Azim Premji
Bangalore, India
Bachelor of Arts/Science, Stanford University
India
Wipro Limited (ADR)
software services
$5,000,000,000
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#36 Billionaires 2019
#2 India's Richest 2018
Indian tech magnate Azim Premji's $8.4 billion (revenue) Wipro is India's third-largest outsourcer.Premji gave up studies at Stanford in 1966 to look after the family's cooking oil business when his father died, expanding it into software.Wipro has an innovation centre in Silicon Valley, which is focused on developing new technologies and collaborating with startups.Premji's son Rishad, who heads strategy and sits on the board, also chairs industry lobby group NASSCOM.In September 2018, Wipro won a landmark $1.6 billion,10-year contract from Alight Solutions of Illinois.
Premji is among the world's most generous billionaires, having given away $21 billion to his charitable foundation.His private investment arm, PremjiInvest, has stakes in companies such as fellow billionaire Harsh Mariwala's Marico.
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