24 | forbes india december 29, 2017
Despite giving away 39 percent of his shares in outsourcer Wipro in
recent years, the tech mogul’s fortune continues to climb. This year,
he jumps two 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.
AziM PreMji: GivinG edGe
Richest
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