5 Billionaires Who Control Half Of India's Wealth

# Azim Premji

Azim Premji, the chairman of Wipro limited has been guiding the company from the past four decades and emerges as one of the Indian Leaders in the software industry. He is currently the fourth richest on the list with a net worth of $14.9 billion and holds the 61^st position in the world. In 2000, he was voted among the 20 most powerful men in the world by the Asia week and he has twice been listed among the 100 most influential people by the TIME Magazine. Premji owns 75 percent of Wipro and also owns a private equity fund called PremjiInvest.

# Pallonji Shapoorji Mistry

The chairman of the Shapoorji Pallonji Group and Tata sons shareholder is the Pallonji Shapoorji Mistry. His net worth amounts up to $12.7 billion and he holds a share of 18.4 percent stake in the Tata sons. Pallonji is the single largest shareholder in the India's largest private conglomerate Tata Group. He was also the former chairman of the Associated cement companies and gave up Indian citizenship to take up Irish citizenship in 2003, as India does not allow dual citizenship.

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