Bangalore's Richest Businessmen

By SiliconIndia   |   Monday, 31 October 2011, 12:59 Hrs   |    7 Comments
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Bangalore: The richest Indians have been listed by Forbes recently. But did you know that 10 of the richest Indians were from Bangalore? Here is the list of the rich Bangaloreans who have made India's Silicon valley proud.

1. Azim Premji:

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Azim Premji, the Chairman of Wipro is the third richest Indian. The business tycoon has been directing the functions of the company for 4 decades, developing and influencing the growth of the brand. He holds the 74 percent of the stake in the company. Under his reign, the company grew from $2.5 million to 7 billion. The company recently underwent few failures. Premji replaced his long term workers and co-chief executives by another Wipro insider to boost up the company's revenue. He did an educational charity worth $2 billion in December 2010. This year he was honored with Padma Vibhushan the India's second highest civilian award. Premji currently is worth $13 billion.




2. N.R. Narayana Murthy:

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Narayana Murthy is the 32 richest Indian. The Co-founder of Infosys stepped down from the Chairman position this year. He has served the company for 30 years. He owns a venture capital fund called Catamaran. He also chairs on the boards of HSBC, Ford foundation, UN foundation. He was in news when he stated that quality of education and students studying in IITs have depreciated. He and his wife Sudha, a well known writer gave $5.2 million to Havard University in the year 2010 to bring out the translations of Indian classics. At present he is the Emeritus of Infosys and holds a minority stake in the company. Narayana Murthy owns $1.65 billion.

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