Key Points
Gautam Adani, one of India's wealthiest individuals, took home a salary in the fiscal year ending March 31, 2024 that was lower than the earnings of many executives working under him..
Adani's earnings came from just two of the ten companies in his expansive ports-to-energy conglomerate..
The annual reports of these ten listed entities revealed that he drew a Rs 2.46 crore salary from the group's flagship firm, Adani Enterprises Ltd (AEL), which included a Rs 2.19 crore salary and Rs 27 lakh in perquisites, allowances, and other benefits...
While Mukesh Ambani, India's richest person, has forgone his entire salary since the Covid-19 pandemic and previously capped his remuneration at Rs 15 crore, Adani's earnings are significantly lower than those of telecom magnate Sunil Bharti Mittal (Rs 16.7 crore in 2022-23), Rajiv Bajaj (Rs 53.7 crore), Pawan Munjal (Rs 80 crore), L&T Chairman S N Subrahmanyan, and Infosys CEO Salil S Parekh...
Gautam Adani did not receive any commission from AEL but secured Rs 5 crore from APSEZ, which included a Rs 1.8 crore salary and a Rs 5 crore commission payable in the 2024-25 fiscal, according to the company's annual report...
