India’s 100 Richest
AZIM PREMJI: GIVING EDGE
Despite giving away 39% of his shares in outsourcer Wipro in recent
years, the tech mogul’s fortune continues to climb. This year he
jumps 2 places to No. 2 after adding $4 billion to his wealth. The gain
is partly due to increased revenue and profit at Wipro Enterprises,
Premji’s privately held consumer-goods business, which makes
everything from soaps to lightbulbs. His personal investment arm,
PremjiInvest, with an estimated $3 billion portfolio, backs startups
and firms owned by other billionaires. Recent deals: minority stakes
in Kumar Birla’s Aditya Birla Capital and in retailer Kishore Biyani’s
Future Lifestyle Fashion. MANJUNATH KIRAN/AFP/GETTY IMAGES