These six NextGen scions of successful, wealthy business families stand at the crossroads of their empires and have the potential to take their inheritance to a whole new level
Shapoor and Cyrus Mistry
Rishad Premji In August, Wipro’s chief of strategy, K. R. Lakshminarayana, needed to quickly find a successor so that he could move to a new assignment as chief endowment officer at Azim Premji’s philanthropic trust. As it turned out it took him more than a month to carefully vet all the candidates in the fray. Not many would have believed that the eventual choice had nothing to do with the candidate’s surname. For Rishad Premji, 33, the grooming process has now reached a crucial point. As the new strategy boss, he has a tough job of figuring out what is on his dad’s mind — and reconciling that with the two joint CEOs he reports to. Armed with a degree from Harvard Business School, he has worked at blue chip firms like GE Capital and Bain and Co.
(This story appears in the 22 October, 2010 issue of Forbes India. To visit our Archives, click here.)