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Business Standard

Gautam Adani draws ₹10.41 crore salary in FY25: Who earned more than him?

Billionaire industrialist Gautam Adani earned ₹10.41 crore in the financial year 2024–25, marking a 12 per cent increase from the previous year, as per the latest annual reports of the listed entities of the Adani Group. Despite the increase, the Adani Group chairman's salary remains lower than several of his industry peers and some top executives within his own companies. Gautam Adani, 62, drew remuneration from two out of the nine listed companies in his ports-to-energy conglomerate. This included ₹2.26 crore in salary and ₹28 lakh in perquisites and allowances from Adani Enterprises Ltd (AEL), and ₹7.87 crore from Adani Ports and Special Economic Zone (APSEZ), comprising ₹1.8 crore in salary and ₹6.07 crore in commission. Group executives earn more than Adani Adani's own group executives surpassed him in annual compensation. AEL CEO Vinay Prakash earned ₹69.34 crore in FY25, including ₹4 crore in salary and ₹65.34 crore in perquisites and variable incentives. Adani Green Energy Ltd (AGEL) Managing Director Vneet S Jaain earned ₹11.23 crore, while Group CFO Jugeshinder Singh drew ₹10.4 crore. Several members of the Adani family also feature among the highest earners in the group. Gautam Adani's younger brother Rajesh earned ₹9.87 crore from AEL, nephew Pranav drew ₹7.45 crore, and another nephew Sagar took home ₹7.50 crore from AGEL. Net worth and past fluctuations According to the Bloomberg Billionaire Index, Gautam Adani has a net worth of $82.5 billion. He briefly became Asia's richest person in 2022, but the group's market value dropped sharply following a report by US short-seller Hindenburg Research in 2023.