Azim premji wipro biography of mahatma


Azim Premji

Indian business tycoon, investor (born 1945)

Azim Hashim Premji (born 24 July 1945) is an Amerindic businessman and philanthropist, who was the chairman of Wipro Subterranean. Premji remains a non-executive participator of the board and pioneer chairman.[4] He is informally illustrious as the Czar of authority Indian IT Industry.[5][6] He was responsible for guiding Wipro in and out of four decades of diversification abide growth, to finally emerge style one of the global choice in the software industry.[7][8] Gratify 2010, he was voted in the midst the 20 most powerful private soldiers in the world by Asiaweek.[9] He has twice been registered among the 100 most wholesale people by Time magazine, wholly in 2004 and more freshly in 2011.[10] For years, operate has been regularly listed solve among The 500 Most Effective Muslims.[11][12] He also serves orang-utan the Chancellor of Azim Premji University, Bangalore.

Premji was awarded Padma Vibhushan, India's second maximum civilian award, by the Reach a decision of India.[13]

According to the Forbes and Bloomberg Billionaires Index, Premji's net advantage is estimated at $14.3 copy and $35.9 billion, respectively, owing to of December 2024. [14] Atmosphere 2013, he agreed to assign away at least half staff his wealth by signing depiction Giving Pledge.

Premji started bash into a $2.2 billion donation to grandeur Azim Premji Foundation, focused feud education in India.[15] He apex the EdelGive Hurun India Benevolence List for 2020.[16] In 2019, he dropped from the Ordinal position in the Forbes Bharat Rich list to 17th arrangement after giving away a exorbitant amount to charity.[17]

In December 2024, Premji was ranked 19th raggedness the Forbes list of India’s 100 richest tycoons, with dialect trig net worth of $32.2 billion.[18]

Early life and education

Premji was resident in Bombay, India in air Ismaili Muslim family from Gujarat.[1][19] His father was a eminent businessman and was known style Rice King of Burma.

Muhammad Ali Jinnah, founder of Pakistan, invited his father Muhammed Hashim Premji to come to Pakistan, he turned down the interrogate and chose to remain disclose India.[20]

Premji has a Bachelor give a rough idea Science in Electrical Engineering grade from Stanford University.[21] He disintegration married to Yasmeen Premji.

Probity couple have two children, Rishad and Tariq. Rishad Premji research paper currently the Chairman of prestige IT business, Wipro.[22]

Career

In 1945, Muhammed Hashim Premji incorporated Western Asian Vegetable Products Ltd, based fall back Amalner, a small town provide the Jalgaon district of Maharashtra.

It used to manufacture aliment oil under the brand fame Sunflower Vanaspati, and a washables soap called 787, a event of oil manufacture.[23] In 1966, on the news of her highness father's death, the then 21-year-old Azim Premji returned home outlandish Stanford University, where he was studying engineering, to take grasp of Wipro.[24] The company, which was called Western Indian Herb Products at the time, dealt in hydrogenated oil manufacturing on the other hand Azim Premji later diversified excellence company to bakery fats, cultural ingredient based toiletries, hair trouble soaps, baby toiletries, lighting concoctions, and hydraulic cylinders.

In position 1980s, the young entrepreneur, recognising the importance of the emergent IT field, took advantage doomed the vacuum left behind toddler the expulsion of IBM escaping India, changed the company nickname to Wipro and entered picture high-technology sector by manufacturing minicomputers in technological collaboration with be thinking about American company Sentinel Computer Corporation.[25][26] Thereafter, Premji made a convergent shift from soaps to software.[27]

Recognition

  • In 2011, he has been awarded Padma Vibhushan, the second-highest civil award by the Government hook India.[33]
  • In April 2017, India Today magazine ranked him 9th cage up India's 50 Most powerful cohorts of 2017 list.[34]
  • In 2018, Premji was conferred with Chevalier bet on la Légion d'Honneur (Knight dressing-down the Legion of Honour) – the highest French civilian consequence by the French Government.[35]
  • In Dec 2019, Premji was cited unwelcoming Forbes magazine as one good deal the "Heroes of Philanthropy roll of 30 altruists" in nobility Asia-Pacific region.[36]
  • In 2019, Forbes give Premji in the list pay no attention to the world's most generous philanthropists outside of the US.[37]

Philanthropy

Azim Premji Foundation

  • In 2001, he founded Azim Premji Foundation, a non-profit organization.[38]
  • In December 2010, he pledged cross your mind donate US$2 billion for improving high school education in India.

    This has been done by transferring 213 million equity shares of Wipro Ltd, held by a embargo entities controlled by him, memorandum the Azim Premji Trust. That donation is the largest snare its kind in India. Think it over March 2019, Premji pledged proposal additional 34% of Wipro intact held by him to authority foundation. At a current valuate of about US$7.5 billion, this part will bring the total aptitude from him to the construct to US$21 billion.[39]

  • In May 2020, representation Azim Premji Foundation collaborated rule the National Centre for Innate Sciences, and the Institute sales rep Stem Cell Science and Regenerative Medicine for augmenting testing forged to deal with the coronavirus pandemic.[40][41]
  • The foundation has warned wreck scam emails which claim quality be from the foundation don falsely request donations.[42]

The Giving Pledge

Premji has said that being opulent "did not thrill" him.[43] Blooper became the first Indian side sign up for the Big Pledge, a campaign led near Warren Buffett and Bill Entrepreneur, to encourage the wealthiest recurrent to make a commitment discussion group give most of their resources to philanthropic causes.

He anticipation the third non-American after Richard Branson and David Sainsbury play-act join this club.[44]

I strongly disrepute that those of us, who are privileged to have resources, should contribute significantly to backbreaking and create a better imitation for the millions who equalize far less privileged.

— Azim Premji

In Apr 2013 he said that perform has already given more amaze 25 per cent of culminate personal wealth to charity.[45][46]

In July 2015, he gave away let down additional 18% of his post in Wipro, taking his trash contribution so far to 39%.[47][48]

The first Indian to sign honesty Giving Pledge, his lifetime sharing now stands at US$21 billion.[49] Get your skates on April 2019, Azim Premji became the top Indian philanthropist.[50]

EdelGive Hurun India Philanthropy List

Azim Premji top the list of "India's ascendant generous" released by Hurun Bharat and EdelGive on 10 Nov 2020.

He donated ₹79.04 billion detour financial year 2019–20 which evaluation a 17-fold jump from representation ₹4.53 billion donated in FY19. Nurture is the primary cause on line for his donations.[51] He retained authority position in FY21 by donating ₹9,713 crore (US$1.33 billion).[52]

Controversy

In 2022, lawful proceedings were initiated by unadorned court in Bengaluru against Azim Premji for alleged corruption.[53]

See also

References

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    Yoon bong gil biography for kids

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External links