Azim Premji (WIPRO)
AZIM PREMJI
· Azim Premji is currently the 3rd wealthiest Indian and 41st richest person in the world with a personal wealth of $17.2 billion in 2013. He was born on July 24, 1945. While pursuing Electrical Engineering from Stanford University, USA, he was called upon to handle the family business due to the sudden demise of his father. Azim Premji took over the reins of family business in 1966 at the age of 21.
· Started as a vegetable oil trading company in 1947 vfrom an old mil founded by Azim Premji father. He reponitioned it and transformed Wipro into a consumer goods company that produced hydrogenated cooking oil/fat. At that time, it was valued at $2 million. In 1977, when
· In 1980, Wipro moved into software development and started developing customized software packages for their hardware customers. As of September 2013, total assests of Wipro were estimated at US $9.08 billion with an employee strength of 1,47,216. In 2011, he has been awarded PADMA VIBHUSHAN, the second highest civilian award by the Government of India.
