Azim Premji
Azim Premji
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At a Glance
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Age69
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Earnings$ 16.4 Billion
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Source of earningsInformation Technology
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Marital StatusMarried
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Children2
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ResidenceBangalore
Forbes India Lists
#3 India Rich List 2014
#4 India Rich List Rank 2013
Profile
The tech tycoon's Wipro, the country's third-largest outsourcer, has picked up speed, reporting a 30 percent jump in net profits to $351 million in the last quarter. Premji's son Rishad, who heads strategy, has lately been orchestrating some big moves, notably a $195 million acquisition of atco I-Tek, the IT services arm of Canada's atco. In July, Wipro set up a $100 million venture capital fund also under Rishad's charge that will invest in tech startups.
Fast Fact: Premji's private investment arm has stakes in fashion etailer Myntra-now part of Flipkart, considered India's Amazon-and ecommerce firm Snapdeal.
