India is a great country, be it amazing places, festivals, or meals, it lives with a glorious history of struggle, culture, heritage as well as many awesomely successful entrepreneurs. Top 10 Highest Paid CEO in India who lead a lifestyle to make themselves and their company as a brand.
Here, this article in Business Connect Magazine is pointing to the doors of Top 10 CEOs worth opportunistic, and fabulously rich in India who paves the way of life in creating a brand for themselves and their company.
India is where the richest person in Asia lives. The world’s largest democratic country sums up their honor, successful, intellectual, intelligent, and enthusiastically victorious. A person’s money value is strictly taken as a measure of one’s victories in life.
Information about the top 10 highest paid CEO’s of India in 2022
We are all thrilled with the net worth of leading brands in the country. net worth. Much affects the remuneration of the CEO of the company.
While we may be the richest industrialist in India, today we bring you a list of the highest-paid CEOs in the country and know about top billionaires in the world.
10. Guenter Butschek (CEO of Tata Motors)
Age – 60 Years
Earning – $225.5 Million
Education – Baden-Württemberg Cooperative State University
A place where success comes from delegating, taking risks, and handling an extremely diverse workforce, one always earns accolades for their amazing efforts. Mr. Guenter Butschek Person who works hard for the most reputed company in the country gets a remuneration of around INR 22 Crores for the developmental approach for the company. Guenter Butschek is ranked 10th in the list of top 10 CEOs in India and is the top 10 highest-paid CEO in India.
Guenter Betschek is the CEO and Managing Director of Tata Motors. As per reports, he took home a package of ₹26.29 crores for the year 2019 Betschek was appointed as the COO of Airbus for 4 years before being appointed as the Chief Executive Officer of Tata Motors.
Apparently, he made over ₹ 19,27,78,000 in 2020 as Director, Chief Executive Officer, and Managing Director in Tata Motors.
9. Yogesh Chander Deveshwar ( CEO of The Indian Tobacco Company, ITC )
Age – 72 Years
Earnings – $2.4 billion
Education – University of Cooperative Education
The value of an idea lies in its correct use. “You won’t know your limits until you push yourself to them.” A philosopher has rightly said. Indian Tobacco Company (ITC) is a fast-growing consumer goods industry known for its distinctive style and quality assurance.
Mr. Yogesh Chandra Deveshwar is also featured as the 7th most performing CEO in the world, India’s longest-serving CEO with a salary of INR 1 Crore per month. Yogesh Chandra Deveshwar is ranked 9th in the list of Top 10 CEOs in India and Top 10 Highest Paid CEOs in India.
The biggest challenge for Deveshwar, however, is to restore the reputation of the storied Virginia House, the company headquarters of ITC, torn by an investigation by enforcement officers under the Foreign Exchange Regulation Act, against 14 members of the then-current and past management. Including two presidents.
As Deveshwar recently told shareholders, the challenge was to first stabilize the ship and articulate a “superordinate” vision for the company. And this he went on to do very effectively.
The goalposts have, therefore, been moved by Deveshwar for his successor Sanjiv Puri. The aim now is to make ITC a multinational corporation.
As Deveshwar said at the last AGM as CEO, “If we can build Indian companies to be globally competitive, nothing like it. Indian companies can become multinational companies (MNCs). That is our aspiration, making ITC one such MNC.” While Puri will be the person to make it happen, Deveshwar, ITC’s longest-serving chairman, will continue to be the guiding force.
8. Satya Nadella ( CEO of Microsoft )
- Age – 53 Years
- Earning – $250 Million
- Education – University of Chicago (MBA)
Satya Narayan Nadella is an Indian-American business executive. He is the executive chairman and CEO of Microsoft, succeeding Steve Ballmer as CEO in 2014 and John W. Thompson as chairman in 2021. Prior to becoming CEO, he was executive vice president of Microsoft’s Cloud and Enterprise group, responsible for building and running the company’s computing platform.
Microsoft is a company that every single child has heard of, be it mobile phones, computer software, IT solutions, or many more. The firm has its own distinctive features and functions. Microsoft India is a great outlook, for which we have skyrocketed with earnings of $25.84 million in the comments.
Satya Nadella is 8th on the list of Top 10 CEOs in India 2021 and Top 10 highest-paid CEOs in India 2021.
The Board views his strong leadership of the Company’s actions in response to the unique challenges of 2020 as unparalleled, the filing said, adding that “Mr. Nadella led Microsoft’s transformation in response to COVID-19, including devoting technology and resources to ensure customers, such as government agencies, schools, medical facilities, and other front-line responders, had the virtual collaboration and other digital tools to successfully navigate the unprecedented challenges of 2020.
The board also called out Nadella’s tremendous progress driving cultural change across the organization, citing survey data that shows 95% of employees feeling proud to work at Microsoft.
7. Salil Parekh ( CEO of Infosys )
- Age – 56 Years
- Earning – $496 Million
- Education – Master of Engineering degree in Computer Science and Mechanical Engineering from Cornell University.
Patience, perseverance, and determination make an unbeatable package of victory. Mr. Salil Parekh is one of the successful leaders who have taken the organization to the next level. The proud IT company is moving ahead with its amazing timing and idea of approx INR 49 Crore. Salil Parekh ranked 7th in the list of top 10 CEOs in India 2021 and top 10 highest-paid CEOs in India 2021.
According to Infosys’ annual report for 2020-21, while his basic salary was Rs 5.69 crore, the retirement benefit came in at Rs 38 lakh, resulting in a total salary of Rs 6.07 crore. His bonus incentive or variable pay stood at Rs 12.62 crore and ‘prerequisite on account of the exercise of stock options’ stood at Rs 30.99 crore.
However, the disparity between CEO salaries and employees’ average remuneration (MRE) widened over the course of the year, even as the growth rate of average pay decreased.
The MRE in Infosys stood at Rs 7,21,314 crore in 2020-21, which is 5.62 percent higher than the MRE of Rs 682,906 crore in 2019-20.
However, in 2019-20, the year-on-year growth in MRE was 10 percent, which indicates that the average wage growth rate fell in 2020-21.
6. Pawan Munjal ( CEO of Hero MotoCorp )
- Age – 61 Years
- Earning – $3.7 Billion
- Education – National Institute of Technology, Kurukshetra
Pawan Munjal, Chairman, MD & CEO, Hero Moto Corp, directed the show commendably and served the places of customer need first. “A lot of hard work and a little luck, I think, can create magic,” says Mr. Pawan Munjal. Leaving losses when they fail, but winners fail until they succeed. According to Forbes, Pawan Munjal is one of the highest-paid CEOs, who is worth $3.7 billion. Pawan Munjal ranks 6th in the list of top 10 CEOs in India 2021 and top 10 highest-paid CEOs in India 2021.
Dr. Pawan Munjal is one of India’s foremost corporate leaders, at the forefront of growth, socio-economic progress, and technological innovation. He is the Managing Chairman, Director, and CEO of Hero MotoCorp, the world’s largest two-wheeler manufacturer.
Under his leadership, Hero MotoCorp achieved the coveted title of the world’s No. 1 two-wheeler company in 2001 and has successfully maintained this position for 20 consecutive years till now. He has also inspired Hero MotoCorp to consolidate its leadership in the domestic market and expand its global footprint to over 40 countries across multiple continents. Dr. Munjal is a prominent member of several industry associations.
Munjal holds board seats in various Hero Group companies including Hero Future Energy, Hero Fincorp, Hero Honda Finlease, and Hero Investments.
5. Kalanithi Maran (CEO of Sun Group, Suryan Ltd.)
- Age – 56 Years
- Earning – $ 2.6 Billion
- Education – MBA from University of Scranton
If you want something that you didn’t have, you just have to do something you’ve never done before. According to Forbes the television king of South India is a young businessman who successfully marks his presence in the entrepreneurship world.
He is getting a youth remuneration of INR 77.9 crores for His Excellency and Commitment. Kalanidhi Maran ranked 5th in the list of top 10 CEOs in India and top 10 highest-paid CEOs in India 2021.
Surya Group is the largest media house in Tamil Nadu and one of the largest media groups in India. The group boasts of 33 TV channels, 67 FM radio stations, 3 dailies, and many other publications across one of the largest DTH service providers of South India.
The Sun Group also owns one of the cricket teams – Hyderabad – the Indian Premier League franchise cricket competition played once every year in the Indian summer months. The group is based in Chennai and is also doing a direct-to-home service – a distribution service called Sun Direct, which counts more than 16 million customers. Sun Pictures, the film division of Sun TV Network, is engaged in film production, distribution, and acquisition.
Announcing the decision of the stock exchanges, Sun TV said: “Kalanidhi Maran, Chairman and Kaveri Kalanidhi, Executive Director, have volunteered to reduce their remuneration (including salary and ex-gratia/bonus) for the current financial year 2019-20.
have expressed their intention to limit the amount (including salary/bonus) of remuneration earned by them in the financial year 2017-18 not exceeding two years ago and have retained the said amount for the previous financial year 2018-19 The remuneration committee and the board of directors have taken on the same record.” Kalanidhi Maran owns 75% of the company’s stake and had received a dividend of Rs 295.56 crore during FY18.
Kavya Kalanith Maran, daughter of Kalanidhi Maran, was inducted into the company’s board of directors in March this year. Sun TV Network is one of the largest television broadcasters in the country which operates satellite television channels in four languages of Tamil, Telugu, Kannada, and Malayalam, broadcasts FM radio stations across India, and Sunrisers Hyderabad of the Indian Premier League. Cricket is the owner of the franchise. (IPL).
4. SN Subrahmanyan (CEO of Larsen & Toubro)
- Age – 61 Years
- Earning – $484.5 Million
- Education – National Institute of Technology, Kurukshetra
Success is no secret, it is the result of hard work and preparation for risk management, L&T is a company with great professional and personal ethics to describe, and demonstrated growth, dedication and diligence. SN Subramaniam guides the company against payment (including stock option compensation) of more than Rs 31 crore. SN Subrahmanyam ranked 4th in the list of Top 10 CEOs in India and Top 10 Highest Paid CEOs in India 2021.
N Subrahmanyan has been revealing his powerful qualities ever since he joined Larsen & Toubro in 2017. Formed in British India in 1938 by two Danish engineers, the company is a Mumbai-based conglomerate that specializes in technology, engineering, construction, construction and financial services.
Subrahmanyan has shown through his efforts that success is a combination of preparation, hard work, and risk management. His annual income is Rs 31 crore.
If reports are to be believed, SN Subrahmanyan, who took over as the CEO and Managing Director of Larsen & Toubro, received a salary of around ₹48.45 crores in the year 2019. He took over the position of CEO of the company in 2017 and has completed almost 33 years with the company.
3. CP Gurnani (CEO of Tech Mahindra)
- Age – 62 Years
- Earning – $1.6 Billion
- Education – National Institute of Technology, Rourkela
Tech Mahindra CEO Chander Prakash Gurnani’s salary consists has a large component of stock options, which pegs his remuneration significantly higher than peers at TCS, Infosys, and Wipro
Suffering great pain for success. Wisdom, hard work, and dedication pave the way for getting such glory in his hands. CP Gurnani deposits around Rs 165.6 crore in his account every year in respect of his amazing work. CP Gurnani ranks third in the list of top 10 CEOs in India and top 10 highest-paid CEOs in India in 2021.
CP Gurnani, who is the CEO and Managing Director of Tech Mahindra, secures his place on the list of some of the highest-paid CEOs in India. As per the reports, he received a salary of ₹28.57 crores in the financial year 2020. As per reports, he received a salary of ₹146.19 crores in the financial year 2018.
Tech Mahindra Chief Executive Officer C.P. Gurnani earned ₹146.19 crores as remuneration in 2017-18, taking his total earnings to ₹510 crores in the last five years. The data has rekindled a debate among analysts and observers over the compensation of the CEO of India’s fifth-largest software services company and comparison with the average salary of its other employees.
Significantly, Gurnani’s earnings of ₹510 crores are nearly 24% higher than the combined earnings of ₹387.92 crores of nine CEOs of the four largest IT companies including Tata Consultancy Services Ltd (TCS), Infosys Ltd, Wipro Ltd, and HCL Technologies Ltd. Over the past five years, according to Mint analysis.
Tech Mahindra’s vice-chairman Vineet Nayyar, who retired this year, earned ₹363.13 crores during this period, taking the total payment of ₹873.16 crores by the company to its two senior-most executives over the past five years.
2. Gopal Vittal ( CEO of Bharti Airtel )
- Age – 54 Years
- Earning – US$ 3.5 Billion
- Education – Indian Institute of Management Calcutta (1990),
- Rishi Valley School, Madras Christian College
The country’s third-largest telecom service provider, Bharti Airtel is headed by an extraordinary figure, also known as mentor and philanthropist Mr. Gopal Vittal, who earns around Rs. 169.73 million earned. Gopal Vittal ranks second in the list of top 10 CEOs in India and top 10 highest-paid CEOs in India.
Gopal Vittal has also been with Hindustan Unilever, where he headed the US$3.5 billion home and personal care group. He worked with Unilever on a number of national and global projects through sales marketing and general management in a career spanning over twenty years. As MD, CEO and Executive Director of Bharti Airtel for India and South Asia, Mr. Vittal’s total compensation in Bharti Airtel is Rs 254,170,736.
Gopal Vittal, CEO, Bharti Airtel India has received a remuneration of INR 209.05 Million in FY 2018-19, as against INR 169.73 Million in FY 2017-18 and INR 124.02 Million in FY 2016-17.
The company’s CFO Nilanjan Roy, who left Airtel to join IT services company Infosys on February 28, 2019, has received a remuneration of INR 48.87 million.
During the financial year 2018-19, Pankaj Tiwari, company secretary of Airtel has received a remuneration of Rs 10.19 million.
Badal Bagri, who joined as Airtel CFO on March 01, 2019, has an annual remuneration of INR 27.78 Million.
1. Mukesh Ambani (CEO of Reliance Industries Limited)
- Age – 64 Years
- Earning – $88.7 Billion
- Education – Institute of Chemical Technology (ICT)
I don’t think there is once in life anyone who never heard of Reliance Industries Limited or the richest person in Asia Mr. Mukesh Dhirubhai Ambani. In the list of India’s highest-paid CEOs, Mr. Ambani has been placed in the list with 44.7% of the stake in the company’s worth with a salary of around Rs 15 crore per annum as the leader has been made to replace Reliance Industries Ltd on the red carpet glory.
Mukesh Ambani ranked 1 in the list of top 10 CEOs in India and is the top 10 highest-paid CEO in India.
Mukesh Ambani has been consistently listed as India’s richest person by Forbes magazine for more than a decade. Apart from this, he is the only businessman of India on the list of most powerful people in the world by Forbes.
In January 2018, he was ranked 18th on the list of the world’s richest people by Forbes. In 2018, he surpassed Jack Ma to become the richest person in Asia with a net worth of $44.3 billion.
Mukesh Ambani is the richest person in the world outside North America and Europe. In 2015, China’s Hurun Research Institute ranked Mukesh Ambani fifth among India’s philanthropists. He also became the first non-American to become a director of Bank of America. In 2012, Forbes listed him among the richest sports owners in the world.
On November 11, 2020, Mukesh Ambani stood third in the seventh edition of Edelgive Hurun India Philanthropy List 2020 with a donation of ₹458 crores.
What is the highest salary of a CEO in India?
Mukesh Dhirubhai Ambani. In the list of highest-paid CEOs of India, Mr. Ambani placed in the list holding 44.7% of stake in the company worth with almost salary of 15 crores per annum as the leader has created the space of Reliance Industries Ltd on the red-carpet glory.
Why are CEOs paid so much?
Typically, CEOs get a base salary, but most of their compensation comes from Performance-related bonuses and stock options set prices. that allow executives to buy company shares for a set price. And CEOs’ successful performance makes their company more valuable at the end of the day, according to some experts.
Who is the No 1 CEO in India?
Mukesh Ambani is ranked 1st in the list of top 10 CEO in India and top 10 highest paid CEO in India.
Who is the CEO of Airtel?
Sunil Bharti Mittal, Chairman, and Mr. Gopal Vittal, MD & CEO (India and South Asia) are two executive directors on the board is 50% of the total board strength.
How much a CEO earns in India?
How much does a CEO make in India? The average CEO salary in India is ₹31,188,997 as of March 18, 2021, but the range typically falls between ₹15,447,910 and ₹62,961,228.