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Gautam Adani’s Salary Is Lower Than His Executives — What About Mukesh Ambani, and Who Tops the List?

  • June 9, 2025

Gautam Adani earned Rs 10.41 crore in FY25, a 12% rise from last year, yet still modest compared to several senior executives in his group. Here’s how India Inc’s top bosses stack up.

Gautam Adani Draws Rs 10.41 Cr in FY25, Less Than Many Top Executives

Gautam Adani, India’s second-richest individual, drew a total remuneration of Rs 10.41 crore in the financial year 2024–25, according to company filings, a figure that is not only lower than many of his industry peers but also less than several top executives within his own conglomerate.
Adani, 62, who heads the ports-to-energy Adani Group, drew salaries from just two of the nine listed group companies, as revealed in annual reports reviewed by PTI. His FY25 remuneration rose 12% from Rs 9.26 crore in FY24.
From the group’s flagship firm Adani Enterprises Ltd (AEL), he received Rs 2.26 crore as salary and Rs28 lakh in perquisites and other benefits, totalling Rs 2.54 crore — marginally up from Rs 2.46 crore the previous year. He also drew Rs 7.87 crore from Adani Ports and Special Economic Zone Ltd (APSEZ), comprising Rs 1.8 crore in salary and Rs 6.07 crore as commission. This too was an increase from Rs 6.8 crore in FY24.

Despite his massive wealth, estimated at $82.5 billion (as per Bloomberg Billionaires Index), Adani’s salary is modest when compared to corporate heavyweights. According to PTI, other key business leaders like Sunil Bharti Mittal of Bharti Airtel earned Rs 32.27 crore in FY24, Rajiv Bajaj of Bajaj Auto drew Rs 53.75 crore, Pawan Munjal of Hero MotoCorp took home Rs 109 crore, L&T’s S.N. Subrahmanyan earned Rs 76.25 crore, and Infosys CEO Salil Parekh topped with Rs 80.62 crore.

In contrast, Mukesh Ambani, India’s richest man, has been drawing no salary from Reliance Industries since the onset of the COVID-19 pandemic. Prior to that, his pay was voluntarily capped at Rs 15 crore per annum.
Even within the Adani Group, Gautam Adani’s remuneration is overshadowed by key executives:
  • Vinay Prakash, CEO of AEL, earned Rs 69.34 crore, including Rs 4 crore in salary and a whopping Rs 65.34 crore in performance-linked perks.
  • Ashwani Gupta, CEO of APSEZ, received Rs 10.34 crore.
  • Vneet Jaain, MD of Adani Green Energy, was paid Rs 11.23 crore.
  • Jugeshinder Singh, the group’s CFO, earned Rs 10.4 crore.
  • Adani’s son Karan Adani earned Rs 7.09 crore from APSEZ, while brother Rajesh Adani took Rs 9.87 crore from AEL. Nephews Pranav and Sagar Adani earned Rs 7.45 crore and Rs 7.5 crore, respectively.
Other senior executives also earned hefty packages: Adani Energy Solutions CEO received Rs 14 crore; Adani Total Gas CEO earned Rs 8.21 crore; and Adani Power CEO took home Rs 9.16 crore in FY25.
While Gautam Adani reclaimed the title of Asia’s richest man briefly in 2023, he currently ranks 20th globally, trailing Mukesh Ambani, who stands at 17th with an estimated net worth of $104 billion. Adani had earlier slipped from the top following the damaging Hindenburg Research report in 2023, which wiped out nearly $150 billion in group market value at its lowest point.
Source : https://www.timesnownews.com/business-economy/industry/gautam-adanis-salary-is-lower-than-his-executives-what-about-mukesh-ambani-and-who-tops-the-list-article-151813903
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