Indian business tycoon, investor, and philanthropist, who is the chairman of Wipro Limited. He is informally known as the Czar of the Care Invest Asim IT Industry. 6 billion as of October 2018. In 2013, he agreed to give away at least half of his wealth by signing The Giving Pledge. 2 billion donation to the Azim Premji Foundation, focused on education in India.
In 1945, Muhammed Hashim Premji incorporated Western Indian Vegetable Products Ltd, based at Amalner, a small town in the Jalgaon district of Maharashtra. It used to manufacture cooking oil under the brand name Sunflower Vanaspati, and a laundry soap called 787, a byproduct of oil manufacture. The couple have two children, Rishad and Tariq. Rishad is currently the Chief Strategy Officer of IT Business, Wipro. Premji has been recognised by Business Week as one of the Greatest Entrepreneurs for being responsible for Wipro emerging as one of the world’s fastest growing companies. In 2000, he was conferred an honorary doctorate by the Manipal Academy of Higher Education.
In 2006, Azim Premji was awarded Lakshya Business Visionary by National Institute of Industrial Engineering, Mumbai. In 2005, the Government of India honoured him with the title of Padma Bhushan for his outstanding work in trade and commerce. In 2011, he has been awarded Padma Vibhushan, the second highest civilian award by the Government of India. In 2013, he received the ET Lifetime Achievement Award.
In 2015, University of Mysore conferred the honorary doctorate to Azim Premji. In April 2017, India Today magazine ranked him 9th in India’s 50 Most powerful people of 2017 list. In 2001, he founded Azim Premji Foundation, a non-profit organisation, with a vision to significantly contribute to achieving quality universal education that facilitates a just, equitable, humane and sustainable society. The works in the area of elementary education to pilot and develop ‘proofs of concept’ that have a potential for systemic change in India’s 1.
The non-profit organisation set up by Premji in 2001 currently functions across Karnataka, Uttarakhand, Rajasthan, Chhattisgarh, Puducherry, Andhra Pradesh, Bihar and Madhya Pradesh, in close partnership with various state governments. The foundation has worked largely in rural areas, to help contribute to the improvement of quality and equity of school education. 2 billion for improving school education in India. This has been done by transferring 213 million equity shares of Wipro Ltd, held by a few entities controlled by him, to the Azim Premji Trust. This donation is the largest of its kind in India. The Azim Premji University was established under an Act of the Karnataka Legislative Assembly to run programmes to develop education and development professionals, offer alternative models for educational change and also invest in educational research to continuously stretch the boundaries of educational thinking. Premji has said that being rich “did not thrill” him.
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In April 2013 he said that he has already given more than 25 per cent of his personal wealth to charity. What you didn’t know about Rishad Premji”. The List of Great Entrepreneurs of India in 2015″. Archived from the original on 14 January 2016. 3 Billion After Signing Giving Pledge”.