You won¡¯t believe how much Mukesh Ambani¡¯s driver earns, it's more than a top executive
Mukesh Ambani is a prominent name in the business world, known for his exceptional leadership and vision. As the chairman and managing director of Reliance Industries Limited (RIL), he has transformed the company into a global powerhouse. Reliance Industries, with its diverse interests in energy, petrochemicals, textiles, retail, and telecommunications, stands as a testament to its remarkable business acumen. According to Forbes, as of today, July 17, 2024, Mukesh Ambani holds the title of the richest person in Asia and the 11th richest in the world, boasting a staggering net worth of $122 billion (approximately Rs 1,00,26,28,64,400).
The Legacy of Reliance Industries
Founded by Mukesh Ambani's late father, Dhirubhai Ambani, in 1966, Reliance started as a small textile manufacturer. After Dhirubhai's passing in 2002, Mukesh and his younger brother Anil divided the family business, each taking on different sectors and responsibilities.
In August 2022, Mukesh Ambani, Chairman and Managing Director of Reliance Group, made a significant decision due to the economic impact of the Covid pandemic. He chose to forgo his entire salary, showing his commitment to supporting the business and economy. For that year, Ambani did not receive any compensation from Reliance, including benefits, commissions, or stock options.
Ambani's Modest Pay Scale
Before this, Mukesh Ambani had already set a personal example by capping his salary at Rs 15 crore for 11 consecutive years. Since the fiscal year 2008-2009, he maintained his salary, perks, allowances, and commission at this level, sacrificing over Rs 24 crore annually. This act of moderation in executive pay scales highlights his unique approach to leadership.
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The Generous Pay of Mukesh Ambani's Driver
While Mukesh Ambani may forgo his own earnings, he ensures his employees are well compensated. In 2017, a video on social media revealed that Mukesh Ambani's personal driver earned a jaw-dropping Rs 2 lakh per month, translating to an annual salary of at least Rs 24 lakh. This figure left many wondering about the driver's salary in 2023.
Rigorous Training for Ambani's Drivers
Being a driver for the Ambani family is not an easy job. These drivers are hired through private contracting firms and undergo rigorous training. They are experts in handling both commercial and luxury vehicles and are well-prepared to navigate challenging roads and unexpected situations. Additionally, Ambani's vehicles are bulletproof, ensuring the highest level of safety and security for the passengers.
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The Ambani Family's Commitment to Employee Welfare
Although there is no official information about the specific agency that provides drivers for the Ambani family, it is clear that they spare no expense when it comes to their staff. Mukesh Ambani ensures that all employees, from cooks and guards to housekeeping staff, receive generous allowances and insurance benefits. The Ambani empire is known for treating its employees exceptionally well, akin to royalty.
Mukesh Ambani's Net Worth and His Drivers' Salaries
Mukesh Ambani's net worth is often a topic of discussion, but his attention to his employees' welfare is equally noteworthy. The salary of Mukesh Ambani's driver, which surpasses that of many top company executives, reflects the billionaire's commitment to providing financial stability and security to those who work for him.
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The Grand Ambani Wedding
Recently, the spotlight has been on the Ambani family for reasons beyond business. The wedding of Anant Ambani and Radhika Merchant which cost Rs 5,000 crore, reportedly, has captured the attention of people around the world. The celebrations, which began with pre-wedding festivities in Jamnagar, have continued with the wedding and Mangal Utsav, making it a highly talked-about event in town.
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