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India's second richest person, Gautam Adani, drew THIS much pay in FY25 — see how he compares to peers
India's second richest person, Gautam Adani, drew THIS much pay in FY25 — see how he compares to peers

Mint

timea day ago

  • Business
  • Mint

India's second richest person, Gautam Adani, drew THIS much pay in FY25 — see how he compares to peers

The FY25 remuneration of billionaire industrialist, Gautam Adani (62), who is the second richest person in India, was 'lower than most industry peers and his own key executives', according to a PTI report on June 8. India's second richest person drew from two out of the nine listed companies from his conglomerate. Notably, Gautam Adani is worth $82.5 billion, according to the Bloomberg Billionaire Index, and is also ranked 20th on the publication's 'World's Richest List' for 2025. Gautam Adani recieved a total remuneration of ₹ 10.41 crore in FY25 (fiscal year ended March 31, 2025), PTI reported citing the group companies' latest annual reports. In FY25, Gautam Adani got: ₹ 2.54 crore — comprising of ₹ 2.26 crore salary and ₹ 28 lakh perquisites — from Adani Enterprises (AEL), besides 2.54 crore — comprising of 2.26 crore salary and 28 lakh perquisites — from Adani Enterprises (AEL), besides ₹ 7.87 crore — comprising of ₹ 1.8 crore salary and ₹ 6.07 crore commission — from Adani Ports and Special Economic Zone (Adani Ports or APSEZ). This is 12 per cent more than the ₹ 9.26 crore total package he drew from AEL ( ₹ 2.46 crore) and Adani Ports ( ₹ 6.8 crore) in the previous fiscal year (FY24), the report added. Notably, just like other promoters, Gautam Adani also earns from dividends that the group companies may pay on earnings every year. Reportedly, Gautam Adani's package is comparitively lower than most other peers or head of large family-owned conglomerates in India. Reliance Industries's Chairman Mukesh Ambani has not been taking pay since the COVID-19 pandemic in 2019. Prior to that he had capped his package at ₹ 15 crore. 15 crore. Bharti Airtel's head Sunil Bharti Mittal drew ₹ 32.27 crore in FY24 (as FY25 annual report yet to be released), 32.27 crore in FY24 (as FY25 annual report yet to be released), Bajaj Industries' Rajiv Bajaj got ₹ 53.75 crore in FY24 (as FY25 annual report yet to be released), 53.75 crore in FY24 (as FY25 annual report yet to be released), Hero Motocorp's Pawan Munjal saw ₹ 109 crore pay in FY24 (as FY25 annual report yet to be released), 109 crore pay in FY24 (as FY25 annual report yet to be released), Infamous for his 90-hour work week remark, L&T Chairman SN Subrahmanyan recieved ₹ 76.25 crore in FY25, and 76.25 crore in FY25, and Infosys CEO Salil S Parekh drew ₹ 80.62 crore in FY25. Notably, these numbers do not include earning from dividends paid. The report noted that the salary earned by Gautam Adani is also lower than at least a couple of chief executives of his group companies. AEL CEO Vinay Prakash got ₹ 69.34 crore — including ₹ 4 crore salary and ₹ 65.34 crore in perquisites, allowances and variable incentives 'for exceptional operational and financial performance in the mining services and integrated resources management business of the company'. 69.34 crore — including 4 crore salary and 65.34 crore in perquisites, allowances and variable incentives 'for exceptional operational and financial performance in the mining services and integrated resources management business of the company'. Renewable energy firm Adani Green Energy's (AGEL) MD Vneet S Jaain got ₹ 11.23 crore, while Group CFO Jugeshinder Singh earned ₹ 10.4 crore in FY25. 11.23 crore, while Group CFO Jugeshinder Singh earned 10.4 crore in FY25. Son Karan Adani received ₹ 7.09 crore from APSEZ, while the company CEO Ashwani Gupta earned ₹ 10.34 crore. Variable pay for FY25 in both Karan and Gupta's case will be disbursed in FY26, the annual report said. 7.09 crore from APSEZ, while the company CEO Ashwani Gupta earned 10.34 crore. Variable pay for FY25 in both Karan and Gupta's case will be disbursed in FY26, the annual report said. Younger brother, Rajesh earned ₹ 9.87 crore from AEL while his nephew Pranav got ₹ 7.45 crore. His other nephew Sagar took home ₹ 7.50 crore from AGEL. 9.87 crore from AEL while his nephew Pranav got 7.45 crore. His other nephew Sagar took home 7.50 crore from AGEL. City gas arm Adani Total Gas CEO Suresh P Manglani was paid ₹ 8.21 crore in remuneration for 2024-25 and Adani Energy Solutions CEO drew ₹ 14 crore salary. 8.21 crore in remuneration for 2024-25 and Adani Energy Solutions CEO drew 14 crore salary. Adani Power CEO SB Khayalia drew ₹ 9.16 crore salary in FY25. (With inputs from PTI)

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