Mukesh Ambani's Pay Freeze: Fifth Year, Nil Salary!

Mukesh Ambani, Asia's wealthiest individual, has again foregone his salary from Reliance Industries, marking the fifth consecutive year without direct remuneration. Instead, his earnings primarily stem from dividend income.

Ambani stopped drawing a salary in response to COVID-19's impact on the economy, maintaining this stance even as Reliance Industries resumes its growth trajectory. His dividends, derived from substantial personal shareholdings, provide a significant financial return.

While Ambani's family and other top executives receive modest compensation adjustments, his consistent choice to forgo salary exemplifies responsible corporate leadership in uncertain economic times.

(With inputs from agencies.)