Azim Premji is said to be the most prominent business leader in India. Even people call him the "Chairman of Wipro Limited" and earlier the "Czar of the Indian IT Industry." He played the biggest role in repositioning Wipro as one of the biggest technology brands in the world. Except for Wipro, most of the successes are done as per his charity and intelligent investment. Let's read now regarding his net worth, portfolio, investments, and news.
Azim Premji Net worth
Recent reports have highlighted that he owns near the amount of a net worth of $23 billion, which gets translated into the Indian currency nearly at around ₹1.92 lakh crores. He bought huge stakes and even most of these shares were bought from Wipro, which is one of the country's no 1 IT service companies. But for the cause of the Azim Premji Foundation, the man even donated this chunk as a charity amount and in return, stood atop lists for philanthropy with another to the whole wide world.
Latest news related to Azim Premji
Azim Premji often leads on the front page of giving back to philanthropy and business ethics leadership. His foundation has lately become quite aggressive on education reforms and everything else that's on and happening on the social impact front, in every nook of India. He also features on the list of global wealth philanthropies.
Portfolio of Azim Premji
Azim Premji portfolio of technology, startups, and philanthropy. Wipro indeed is the crown jewel in diversified form for the foundation, where one can acquire the social as well as financial implications of the portfolio. End
Apart from the above, Azim Premji investment in PolicyBazaar Flipkart and other brands including FabIndia among others. PremjiInvest has invested in several consumer as well as tech and start-up brands strategically through its private investing arm. Beyond these, sustainable growth along with a long-term vision is for PremjiInvest.
It eventually emerged as one of the greatest companies serving the IT service providers on the earth. He served earlier as the chairman for Wipro, which itself has become an IT consultancy firm and a software applications developer, besides providing business processes that outsourced thousands of services to over 60 countries on all continents.
Azim Premji Stock
Azim Premji owns the majority interest that Wipro has listed on Indian stock exchanges. Though he could have spread around vast pieces of his money to his foundation, still much of his wealth gets contributed by the equity interest he carries in Wipro.
He was investing some portion back into it by building one of the most successful IT firms in India. So this would be the ideal synergy for philanthropy and working towards business interests very much.
Frequently Asked Questions
What is the net worth of Azim Premji?
Azim Premji has a worth of $23 billion in equity form in Wipro.
What is Azim Premji Invest?
PremjiInvest is his private investment firm working in tandem with startups, consumer brands, and companies in technology.
What did Azim Premji give away?
He gave more than $21 billion towards charitable causes and now coincidentally remains one of the foremost philanthropists in the world.
What are the contributions of Azim Premji to Wipro?
He made Wipro a global IT leader as it has a market presence across more than 60 countries.