Gautam Adani earned Rs 10.41 crore in FY25: Who earned more than him?
Gautam Adani, chairman of the Adani Group, earned Rs 10.41 crore in the financial year 2024–25. This marks a 12% rise from the previous year, as per annual reports of the group's listed companies. However, even with this increase, his earnings were lower than many top executives in the corporate world, including some within his own group.Adani, 62, received his salary from two of the nine listed firms in the Adani Group. He earned Rs 2.26 crore in salary and Rs 28 lakh in allowances from Adani Enterprises Ltd (AEL). From Adani Ports and Special Economic Zone (APSEZ), he drew Rs 1.8 crore in salary and Rs 6.07 crore as commission, totalling Rs 7.87 crore.In the previous financial year, his total salary stood at Rs 9.26 crore, Rs 2.54 crore from AEL and Rs 6.8 crore from APSEZ. This means his earnings have gone up by over Rs 1 crore this year.WHO EARNED MORE THAN GAUTAM ADANI?Despite the hike, several leading business heads in India earned much more than Adani. In FY24, Sunil Bharti Mittal of Bharti Airtel earned Rs 32.27 crore, Rajiv Bajaj of Bajaj Auto earned Rs 53.75 crore, and Pawan Munjal of Hero MotoCorp received Rs 109 crore.In FY25, Larsen & Toubro (L&T) Chairman SN Subrahmanyan took home Rs 76.25 crore, while Infosys CEO Salil S Parekh earned Rs 80.62 crore.Mukesh Ambani, chairman of Reliance Industries and the richest man in India, has not taken a salary since the Covid-19 pandemic. Before that, he had capped his salary at Rs 15 crore.ADANI GROUP EXECUTIVES WHO EARNED MORESome of Adani's own group executives received more pay than him in FY25. Vinay Prakash, CEO of AEL, earned Rs 69.34 crore, which includes Rs 4 crore as salary and Rs 65.34 crore in perquisites and bonuses.Vneet S Jaain, Managing Director of Adani Green Energy Ltd (AGEL), earned Rs 11.23 crore, while the group's Chief Financial Officer Jugeshinder Singh received Rs 10.4 crore.At APSEZ, Gautam Adani's son Karan Adani earned Rs 7.09 crore. The company's CEO Ashwani Gupta received Rs 10.34 crore. Both Karan and Gupta will get their variable pay in FY26.Other members of the Adani family also figure in the list of high earners within the group. Rajesh Adani, Gautam's younger brother, earned Rs 9.87 crore from AEL. His nephew Pranav Adani took home Rs 7.45 crore, and another nephew, Sagar Adani, earned Rs 7.50 crore from AGEL.According to the Bloomberg Billionaire Index, Gautam Adani's net worth is currently $82.5 billion. He had briefly become the richest person in Asia in 2022, but a sharp fall in Adani Group's share prices followed a report by US short-seller Hindenburg Research in 2023.Adani regained the top spot in Asia on two occasions in 2024 but is once again behind Mukesh Ambani.(With inputs from PTI)
advertisement
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
37 minutes ago
- Time of India
Paytm introduces personalized UPI ids to enhance user privacy and expand global payments
Mumbai: Paytm has introduced personalised UPI IDs aimed at enhancing user privacy by allowing payments without revealing mobile numbers. The feature enables users to create handles such as name@ptyes or name@ptaxis and is currently supported by Yes Bank and Axis Bank, with plans to extend it to other banking partners. The new UPI ID system allows individuals to send and receive money without disclosing their phone numbers, addressing concerns about personal data exposure in digital transactions. According to the company, this update offers a more secure and flexible way to use UPI for everyday payments, from settling bills with delivery agents to paying vendors or shopkeepers. A Paytm spokesperson said, 'We have introduced personalised UPI IDs to offer more choice and privacy in payments. We heard the feedback from our customers who wanted to keep their mobile numbers private and built this solution to address that need.' The company said the new system is designed to deliver greater control over personal information while maintaining seamless usability. Paytm users can create personalised UPI handles through the app by navigating to their profile, accessing UPI settings, selecting a custom ID, and activating it as the primary handle. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo Once set, the personalised ID masks the mobile number in transaction details, providing users with a consistent identity for digital payments. The company has also rolled out seven other updates to its platform. These include the option to hide or unhide payments, automatic categorisation of spending, widgets for faster access to payment functions, auto top-up for low-value UPI Lite transactions up to Rs 5,000, downloadable UPI statements in PDF and Excel formats, and a consolidated view of balances across UPI-linked bank has also expanded UPI acceptance for Indian users abroad. UPI payments are now enabled in the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal, allowing users to make payments overseas using the same app. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
40 minutes ago
- Time of India
Elon Musk's Starlink services to cost Rs 3,000 per month in India
Elon Musk 's satellite internet service Starlink is preparing to commence operations in India within the next two months after receiving its license last week, sources said. The company has finalised its pricing structure for the Indian market, setting the cost of the required satellite dish device at approximately Rs 33,000. The monthly unlimited data plan is expected to be priced at Rs 3,000. As part of its launch strategy, Starlink plans to offer a complimentary one-month trial period with each device purchase, allowing customers to test the service before committing to regular monthly payments. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like "Shkodër: Ju nuk do t'i besoni çmimeve të divanëve në shitje speciale të mobiljeve!" Divanë | Njoftime Kërkimi Mëso më shumë The satellite internet service is expected to significantly impact connectivity in India's remote and underserved areas, where traditional broadband infrastructure has been challenging to establish. Starlink's low Earth orbit satellite constellation promises to deliver high-speed internet access to locations previously unreachable by conventional terrestrial networks. The pricing structure appears consistent with Starlink's regional strategy, as the device costs align with those in neighbouring countries. In Bangladesh, the Starlink device is priced at Rs 33,000, while Bhutan maintains the same Rs 33,000 price point for the equipment. Live Events Industry experts suggest that Starlink's entry into the Indian market could intensify competition in the country's telecommunications sector and provide crucial connectivity solutions for rural areas, educational institutions, and businesses in remote locations. The company's imminent launch comes as India continues to push for digital inclusion and improved internet connectivity across its vast geographical expanse, particularly in areas where traditional internet service providers have struggled to establish reliable networks.
&w=3840&q=100)
Business Standard
42 minutes ago
- Business Standard
Dharavi masterplan to be implemented in phases, says DRP CEO SVR Srinivas
The Rs 95,790-crore Dharavi Redevelopment Project will be executed in phases, rehabilitating around 72,000 tenants, with completion targeted for January 2031, says DRP CEO Mumbai Listen to This Article The master plan of the Rs 95,790-crore Dharavi Redevelopment Project (DRP) in Mumbai will be implemented in phases, according to SVR Srinivas, chief executive officer (CEO) of DRP. 'The Dharavi masterplan will be implemented in phases. Only if there are any major changes during implementation, which are not mentioned or are in contravention of the Development Plan, will the process of suggestions and objections be necessary. The project will be executed by onboarding all major stakeholders, most importantly, the local population and the government,' Srinivas said. The plan proposes to rehabilitate around 72,000 residential and commercial tenants across 47.20 hectares
