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Mukesh Ambani draws nil salary for 4th year in a row

By Economic Times - 4 months ago
Asia's richest man Mukesh Ambani has drew nil salary from Reliance Industries for the fourth consecutive year, while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani had capped his annual remuneration at Rs 15 crore from 2008-09 to 2019-20. Since FY21, he opted to forego his salary due to the COVID-19 pandemic. In 2023-24, he received 'nil' salary, allowances, perquisites, and retiral benefits.

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