Mumbai | Business Desk | allycaral.com
Mukesh Ambani, India’s richest man and Chairman & Managing Director of Reliance Industries Ltd (RIL), has again chosen to draw no salary for the fifth consecutive year in FY2024-25.
This decision, which aligns with Ambani’s long-held public stance on corporate responsibility and moderation during uncertain economic periods, has been consistent since the COVID-19 pandemic began. The last salary drawn by Ambani was ₹15 crore annually until FY20.
Despite the zero-salary decision, the Ambani family’s earnings from RIL shares amounted to ₹3,322.7 crore in dividends in FY25 — underlining the family’s wealth through ownership and long-term investment in the company.
Why It Matters:
In a corporate world often scrutinized for excessive executive compensation, Ambani’s move has been viewed as symbolic, especially considering the high-stake economic and social challenges of the past few years.
Reliance’s Performance in FY25:
RIL continues to remain India’s most valuable company, with thriving verticals across retail, telecom, energy, and digital services. The dividend payout showcases the company’s robust profits and shareholder value creation.
A Leadership Style Based on Moderation:
Ambani’s decision sets a benchmark in India’s corporate landscape and demonstrates a shift in the perception of compensation — favoring long-term gains and stakeholder alignment over immediate monetary benefit.
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