Gautam Adani's pay lags behind his own executives in FY24. Here's what salary the billionaire got
₹9.26 crore in 2024, lower than his key executives and other industry peers. An annual report of the Adani Group's 10 listed entities showed that the industrialist drew a salary from only two of his 10 companies in the ports-to-energy conglomerate.For the 2023-24 period, his compensation from Adani Enterprises Ltd (AEL), the group's flagship company, comprised a salary of ₹2.19 crore and perquisites, allowances, and other benefits amounting to ₹27 lakh.
This brought his total remuneration to ₹2.46 crore, reflecting a 3% increase from the previous financial year. In addition, he drew ₹6.8 crore from Adani Ports and SEZ Ltd (APSEZ), as per AEL's 2023-24 annual report.Adani's younger brother, Rajesh, received ₹8.37 crore, which included a ₹4.71 crore profit commission from AEL.
His nephew, Pranav Adani, earned ₹6.46 crore, including a ₹4.5 crore commission, PTI reported.Gautam Adani did not receive any commission from AEL but was awarded ₹5 crore from APSEZ. His remuneration from APSEZ comprised a ₹1.8 crore salary and a ₹5 crore commission, which will be payable in the 2024-25 fiscal year, as stated in the company's annual report.His son, Karan, earned ₹3.9 crore from APSEZ.
Gautam Adani's brother, nephew, and son did not receive salaries from multiple companies. Vinay Prakash, a key executive and director on the AEL board, received total compensation of ₹89.37 crore.
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