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These two brothers gave 500 rupees in shares by their billionaire father, which has a net wealth of approx. 1 Lakh Crore – who are they? – et now luxury

These two brothers gave 500 rupees in shares by their billionaire father, which has a net wealth of approx. 1 Lakh Crore – who are they? – et now luxury

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Updated on May 8, 2025 00:07

Meet the billionaire brothers who have received stocks worth 500 rupees as a gift, and they are not just sitting on it.

Meet the billionaire brothers who have received shares worth 500 rupees as a gift – and they don't just sit on it

If you have ever found a crumpled RS 500 note in your jeans bag and felt like a king, make yourself -two brothers have just received shares worth 500 rupees as a gift From her billionaire. But this is not just a story of rich children who get richer. It is about legacy, brain force, business -marts and a side of the good old Indian family values ​​- all in one of the most respected billionaire clans in the country. Yes, we talk about the Premjis-Die flat but mega-impact family behind the Wipro Imperium.
In 2024, Azim Premji-Indien's OG Tech Titan and probably the most philanthropic billionaire on this side of the Silicon Valley, each of his sons, decided to give a fairly high token of love: over 51 LAKH shares, each in a WiPro value of over 51 Lakh. And no, it wasn't her birthday. The move has subtly gave more weight to its already decisive roles in one of the most famous IT companies in India, while family participation in Wipro looks well consolidated.
But who exactly are the happy brothers? Do you laze on private islands with your gold shares? Not quite. These two are anything but idle heirs. Let us peel the layers of Rishad and Tariq Premji, the reserved, highly effective traces of tech assets with discipline of the old school and modern smarts.
These brothers inherited 500 Crore in stocks and one billion dollar mission more than money from Azim Premji

Rishad Premji: The heir trained in Harvard controls the Wiproschiffie

The older siblings Rishad Premji is every centimeter of the suitable company General, which you imagine in a Fortune 500 session hall-with an edge of humility that is the Signature Premji-DNA. Rishad is Executive Chairman from Wipro, a company that has a turnover of 11.3 billion US dollars today (that is over 94,000 rupees if they count in the local currency). He officially took over the family drawings from his father in 2019, after starting the WIPRO Ecosystem for a decade as managing director of the Chief Strategy Officer for a decade.

In front of it? Rishad not only gave a key card and a corner office. He acquired his strips with a Bachelor in economics from Wesleyan University and an MBA from Harvard Business School. This is a curriculum vitae that “I mean my business” screams.

Funny fact: Rishad is married to his friend from childhood, Aditi, and the couple has two children – Rhea and Rohaan. Think of Power couple, but reserved. Think that the brilliance of the meeting room will meet family game night.

Tariq Premji: The quieter brother who manages billions behind the scenes

While Rishad is the public eye with his role in the IT giant, Tariq Premji is the strategist behind the scenes, which tacitly makes billions of billions. He is currently Vice President of the Azim Premji Endowment Fund, which manages a massive body of 5 billion US dollars (or 41,749 rupees) of the philanthropy. Yes, this is more than GDP of some small nations.

Tariq is also not managing director at Wipro Enterprises, who manages the non-IT companies from WIPRO such as FMCG and Engineering. Oh, and he was in the founding team of Premjiinvest, the investment office of the family denn, if you have a net assets of RS 1 Lakh Crore, you need a full strategy to manage where the money grows, grows and gives something back.

In contrast to his brother, Tariq completed the Bangalore University with a bachelor's degree. It is the number type that prefers a low-profile, highly effective approach. Although it is not so often in the spotlight, its influence from consumer goods to investment portfolios extends.

These brothers inherited 500 Crore in stocks and one billion dollar mission more than money from Azim Premji

The gift of 500 rupees: more than just a large gesture

So why the sudden transfer of wealth? Giving shares is not just a warm, fatherly gesture-is a well-planned step that is often rooted in intelligent financial structuring, future succession planning and storing the most important assets within the family.

According to MINT, Azim Premji now has 4.12% of Wipro, while Ms. Yasmen holds Premji 0.05% and the sons each own 0.13%. This brings the total participation of the family to WiPro to 4.43%room even under close control. It's not just about money; It's about legacy.

Funny fact: Azim Premji has given away more than 21 billion US dollars of his assets to charity – which makes him one of the most generous billionaires in the world who is only in second place like Warren Buffett and Bill Gates.

Azim Premjis assets: still to the richest in the world in the world

Although Azim Premji is giving away most of his fortune, he is up to date in 2024 on the billionaire list of Forbes, with a net assets of 11.9 billion US dollars or around 1 LAKH Crore. The man clearly knows how to build prosperity – and build up again -.

Funny fact: He was the first Indian to sign the promise and promised to donate most of his assets during his lifetime.

The legacy of the Premji family: business with certain

If Bollywood had a business family biopic, the Premjis would be a shoe. You have everything – ambition, education, philanthropy, strategy and zero scandal. In a world in which billionaire children often make headlines for the wrong reason, Rishad and Tariq proudly make their father proud by combining business sense with a deep feeling of social responsibility.

And that, dear reader, gives a gift of 500 CRore more than just money in the bank-es is a Baton pass in a billion dollar season that shows no signs of slowing down.

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