
Age78 Yrs
Date of BirthJuly 24, 1945
Height1.57 M (5′ 2”)

Ajim Premji Education

Azim Premji is a graduate in Electrical Engineering from Stanford University, USA. Premji married to Yasmeen and the couple has two sons– Rishad Premji and Tariq Premji. Currently, the elder son Rishad is the Chairman of Wipro Limited. 

Azim Premji is an Indian business tycoon, engineer, investor, and philanthropist. He is the chairperson of Wipro Limited.

He is known as Czar of the Indian IT Industries. Asiaweek voted him among the 20 most powerful men in the world in 2010. In 2004 and 2011 he was listed among 100 most influential people by TIME Magazine.

He was regularly listed among the 500 Most Influential Muslims of the world for years. As of October 2019, he is the tenth richest person in India with an estimated net worth of US$7.2 billion.

He agreed to give away at least half of his wealth by signing The Giving Pledge in 2013. For that, he started with a $2.2 billion donations to Azim Premji Foundation for education in India.

Azim Hashim Premji

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Azim Premji Career

He incorporated Western Indian Vegetable Products Ltd, at Jalgaon district Maharashtra in 1945.

He manufactured cooking oil named Sunflower Vanaspati and a laundry soap called 787. At the age of 21 after the death of his father, he took charge of Wipro (called Western Indian Vegetable Products at that time).

Later he diversified the company to bakery fats, ethnic ingredient bade toiletries, baby toiletries, lighting products, etc. Later he focused on soaps to software.

Azim Premji Net Worth 2023

Azim Premji Net Worth: Mr. Premji is thought to have a total Azim Premji Net Worth of 9 billion US dollars, which is about 66, 000 crores of Indian rupees (i.e., approximately 66 thousand crores of INR). Also, it has been seen that Azim Premji Net Worth has gone up by 30% over the past few years. Mr. Azim Premji also owns 73% of Wipro and a private equity fund called “Premji Invest,” which is in charge of his personal portfolio worth $2 billion USD. His company, Wipro, is India’s fourth-largest outsourcer, with an annual revenue of Rs 58,000 crore.

Azim Prem ji: Recognitions

1- Business Week has recognised Azim Premji as one of the Greatest Entrepreneurs after Wipro emerges as one of the world’s fastest-growing companies.

2- In 2000, Azim Premji was awarded an honorary doctorate by the Manipal Academy of Higher Education.

3- In 2006, Azim Premji was awarded Lakshya Business Visionary by National Institute of Industrial Engineering, Mumbai.

4- In 2009, Azim Premji has conferred an honorary doctorate from Wesleyan University in Connecticut for his outstanding philanthropic work. 

5-  In 2015, Mysore University conferred an Azim Premji an honorary doctorate.

6- In 2005, the Government of India awarded Azim Premji with Padma Bhushan for his work in trade and commerce. 

7- In 2011, Azim Premji was awarded Padma Vibhushan (second highest civilian award) by the Government of India.

8- In 2017, Azim Premji ranked 9th in India’s most powerful people of 2017 list by India Today magazine. 

Ajim Prem ji Biography

Azim Premji Foundation:

He founded Azim Premji Foundation, a non-profit organization in 2001. He donated US$2 billion for improving school education in India in December 2010.

That was the largest of its kind in India. In March 2019, he pledged an additional 34% of Wipro stock held by him to the foundation.

Azim Premji Social Profile

Azim Premji Instagram

Azim Premji Twitter

FAQ Related Azim Premji

How much value does Azim Premji Net Worth have?

It is thought that Azim Premji Net Worth is $4.5 billion.

How old is Azim Premji?

Azim Premji was born on July 24, 1945, which makes him 78 years old as on 2023) right now.

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