Meet highest paid employee of Reliance, whose salary is Rs 240000000, Mukesh Ambani is his…

Highest salary of a Reliance employee is more than Mukesh Ambani or any other Ambani family member's salary.

Edited By: Anirudha Yerunkar

Published: October 9, 2024, 4:16 PM IST

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https://www.india.com/business/meet-highest-paid-employee-of-reliance-whose-salary-is-rs-240000000-mukesh-ambani-is-his-7310672/ Copy

Reliance highest paid employee not from Ambani family but its Nikhil Meswani, who is also a close aide of Mukesh Ambani. He earns an annual salary higher than any Ambani family member. 

Mukesh Ambani is the richest person in India, with a net worth exceeding $106 billion. The company operates a wide range of businesses, all managed by Mukesh Ambani’s close associates and family members.

Mukesh Ambani’s Salary

Mukesh Ambani oversees one of India’s largest conglomerates. Mukesh Ambani himself does not take a salary from the company. Before the COVID-19 pandemic, he used to draw Rs 15 crore per year. 

He chose to forgo his salary in 2021 and beyond to support the company and its businesses as they recovered from the pandemic

Reliance Highest Paid Employee’s Salary

It is Nikhil Meswani who holds the title of the highest-paid employee at Reliance Industries, with his pivotal role in both the petrochemical division and the company’s sports ventures.

Among many associates, Nikhil Meswani holds the distinction of being the highest-paid employee at Reliance. Despite his immense wealth. He and his brother each receive over Rs 24 crore annually. Nikhil is the son of Mukesh Ambani’s first mentor, Rasikbhai Meswani.

Rasikbhai Meswani’s Role in Mukesh Ambani’s Early Career

When Mukesh Ambani first entered the business world, it was Rasikbhai Meswani who mentored him. Rasikbhai was a nephew of Dhirubhai Ambani, one of the original directors of Reliance, and managed the growing polyester segment at that time. He was appointed by Dhirubhai Ambani as Mukesh’s first supervisor, guiding him through his early career.

Nikhil Meswani’s Journey In Reliance Industries

Nikhil Meswani joined Reliance Industries in 1986. Since July 1, 1988, he has been serving as a Whole-time Director, holding the position of Executive Director on the company’s board. Much like Mukesh Ambani, Nikhil started as a project officer before rising through the ranks. His primary focus is on the petrochemicals division, where he has been instrumental in establishing Reliance as a global leader in the industry.