Meet Bengaluru’s richest person, with massive net worth of Rs 190700 crore, not Narayan Murthy, Nikhil Kamath or Kiran Mazumdar Shaw, his business is…

With a staggering net worth of Rs. 1,90,700 crore, he is not only Bangalore’s richest man but also the sole Bengaluru resident to feature in the top 10 of the Hurun India Rich List.

Written by: Analiza Pathak Edited by: Analiza Pathak
Published: January 17, 2025, 9:46 AM IST

India’s billionaire population has witnessed a remarkable surge, with one billionaire being added every five days in the past year, according to the Hurun India Rich List 2024. The country now boasts an impressive total of 334 billionaires. Among India’s cities, Bangalore, the nation’s IT hub, stands out as the home to a significant number of these affluent entrepreneurs, surpassing other major cities like Chennai, Ahmedabad, and Pune in billionaire count.

Renowned for its thriving tech ecosystem, Bangalore hosts some of the country’s most celebrated business magnates, including Kiran Mazumdar-Shaw, N. R. Narayana Murthy of Infosys, and Azim Premji of Wipro. However, leading the pack as the wealthiest individual in Bangalore is none other than Azim Premji.

Premji’s journey to becoming a business titan began when he took over Wipro Limited, a small vegetable oil company, at the age of 21 after the sudden demise of his father. Under his visionary leadership, Wipro underwent a remarkable transformation to becoming a global IT services giant.

As the former chairman and majority owner of Wipro, his leadership has had a lasting impact on India’s tech sector. With a staggering net worth of Rs. 1,90,700 crore, Azim Premji is not only Bangalore’s richest man but also the sole Bengaluru resident to feature in the top 10 of the Hurun India Rich List.

Beyond his business achievements, Premji is celebrated for his philanthropy. He has donated a significant portion of his wealth, particularly toward education and social development, earning him a reputation as one of India’s most generous billionaires.

About Azim Premji in nutshell:

  • As of December 2024, Premji’s net worth was estimated at USD 32.2 billion by Forbes.
  • In 2024, Premji’s wealth was estimated at Rs 1,90,700 crore by Hurun India Rich List.
  • In 2013, Premji signed the Giving Pledge, agreeing to give away at least half of his wealth.
  • He donated USD 2.2 billion to the Azim Premji Foundation, which focuses on education in India.
  • In 2020, he topped the EdelGive Hurun India Philanthropy List.
  • Premji renamed the company Wipro in 1977.
  • In the 1980s, Wipro formed international partnerships to build computer hardware for sale in India.

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