India No.1 Businessman Mukesh Ambani

By | March 4, 2020

 

India No.1 Businessman Mukesh Ambani

India No.1 Businessman Mukesh Ambani

The president and managing director of Reliance Industries Limited, Mukesh Ambani, was born on April 19, 1957. His father, Dhirubhai Ambani, was a small businessman who later became one of the legends of the Indian industry. Mukesh Ambani holds a Bachelor’s degree in Chemical Engineering from the University of Bombay and a Master’s Degree in Business Administration from Stanford University in the United States. Mukesh Ambani is the face of the emerging new India. He is president and CEO of Reliance Industries Limited, the largest private sector company in India.

Mukesh Ambani manages $ 88 billion (revenue) of oil and gas giant Reliance Industries. In 2016, the launch of Reliance 4G Phone Service Jio has triggered a price war in the hypercompetitive telecommunications market in India. Jio has subscribed to more than 340 million users offering free domestic voice calls, very cheap data services and virtually free smartphones.

Mukesh Ambani Annual Income:

Mukesh Ambani, the richest Indian, has raised his annual salary of Rs 15 crore from Reliance Industries for the 10th consecutive year.
Since 2008-09, Ambani’s salaries, requirements and allowances, and commissions have been kept at Rs 15 crore, about Rs 24 crore annually.
The salaries of the company’s all-time directors, including Cousins ​​Nigel and Hiyadel Meswani, rose sharply in the fiscal year ended March 31, 2018.
“The compensation of Chairman and Managing Director Mukesh D Ambani has been fixed at Rs. 15 crores, reflecting his desire to be an exemplary regulator at the level of executive compensation,” RIL said in its latest anniversary.  This may not be a good year for the Indian economy, but Mukesh Ambani, Asia’s richest man and chairman of Reliance Industries Limited, is excited about it. By December 23, Ambani had a fantastic run in 2019, adding nearly $ 17 billion to his fortune. India No.1 Businessman Mukesh Ambani.

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