A look at Azim Premji’s salary and donations over the years shows the Wipro founder is India’s most generous billionaire

Wipro Chairman Azim Premji , at the press conference in Bengaluru.

  • Azim Premji is the second richest man in India who resigned as the chairman of the country's fourth-largest software company — Wipro.
  • Premji, who is popularly known as the Czar of the Indian IT industry decided to retire by the end of July.
At the age of 73, India’s second richest man, Azim Premji, with a net worth of $22 billion has decided to move on from Wipro. Premji will remain the firm's non-executive director for five years until July 2024.

He is one of the pioneers of the multi-billion dollar Indian IT industry. He spearheaded Wipro for 53 years after his return from the Stanford University in 1966, at the age of 21.

He transformed a small hydrogenated cooking fat firm into a $8.5 billion global IT powerhouse. All this while, he lead the transformation of his non-IT arm Wipro Enterprises into a global FMCG (fast moving consumer goods), infrastructure engineering and medical devices leader with a revenue of $2 billion in 2018-19.

Premji dropped out of Stanford University to handle the business after his father’s death. However, he did return to Stanford 34 years later, to complete his graduation in electrical engineering.

Here’s a look at Azim Premji’s salaries and net worth in the last 10 years

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Net worth (2019): $22.6 billion

Net worth (2019): $22.6 billion

Wipro's Profit : ₹90,031 million

Azim Premji's salary - ₹18 million (+106.85%)

In March 2019, Azim Premji donated 35% of Wipro shares worth $7.5 billion to a charitable trust.



​Net worth(2018): $18.8 billion

​Net worth(2018): $18.8 billion

Wipro's Profit: ₹80,081 million

Azim Premji's salary - ₹8.7 million (+10.13%)

Wipro was awarded with a landmark 10-year contract worth $1.6 billion from Alight Solutions of Illinois. In the same year, Premji was conferred with Chevalier de la Légion d'Honneur (Knight of the Legion of Honour) – the highest French civilian distinction by the French government.

Net worth (2017): $14.9 billion

Net worth (2017): $14.9 billion

Wipro's Profit: ₹84,895 million

Azim Premji's salary - ₹7900,000 ( -64%)

While Premji’s pay package saw a huge drop of 63% at $1,21,853 (about Rs 79 lakh) last fiscal, Wipro expanded its operations to London.

​Net worth (2016): $15 billion

​Net worth (2016): $15 billion

Wipro's Profit : ₹88,922 million

Azim Premji's salary - ₹21.7 million (+54.61%)

Azim Premji earned a total of $121,853 in the year 2016-17, according to a US SEC.

​Net worth (2015):$19.1 billion

​Net worth (2015):$19.1 billion

Wipro's Profit : ₹86,528 million

Azim Premji's salary - ₹47.8 million (-53%)

Premji was conferred with an honorary doctorate by Mysore University.

Net worth (2014): $15.3 billion

Net worth (2014):  $15.3 billion

Wipro's Profit: ₹77,967 million

Azim Premji's salary - ₹102.4 million (+81%)

As of now, his total contribution to philanthropy stands at $21 billion, and that includes 67% stake in Wipro.

Net worth (2013): $11.2 billion

Net worth (2013): $11.2 billion

Wipro's profit :₹61,362 million

Azim Premji's salary - ₹19 million (-76%)

He donated $2.2 billion of his total wealth in 2013 to set up the Azim Premji Foundation. He also received the ET Lifetime Achievement Award.

Net worth (2012): $15.9 billion

Net worth (2012): $15.9 billion

Wipro's profit : ₹310,987 million

Azim Premji's salary - ₹81 million (+65%)

He was also ranked 9th in the list of India's 50 most powerful people of 2017 by India Today.

Net worth (2011): $16.8 billion

Net worth (2011): $16.8 billion

Wipro's profit: ₹53,321 million

Azim Premji's salary - ₹28 million (-65%)

He was honoured with Padma Vibhushan — one of the country’s highest honours — for his contribution to the IT industry in India.

Net worth (2010): $17 billion

Net worth (2010): $17 billion

Wipro's profit: ₹46,116 million

Azim Premji's salary - ₹81 million

In 2010, he introduced the Azim Premji University in Bangalore with an ambition to expand its student body to 5,000 students. He was also voted as one of the 20 most powerful men in the world by Asiaweek.

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