From left, AM Naik, Mukesh Ambani and Pawan Munjal.
Minute-by-minute break-up of Mukesh Ambani’s pay package, which has remained steady for the last decade.
One item that will likely not cause any debate at next month’s Reliance Industries AGM, will be chairman Mukesh Ambani’s salary. For 10 successive years now, Ambani has kept his salary capped at Rs 15 crore.
“Compensation of Mukesh D Ambani, chairman and managing director, has been set at Rs 15 crore, reflecting his desire to continue to set a personal example for moderation in managerial compensation levels,” RIL said in its latest annual report. This compensation includes salary, perquisites, allowances, commission and retiral benefits. Of course, this is no reflection of his actual net worth. He remains India’s richest man, with a net worth of over $40 billion.
If Mukesh Ambani makes Rs 15 crore annually, then he makes: Per month - Rs 1.25 crore Per day (30 days) - Rs 4.16 lakh Per hour - Rs 17,333 Per minute - Rs 288
In comparison, some top ranking C-suite members (within the non-promoter group) who earn more than Ambani:
AM Naik, Group Executive Chairman, L & T - Rs 40.87 crore (FY17)
Ambanis' Big Bash: Shloka Mehta Joins Ratan Tata, Tendulkar
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Mukesh and Nita Ambani recently hosted a glittering party for Thomas Bach, President of the International Olympic Committee, at their Mumbai home. Joining her soon-to-be in-laws was Akash Ambani's fiancee Shloka Mehta.
Also present at the bash was Sachin Tendulkar, who arrived with wife Anjali.
Mukesh and Nita Ambani recently hosted a glittering party for Thomas Bach, President of the International Olympic Committee, at their Mumbai home. Joining her soon-to-be in-laws was Akash Ambani's fi..
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The party was attended by several corporate honchos and sportstars. Actors John Abraham and Aamir Khan were also spotted.
Here: Mukesh (L) and Nita Ambani (2R) with guest of honour Thomas Bach (R).
The party was attended by several corporate honchos and sportstars. Actors John Abraham and Aamir Khan were also spotted.
Here: Mukesh (L) and Nita Ambani (2R) with guest of honour Thomas Bach (R).
The soon-to-be Ambani daughter-in-law Shloka Mehta was seen making an elegant entrance. The last time Mehta was clicked under the Ambani house, she was accompanied by beau Akash Ambani during their lavish engagement party.
The soon-to-be Ambani daughter-in-law Shloka Mehta was seen making an elegant entrance. The last time Mehta was clicked under the Ambani house, she was accompanied by beau Akash Ambani during their l..
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Ratan Tata was spotted arriving to join the Ambanis for the party with Managing Trustee, Tata Trusts, R Venkataramanan.
Ratan Tata was spotted arriving to join the Ambanis for the party with Managing Trustee, Tata Trusts, R Venkataramanan.
Master blaster Sachin Tendulkar was suited up for the bash as he arrived with wife Anjali, who kept it classy in a blue dress.
Master blaster Sachin Tendulkar was suited up for the bash as he arrived with wife Anjali, who kept it classy in a blue dress.
A party thrown in honour of the President of the International Olympic Committee is bound be overflowing with sports stars. This was the case at the Ambani house too, as tennis legends Mahesh Bhupathi and Leander Paes joined Olympic gold-medallist Abhinav Bindra at the bash.
A party thrown in honour of the President of the International Olympic Committee is bound be overflowing with sports stars. This was the case at the Ambani house too, as tennis legends Mahesh Bhupath..
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Boxer Vijender Singh and Paralympian Deepa Malik were all smiles as they checked-in to the party.
Boxer Vijender Singh and Paralympian Deepa Malik were all smiles as they checked-in to the party.
Money And Passion: What Bill Gates, Mukesh Ambani And Other Billionaires Spend On
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Billionaire Bill Gates revealed his two biggest indulgences in a talk show recently – a Porsche and a private plane. A look at other billionaires and their big money buys:
Billionaire Bill Gates revealed his two biggest indulgences in a talk show recently – a Porsche and a private plane. A look at other billionaires and their big money buys:
Mumbai residence
It’s still the most expensive residential property in the world after Buckingham Palace and the building was completed in 2010. It is the residence of Reliance Industries chairman Mukesh Ambani and his family, and reportedly cost $2 billion, including the rate of the land on which it is built. The building has 27 storeys and is 173 meters high. The highrise sits on Altamount Road in Mumbai and includes space for a staff of 600.
Mumbai residence
It’s still the most expensive residential property in the world after Buckingham Palace and the building was completed in 2010. It is the residence of Reliance Industries chairman M..
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Flying Heritage & Combat Armor Museum
The Flying Heritage & Combat Armor Museum houses Microsoft co-founder Paul Allen’s collection of rare military crafts, tanks and other military items. The artifacts are from all over the world including Japan and Russia. Allen began acquisition and preservation in 1998 and the collection was opened to the public in 2004. The museum is run by a non-profit organisation that seeks to educate the public about planes.
Flying Heritage & Combat Armor Museum
The Flying Heritage & Combat Armor Museum houses Microsoft co-founder Paul Allen’s collection of rare military crafts, tanks and other military items. The artif..
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Necker island
Branson bought a private island in the Caribbean when he was just 28 years old, and within a few years pumped in millions and turned it into a fabulous resort. Branson’s island is called Necker Island and is spread out over 30 hectares. It boasts a ten-bedroom Balinese style-villa that can accommodate around 30 people and was purchased by Branson for just $180,000 in 1978, despite being priced around $6 million. Branson’s wedding to his second wife Joan Templeman happened on the island.
Necker island
Branson bought a private island in the Caribbean when he was just 28 years old, and within a few years pumped in millions and turned it into a fabulous resort. Branson’s island is call..
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Eclipse
Built by the German shipbuilder Blohm+Voss, Eclipse is the world’s second largest private yacht at 162.5 metres. Russian billionaire Roman Abramovich got the yacht after sea trials in December 2010. The luxury yacht needs a crew of 70 and has 24 guest cabins, a disco hall, two swimming pools and two helicopter pads. The yacht also comes with three launch boats and a mini submarine.
Eclipse
Built by the German shipbuilder Blohm+Voss, Eclipse is the world’s second largest private yacht at 162.5 metres. Russian billionaire Roman Abramovich got the yacht after sea trials in Decemb..
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No. 5, 1948
The Fintech Advisory founder is a well-known art collector. In 2006, he reportedly purchased Jackson Pollock’s ‘No.5, 1948’ for a staggering $140 million at an auction from producer David Geffen. The Mexican investor has denied the possession of the painting but many, including The New York Times, have said that the Pollock painting hangs in Martínez’s New York apartment, which is supposed to be one of the most expensive apartments in Manhattan.
(Image: www.aristeguinoticias.com)
No. 5, 1948
The Fintech Advisory founder is a well-known art collector. In 2006, he reportedly purchased Jackson Pollock’s ‘No.5, 1948’ for a staggering $140 million at an auction from producer Dav..
