| Azim
Premji
Studied Engineering at Stanford University.
Value /Wealth created about $ 2-50 billion.
In 1966 Premji had to cut short his engineering studies
at Stanford University due to his father’s death.
He joined the family business of vegetable oils “vanaspati”,
bakery fat, hair care soaps, lighting products, and
hydraulic cylinders.
Since that time, Premji has taken astute business decisions
such as making PCs when IBM was thrown out of India
in 1975.
Premji is known for his simple living and high thinking,
travels by economy class and stays in value-for-money
hotels. He believes in his own company and currently
owns 75 percent of the company's shares.
In 1984, Wipro pioneered the concept of sharing wealth
through stock awards. Wipro launched the Stock Options
in 1999. They have been the first in India in 1997 to
start the Six Sigma Quality Program [a quality metric
that uses the concept of leadership of teams by high
quality professionals as Judo/ karate “Black Belts”]
which has been followed with General electric
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