
Azim Premji
IndiaBusiness magnate•philanthropist
Also known as: Azim Hashim Premji, Azim H. Premji, Azim Premji Hasham, Azim Hasham
Birthday
July 24, 1945
Birth Sign
Leo
Birthplace
Mumbai, India
Age
81 years old
Height
5 ft 7 in (170 cm)
About
Azim Premji is an Indian business magnate and philanthropist, best known as the founder chairman of Wipro Limited, a global IT services giant. He transformed a small vegetable oil company into one of India's most valuable technology firms, earning him a place among the world's most influential business leaders. Premji's reputation rests not only on his corporate success but also on his extraordinary generosity, having signed the Giving Pledge and donated billions to improve education in India.
Even after stepping down as executive chairman in 2019, Premji remains active as a non-executive director and founder chairman, guiding Wipro's strategic direction. His private investment firm, Premji Invest, has quietly built a portfolio of AI startups valued at over $40 billion, cementing his influence in the tech world. As of 2026, he continues to be a towering figure in Indian business and philanthropy, admired for his integrity and frugality.
Early Life & Background
Azim Premji was born on July 24, 1945, in Bombay, into a prominent Muslim business family. His father, Muhammad Hashim Premji, founded Western India Palm Refined Oils Limited in 1945, a company that produced vegetable oils and soaps, including the popular Kisan brand of hydrogenated cooking oil. Premji spent his childhood in Bombay, attending St. Xavier's College before heading to Stanford University in the early 1960s to study electrical engineering.
His life took a dramatic turn in 1966 when his father passed away suddenly. At just 21, Premji had to abandon his engineering degree and return to India to take over the family business, which was then worth only about $2 million. The early years were tough, with the company facing financial difficulties, but Premji persevered through the late 1960s and 1970s, slowly stabilizing the business.
Career Growth
Premji's transformation of Wipro from a vegetable oil producer into a global IT powerhouse is one of the most remarkable corporate pivots in Indian business history. In 1977, when the Indian government restricted foreign computer imports, Premji saw an opportunity and moved Wipro into the IT sector. The company launched its first computer, the Wipro Series 86, in 1980, and was officially renamed Wipro Limited in 1982.
Throughout the 1980s and 1990s, Wipro grew steadily, achieving a major milestone in 1999 by becoming the first Indian company to receive SEI-CMM Level 5 certification for software quality. By the 2000s, Wipro had emerged as one of India's 'Big Three' IT services firms, alongside TCS and Infosys. Premji's leadership saw the company's revenue grow from $2 million to over $10 billion. In 2019, he stepped down as executive chairman, handing the reins to his son Rishad, but he remains involved as founder chairman. In 2026, Wipro acquired Singapore-based Olam's IT business for $375 million, a move reflecting Premji's continued strategic guidance. His private investment firm, Premji Invest, has also made waves, building a portfolio of 11 AI startups valued at $43 billion.
Career Timeline
Public Image & Style
Azim Premji is widely regarded as one of India's most respected business leaders, known for his integrity, frugality, and commitment to philanthropy. His public image is that of a soft-spoken, principled industrialist who prioritizes ethical business practices and social responsibility. Often referred to as the 'Czar of Indian IT,' his signature full white beard and simple attire have become his trademark. He is not known to have a formal fandom, but he commands deep respect across India's business community and is frequently cited as a role model for aspiring entrepreneurs. His philanthropic work has earned him widespread admiration, and he is consistently ranked as India's most generous philanthropist.
Fame & Fandom
In the world of business and philanthropy, Azim Premji commands a kind of renown that transcends industry borders. Yet, according to iFANN's Global Fame Engine, as of August 2026, he holds no placement in the published rankings, neither the Global Top 1,000 nor any Top-100 scope list. This is not a slight; it reflects a fame that is earned through deeds rather than celebrity machinery. His name resonates in boardrooms and classrooms, but not in the viral currents that typically propel global fame lists.
There is no documented fandom name for Premji, no fan clubs or coordinated campaigns. His admirers are not a fanbase but a diffuse constellation of business students, tech professionals, and beneficiaries of his philanthropy. They don't gather under a banner; they cite his story in speeches and his foundation's work in policy papers. The 'fandom' is quiet, intellectual, and profoundly respectful.
What legends do exist are not born of stage antics or viral moments. They are the foundational narratives of his life: a 21-year-old inheriting a vegetable oil company and steering it into a global IT powerhouse. That story, retold in countless business school case studies, is the closest thing to lore. His philanthropy, too, has become legendary, the $7.5 billion donated, the Azim Premji Foundation's reach, the scholarships that change lives. These are the icons of his legacy, not moments captured on camera but milestones documented in annual reports and news headlines.
Interesting Facts and Legends
Azim Premji is known for his frugality, often flying commercial and driving modest cars despite being a billionaire. He was forced to drop out of Stanford University in 1966 to take over his father's business, a decision that shaped his entire career. The Kisan brand of hydrogenated cooking oil was Wipro's original product before the pivot to IT. Premji's entry into computers was partly opportunistic, sparked by the Indian government's 1977 restrictions on foreign imports. He signed the Giving Pledge in 2013, committing to donate at least half his fortune. Premji's family office, Premji Invest, has quietly become one of India's most significant private investment vehicles, with a focus on AI startups.
A story that still defines his legend is his succession at age 21: after his father's sudden death, he took over Wipro, then a small vegetable oil company, amid widespread doubt about his ability to manage it. He went on to transform it into a global IT and software services giant. Another cornerstone of his legacy is his extraordinary philanthropy, he has given billions to charity, including a $7.5 billion share transfer in 2019, and established the Azim Premji Foundation, which runs the Azim Premji Scholarship 2026, providing ₹30,000 per year to eligible girl students from underprivileged communities. These initiatives, not fan-driven, are how the public engages with his legacy.
Notable Quotes
“I strongly believe that those of us who are privileged to have wealth should contribute significantly to try to create a better world for the less privileged.”
“The only real asset of any company is its people, and the only way to retain them is to treat them with respect and integrity.”
“What is the point of having wealth if it is not used to make a difference in the lives of others?”
Family & Personal Life
Azim Premji's father, Muhammad Hashim Premji, founded WIPRO in 1945, and his mother's name is not publicly documented. He has two sons: Rishad Premji, who is the current executive chairman of Wipro, and Tariq Premji, who maintains a lower public profile. Premji's wife, Yasmeen, has stayed out of the spotlight, and the family is known for its privacy. The Premjis live in Bengaluru, where the Azim Premji Foundation is based. Rishad succeeded his father in 2019, continuing the family's stewardship of Wipro.
Notable Connections
Azim Premji is closely associated with his son Rishad Premji, who succeeded him as executive chairman of Wipro in 2019. His younger son, Tariq Premji, has kept a lower profile. His wife, Yasmeen Premji, has supported his philanthropic work. Premji's father, Muhammad Hashim Premji, founded the company that became Wipro. Through the Azim Premji Foundation, he collaborates with organizations like the Avery Dennison Foundation on education initiatives.
Relationships & Dating History
Azim Premji has been married to Yasmeen Premji for several decades. The couple has two sons, Rishad and Tariq. Yasmeen has maintained a low public profile and has not been involved in Wipro's operations. Their marriage has remained stable and private, with no public reports of any other romantic relationships. As of 2026, Premji is married to Yasmeen, and the couple resides in Bengaluru.
- MarriedYasmeen PremjiCurrentMarried for several decades, with two sons, Rishad and Tariq.
Salary, Net Worth In 2026
$12 Billion
iFANN Editorial Team estimate
As of 2026, iFANN currently estimates Azim Premji's net worth at $12 billion. This figure anchors his massive stake in Wipro alongside the quiet, growing influence of his private investment firm, Premji Invest. While he has transferred billions to the Azim Premji Foundation, including a historic $7.5 billion share transfer in 2019 that reshaped India's charitable landscape, his personal fortune remains substantial. His income streams flow from steady dividends out of Wipro and returns generated by Premji Invest's portfolio. That portfolio has quietly expanded into a $43 billion AI empire featuring a collection of US-based startups as of 2026, though not all assets within that valuation belong directly to him personally.
Awards Won (6)
Azim Premji has received India's highest civilian honors, including the Padma Shri in 2005 and the Padma Vibhushan in 2011. He has been named to TIME's 100 Most Influential People list twice, in 2004 and 2011, and was recognized by Asiaweek as one of the 20 most powerful men in the world in 2010. He has also topped the EdelGive Hurun India Philanthropy List multiple times, most recently in 2025.
2011 · Public Affairs
For contributions to public affairs
2005 · Trade and Industry
For contributions to trade and industry
Known For
Wipro Limited
1966 · Chairman
Azim Premji Foundation
2001 · Founder
Giving Pledge
2013 · Signatory
Keywords
Sources
Quick Facts
- Profession
- Business magnate, philanthropist
- Born
- July 24, 1945
- Birthplace
- Mumbai, India
- Gender
- Male
- Birth Sign
- Leo
- Height
- 5 ft 7 in (170 cm)
- Spouse
- Yasmeen Premji
- Children
- Rishad Premji, Tariq Premji
Personal Details
- Full Name
- Azim Hashim Premji
- Height
- 5 ft 7 in (170 cm)
- Spouse
- Yasmeen Premji
- Children
- Rishad Premji, Tariq Premji
- Education
- St. Xavier's College, Bombay; Stanford University (incomplete)
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