Photo: Wipro Ltd
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IT czar and Wipro Chairman Azim Premji, who was India's richest billionaire last year, slipped to the second spot in the Business Standard survey, having lost Rs 12,448 crore ($2.74 billion) since the last year.
This was mainly due to the fact that Wipro's market price plummetted by almost 40 per cent since last December.
Yet, Premji's net worth still stands at Rs 18,964 crore ($4.17 billion).
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