Azim Premji is a famous Indian businessperson and a generous person. People know him for leading a big company called Wipro, which helps with technology and consulting. He was born on July 24, 1945, in Mumbai, India.
He started working with Wipro in the late 1960s when he took charge of the company after his dad passed away. He did something amazing with Wipro. It was a small company making vegetable oil, and he turned it into a big company that helps with IT services and consulting.
But he is not just a successful businessman. He is also known for being generous. He decided to give a lot of his money to help make education better in India. He created the Azim Premji Foundation, a group that works to improve education and help society in India.
He is admired for being excellent at what he does, bringing new ideas, and also for caring about making the world a better place. His leadership has been really important for the IT industry in India, and people appreciate his kindness and efforts to help others.
Startups/Organizations
- Chairman of Wipro Limited, one of India’s largest IT companies
- Founder of Azim Premji Foundation, one of India’s largest philanthropic organizations
- Chancellor of Azim Premji University, a leading private university in India
- Member of the Board of Trustees of the Massachusetts Institute of Technology (MIT)
- Member of the Board of Governors of the Indian Institute of Technology Bombay (IITB)
- Member of the Board of Governors of the Indian Institute of Management Ahmedabad (IIMA)
- Member of the Indian Business Council (IBC)
- Member of the World Economic Forum (WEF)
Struggles
Azim Premji faced a tough situation in 1966 when he unexpectedly had to lead Wipro, a small company that made vegetable oils because his father passed away. Back then, Wipro wasn’t in the IT business. he had the challenging task of turning it into a successful IT company. Some older employees in the company didn’t agree with his plans, and dealing with the complicated rules of the Indian government was tough. Despite these challenges, he didn’t give up. With smart decisions and strong leadership, he changed Wipro into a big, global IT company.
Current Information
- Net Worth: As of October 2023, it is $24.9 billion.
- Investment Portfolio: He has put a significant amount of money into different companies. He owns a big part of Wipro Limited and has investments in other companies too.
- Family: Azim Premji is married to Aruna Premji. They have two children named Rishad Premji and Priya Premji.
- Philanthropy: He is the boss (Chairman) of the Azim Premji Foundation. This foundation helps with important things like education, healthcare, and other social causes. It’s like giving back to the community.
He had to work hard to get where he is now, and he didn’t forget about helping others along the way. His business success and his efforts to make the world a better place show how one person can make a big difference.
Conclusion
His journey from leading a small vegetable oil company to transforming it into a global IT powerhouse is a testament to his entrepreneurial acumen. Beyond business success, his commitment to philanthropy through the Azim Premji Foundation reflects a dedication to social causes and education, leaving a lasting impact on India’s corporate and social landscape.
Frequently Asked Question
Who is Azim Premji?
Azim Premji is an Indian business tycoon, investor, and philanthropist. He is the former chairman of Wipro Limited, a leading information technology company.
What is Wipro Limited?
Wipro Limited is an Indian multinational corporation that provides information technology, consulting, and business process services. It is headquartered in Bangalore, India.
When did Azim Premji take over Wipro?
Azim Premji took over Wipro in 1966 at the age of 21, following the sudden demise of his father.
What was Wipro’s initial business, and how did it evolve?
Wipro began as a vegetable oil manufacturer in 1945. Under His leadership, the company shifted its focus to information technology and consulting, becoming a major player in the IT industry.
What are Azim Premji’s contributions to the IT industry?
He played a crucial role in transforming Wipro into a global IT services provider. His strategic decisions and leadership significantly contributed to the growth and success of Wipro in the information technology sector.
