Monday, October 4, 2010

Azim Premji Net Worth

Azim Premji Net Worth

How Much Does Azim Premji Make?

Azim Premji is an Indian business tycoon and the chairman of Wipro Limited, a group company that holds Wipro Technologies, one of India's largest software development companies.

Forbes has Estimated His Net Worth US $ 17 Billion in 2010 making him one of the richest person in the world and India’s Second Richest person.

Azim Premji Receives Rs. 1.5 – 5 Crores in Annual Salary from his Company Wipro which is very minimal salary in comparison to his over all Wealth.

In 2000, he was voted among the 20 most powerful men in the world by Asiaweek. He was also among the 50 richest people in the world from 2001 to 2003 according to Forbes. In April 2004, he was rated among the 100 most influential people in the world by Time magazine. His assets include 74% of Wipro. Wipro Limited, which dealt in hydrogenated cooking fats along with consumer products, grew from a company of US $2.5 million to a giant of $1.4 billion under Premji's leadership. Wipro Technologies, one of its group companies, is one of India's largest software companies and is ranked among the top 100 technology companies globally. Premji is also often known as the Indian Bill Gates.

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