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ImageAzim Premji

Next richest Desi techie on the billionaires' list is Azim Premji, Chairman, Wipro Group. At no. 83 on the Forbes World's Billionaire's list, Premji's net worth is estimated to be $5.7 billion.

However, like all other companies, Premji's wealth too has seen a plunge with Wipro's stocks seen a fall of over 45% during the past year.

A graduate in Electrical Engineering from Stanford University, US, Premji took on the mantle at Wipro at 21, after the sudden demise of his father in 1966.

Under his leadership, the fledgling $2 million-hydrogenated cooking fat company has today grown into India's third-largest software company with a $4.9 billion revenues.

Premji has been conferred with honorary doctorates by Indian Institute of Technology, Roorkee and the Manipal Academy of Higher Education. In January 2005, the Indian government honored him with Padma Bhushan, one of the highest civilian awards of the country.