Azim Premji Life Story, Net Worth, Cars, House, Investments and Lifestyle

10 Nov 2016 04:23 51
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Find out more about Azim Premji Life Story, Net Worth, Cars, House, Investments and Lifestyle.

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Chairman of Wipro Limited (India's third-largest IT company), investor, author and philanthropist
http://www.nasscom.in/industry-ranking

Born in Mumbai, in a wealthy business family. During partition his father declined Jinnah's offer and decided to stay in India

In 1966 at the age of 21, due to his father's death, he had to drop out from Stanford and take charge of the edible oil company

In 1980's he realised the importance of the emerging IT field and started WIPRO, as of Dec 2015 the company has 170,664

In 2000 he was ranked amongst the five richest persons in the world and the richest Indian (With Networth of $35bn he could buy Reliance, Hindustan Lever and Infosys combined)

http://indiatoday.intoday.in/story/wipro-becomes-most-valuable-indian-company-azim-premji-the-richest-indian-ever/1/243627.html
Networth of $35 billion, or Rs 1,50,000 crore (2000)

Wipro generated revenue of $7.7 Billion / Rs. Crores
(Azim Premji's stake 73.36% as of Jan 2016)

Net Worth: $ 14.4 Billion / Rs. Crores (11th November, 2016)

he is happy flying in executive class and travelling in a Ford Escort car, is at the 38th slot.
http://www.thehindu.com/2000/06/17/stories/0617000a.htm

House & Properties -
Wipro's Azim Premji lives inside the Wipro Campus at Sarjapur Doddakannelli, Sarjapur Road, Bangalore

http://timesofindia.indiatimes.com/city/bengaluru/Bangalores-billionaire-club-calls-Jayanagar-their-home/articleshow/12488492.cms

Bugalow and garden, Walkers Road in Coonoor
Owns a large wooden bungalow and gardens on Walkers Road in Coonoor

Azim Premji University

Cars
Ford Escort
Old Toyota Corolla
Mercedes (Secondhand purchased from an employee)

Other Modes of Transport
Does not mind going by car, taxi or auto-rickshaw

Air Travel
He always travels Economy Class, sometimes business

Eating
He takes food from the company canteen

Investments
Residential Project, 'Windmills of your mind', Whitefeild, Bangalore
10% of the flats in the project
Investment: $9.6 million / Rs. 60 Crores (2014 Rates)
http://www.vccircle.com/news/real-estate/2014/12/02/premjiinvest-seals-10m-apartment-bulk-buying-deal-realtor-total

Future Lifestyle Fashions (FLF) (10% Stake)
Investment: Rs. 125 Crores
http://www.business-standard.com/article/companies/premji-s-fund-buys-10-in-biyani-s-fashion-firm-114050500915_1.html

Lenskart
Investment: $30 million / Rs. 200 crore (2016)
http://www.business-standard.com/article/companies/premji-invest-backs-lenskart-expands-retail-portfolio-116090600962_1.html

Premji Invest buys 8% of L Capital stake in Fabindia for around Rs 360 crore

http://economictimes.indiatimes.com/articleshow/50954079.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Total Investment List:
https://www.crunchbase.com/organization/premjiinvest/investments

Charity
Azim Premji Foundation

The Giving Pledge Foundation
http://timesofindia.indiatimes.com/india/Azim-Premji-gives-away-Rs-27514-crore-stays-most-generous-Indian/articleshow/50500739.cms

http://www.thehindu.com/news/it-czar-azim-premji-gives-half-of-his-stake-in-wipro-for-charity/article7399577.ece

Quote
You cannot underestimate the value of luck in success in life. And I've really learned to appreciate that.

He is 4th richest person in India and 55th richest in the world (2016)

Music Credit:
"Beyond Pewter City (Mt. Moon)" by "Algorhythm" is licensed under a Creative Commons Licence.
http://bit.ly/2aZcxix
https://youtu.be/RheWLMZCT_k
Algorhythm Social links:
https://soundcloud.com/dj_algorhythm
https://www.facebook.com/Algorhythm-1...
https://www.youtube.com/channel/UCfuJ...

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