Wipro Technologies's 62-year-old chairman is the fifth richest Indian in the world with a net worth of $13.6 billion.
Premji inherited a cooking oil business from his father young and he transformed it into technology services giant Wipro. Under his leadership Wipro metamorphosed from a Rs 7 crore (Rs 70 million) hydrogenated cooking fats company to a pioneer in providing integrated business, information technology and process solutions.
Wipro currently employs more than 55,000 people. Premji recently set up Wipro Arabia, a joint venture with Saudi Arabia's Dar Al Riyadh group.
In 2000, AsiaWeek voted Premji among the 20 most powerful men in the world. Premji was among the 50 richest people in the world from 2001 to 2003 listed by Forbes. In April 2004, he was rated one of the 100 most influential people in the world by Time magazine.
Premji's elder son, 31-year-old Rishad, joined Wipro's financial services practice this year.
Also read: Premji on what enables innovation
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