Here's how much Mukesh Ambani's driver allegedly earns: It's more than some executives
2 months, 3 weeks ago

Here's how much Mukesh Ambani's driver allegedly earns: It's more than some executives

Hindustan Times  

Mukesh Ambani, the chairman and managing director of Reliance Industries Limited, the conglomerate spanning sectors including energy, petrochemicals, textiles, retail, and telecommunications is known to compensate his personal staff like drivers and household employees quite handsomely with allowances, insurance benefits, and competitive wages, according to a report by India.com Reliance Industries Chairman, and Managing Director Mukesh Ambani. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} {{^usCountry}} {{/usCountry}} As of October 19, 2024, Mukesh Ambani is the 15th richest person in the world and the richest person in Asia with a net worth of $103 billion, according to the Bloomberg Billionaires Index. Mukesh Ambani's personal driver earns a staggering ₹2 lakh per month, which adds up to ₹24 lakh per annum according to the report, which cited a 2017 viral video on social media which revealed this information. One of the main reasons why drivers of the Ambani family as well as those of other wealthy persons are paid so well is that they are professional drivers who go through quite a rigorous training procedure and are trained to be capable of handling luxury as well as bulletproof vehicles to ensure utmost safety and security for the passengers.

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History of this topic

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for 5 more years
1 year, 5 months ago

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for 5 more years

Hindustan Times  

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 -- a period during which he has opted to draw nil salary. In the special resolution posted to shareholders, Reliance said its Board of Directors on July 21, 2023 approved "re-appointed Mukesh …

Mukesh Ambani draws nil salary
3 years, 7 months ago

Mukesh Ambani draws nil salary

The Hindu  

Richest Indian Mukesh Ambani drew no salary from his flagship firm Reliance Industries Ltd in the fiscal year ended March 31 as he voluntarily gave up remuneration in light of the pandemic hitting the business and the economy. In its latest annual report, Reliance said Mr. Ambani's remuneration for financial year 2020-21 was "nil." Mr. Ambani has kept salary, perquisites, …

Mukesh Ambani keeps salary capped at Rs 15 crore in FY20; forgoes remuneration from current year
4 years, 6 months ago

Mukesh Ambani keeps salary capped at Rs 15 crore in FY20; forgoes remuneration from current year

India TV News  

Richest Indian Mukesh Ambani kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for 12th year on the trot in the fiscal ended March 31 and has decided to forego the entire remuneration from the current year in view of the COVID-19 pandemic. Ambani's remuneration for 2019-20 included Rs 4.36 crore as salary and …

Mukesh Ambani: India's richest man pays $77m to save brother from jail after helping put him out of business
5 years, 9 months ago

Mukesh Ambani: India's richest man pays $77m to save brother from jail after helping put him out of business

The Independent  

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’Deeply grateful’: Anil Ambani thanks his brother Mukesh Ambani for paying Ericsson dues
5 years, 9 months ago

’Deeply grateful’: Anil Ambani thanks his brother Mukesh Ambani for paying Ericsson dues

Live Mint  

Asia’s richest man Mukesh Ambani has helped his younger brother avert a stint in jail, stepping in to make an $80 million payment for his sibling Anil whose telecom-to-infrastructure empire is struggling under the weight of debt. The embattled former billionaire, Anil Ambani, thanked his brother Mukesh, and his sister-in-law, after Reliance Communications Ltd. completed the required ₹5.5 billion payment …

Mukesh Ambani gets another 5 years as Reliance Industries chairman
6 years, 6 months ago

Mukesh Ambani gets another 5 years as Reliance Industries chairman

Live Mint  

New Delhi: Shareholders of Reliance Industries have approved giving Mukesh Ambani another five years as the chairman and managing director of the company. Ambani, 61, has been on the board of Reliance Industries Ltd since 1977 and was elevated as chairman of the company after the death of his father and group patriarch Dhirubhai Ambani in July 2002. Also, “the …

Mukesh Ambani is ready for his triple play close-up
6 years, 6 months ago

Mukesh Ambani is ready for his triple play close-up

Live Mint  

Mukesh Ambani is ready with his triple play of carriage, content and commerce. By upending the telecom industry’s profitability with free voice calls and cheap data, he’s forced many of his smaller rivals, including his younger brother Anil Ambani, into backing off. But it’s Ambani’s entry into fiber-optic broadband, announced at flagship Reliance Industries Ltd.’s annual shareholder meeting on Thursday, …

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