Azim Premji
Birthname Azim Hashim Premji Birthdate July 24, 1945 Birthplace Mumbai, Maharashtra, India Education Stanford University Profession Tech Mogul Net worth $22,200,000,000 Source of Wealth Software (Wipro) , Inherited Nationality Indian Country India Marital Status Married (Yasmeen Premji) Children 2 (Rishad Premji, Tariq Premji)Quick Links
Azim Premji has an estimated net worth of $22.2 billion in June 2019. Head of tech titan Wipro started the Azim Premji Foundation in 2001, with an initial endowment of Wipro shares worth $125 million. Last year(2010), in keeping with his avowed intent of giving away a chunk of his fortune, he donated shares worth $2 billion, to a trust that will go to the foundation to help public schools in India's heartland by training teachers and improving curriculum.
The donation brought down Premji's holding in Wipro from 79% to 70%. Eldest son Rishad, a Harvard grad, who was recently elevated to chief strategy officer, is widely seen as his successor.The largest such endowment by an individual in India, it makes Premji one of Asia's biggest donors.His new Azim Premji University to train teachers is opening this July(2011).
Earnings & Financial Data
Date | Category | Description | Amount |
|---|---|---|---|
2015 | Asset | Series D investment at PolicyBazaar with PremjiInvest, a private equity fund he manages (with 4 other investors) | $40,000,000 |
2015 | Asset | Series C investment at Cyanogen with PremjiInvest, a private equity fund he manages (with 12 other investors) | $80,000,000 |
2014 | Asset | Series D investment at Financial Software Systems with PremjiInvest, a private equity fund he manages | $57,000,000 |
2014 | Asset | Series E investment at DataStax with PremjiInvest, a private equity fund he manages (with 8 other investors) | $106,000 |
2014 | Asset | Private equity investment at Snapdeal with PremjiInvest, a private equity fund he manages (with 4 other investors) | $100,000 |
2014 | Asset | Venture round investment at Myntra with PremjiInvest, a private equity fund he manages (with 3 other investors) | $50,000 |
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