Ambani draws no salary for 5th year; his promoter group earns Rs 3,600 crore in dividends

PTI

New Delhi, Updated At : 12:02 AM Aug 08, 2025 IST

Reliance Industries chairman Mukesh Ambani. File photo

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Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fifth year in a row, and dividends remain his main source of earnings.

Ambani, 68, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.

The promoter group firms that he controls, own 664.5 crore shares, or 50.07 per cent, give a dividend income of Rs 3,655 crore.

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