Home Business Azim Premji,businessman, philanthropist turns 75 years old

Azim Premji,businessman, philanthropist turns 75 years old

Azim Hashim Pramji, who was called Bill Gates of India, may have been in Pakistan today, but due to his father’s absence, he is today recognized as a veteran IT industrialist and a big donor. Premji’s father Muhammad Hashim Premji was a big businessman and was known as the Rice King of Burma. Pakistan’s founder Muhammad Ali Jinnah himself asked Azim Premji’s father to come to Pakistan, but Azim Premji’s father preferred to stay in India, rejecting Jinnah’s request.

Azim Premji was born on 24 July 1945 in Mumbai. Today is Azim Premji’s 75th birthday. Known as the emperor of the Indian IT industry, Premji, chairman of IT giant Wipro, has carved a distinct identity in the world besides being a business tycoon. He is also a great donor.
Azim Premji, the chairman of the IT company Wipro and the veteran businessman of the country, may not be among the top 100 people in the world in terms of wealth, but his position is high in the list of charities.

Azim Premji, the owner of 6.6 billion dollars of wealth, has also donated 1125 crores to deal with the crisis of corona virus. Last year, Azim Premji gave $ 16 billion in wealth to charity. With this donation, he slipped from number two to number 17 in the rich list in India. The wealth that Azim Premji donated was equivalent to 75 per cent of his total wealth.

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According to a Forbes report, the wealth of Indian billionaires fell by 23 percent to $ 313 billion from $ 406 billion last year. The reason for this decrease in the wealth figure is due to such a large charity being done by Azim Premji. Azim Premji, who returned from Stanford University in the US at the age of 21 in 1966, has been working to pursue Wipro for the past 33 years.

Azim Premji’s return from Stanford University is also interesting. Actually father M.S. Due to the death of Hashem Premji, he had to leave the middle of studies to take up the business, but after 34 years he graduated in electrical engineering.

Azim Premji, who contributed significantly to India’s IT industry, has also been honored with Padma Vibhushan. After returning to India in 1966, Premji Wipro took over the soap and vegetable business of his father’s company, Western Indian Vegetable Products Ltd, which manufactured edible oils and laundry soaps under the brand name Sunflower Vegetable. The name of this company was shortened to Wipro. Wipro was founded by Azim Premji in the 1980s looking at the possibilities in the IT sector.

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