Mukesh Ambani, Chairman and Managing Director of Reliance Industries, has once again opted not to draw a salary for the fifth successive year in FY 2024‑25, encompassing salary, allowances, perquisites, and retiral benefits . This decision stems from his voluntary commitment during the COVID‑19 pandemic to prioritize corporate stability and avoid executive remuneration while the company navigated economic uncertainty.
Today, Ambani’s earnings stem entirely from dividend income—he directly holds 1.61 crore Reliance shares, garnering ₹8.85 crore at the declared ₹5.50 per-share dividend. Meanwhile, the promoter group, under his control, received a whopping ₹3,655 crore in dividends .
Prior to 2020, Ambani had capped his annual pay at ₹15 crore since FY 2008‑09 to set a personal benchmark for moderation in executive compensation. Continuing his no‑salary stance even after the pandemic highlights strong corporate governance and a focus on long‑term shareholder value .
Despite foregoing a paycheck, Ambani’s position remains influential, with his income strategy now firmly within the realm of dividend-based remuneration, reinforcing a leadership ethos that emphasizes prudence, responsibility, and shareholder-first governance.
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