List of TOP 10 HIGHEST PAID CEOs IN INDIA 2022:
India is famous for its culture, architecture, heritage, food, festivals and also for its hard working and determined people. Indian people have proved themselves in every field of expertise. People in this country have the courage to risk all they have to get what they have always dreamt for. They see the dreams with their eyes open and work their lives out to get to their goals. Here’s a list of a few of such amazing hard workers who have paved their way to through all the difficulties and achieved their best goals.
Some of the Highest Paid CEOs in India are Mukesh Ambani, Shiv Nadar, and Lakshmi Mittal. They are all from different business sectors but have one thing in common- they lead companies that are doing extremely well in India. All three of these men have a combined net worth of over $100 billion and continue to grow their businesses at an alarming rate. What’s even more impressive is that they are all self-made men who started with nothing and have built their companies from the ground up.
While they may be the Highest Paid CEOs in India, they are also some of the most generous. All three men have donated large sums of money to charity and have set up foundations to help those less fortunate. They have also been vocal about giving back to the communities that have helped them become successful. In addition to their monetary contributions, they have also given their time and expertise to help others achieve their goals.
The Highest Paid CEOs in India are an inspiration to us all and proof that hard work and dedication can pay off. They are living proof that anything is possible if you set your mind to it. We can all learn a lot from their success stories and should strive to emulate their success in our own lives.
India is home to some of the world’s richest CEOs. In fact, Indian CEOs are among the highest paid in the world. So, who are the richest CEO in India?
Let’s have a look at the top 10 highest paid CEOs of India:
Gopal Vittal is the CEO of the third largest telecom service provider in India and that is Bharti Airtel. After graduating through one of the most prestigious institution IIM Calcutta, he worked with HUL. And then he joined Bharti Airtel. He earns about INR 169 crores every year.
Optimism is returning to corporate India. With the economy beginning to rebound, many companies are starting to invest again and hire new employees. This has led to an increase in salaries for top executives, with some CEOs now earning hundreds of millions of rupees per year. Gopal Vittal is one of those executives who has seen his pay packet grow significantly in recent years.
As the CEO of Bharti Airtel, he is now one of the highest-paid CEOs in India. In 2017, he earned over Rs. 500 crore (US$75 million), making him one of the richest executives in the country. This level of pay is often criticized, but it seems that, for now at least, it is here to stay. For better or worse, Gopal Vittal is part of a new breed of highly paid CEOs in India.
2. C P Gurnani
C P Gurnani is one of the highest paid CEOs in India. He completed his graduation from National Institute of Technology, Rourkela. He has received a lot many awards like IT Person of the year, 2013 and Best CEO of the Year by Forbes India, 2015. It is his dedication, hard work and his brain that earns him almost INR 165.6 crores annually.
He is the managing director and CEO of Mahindra Group, a leading business conglomerate with interests in a wide range of sectors including automotive, information technology, real estate, and more. Gurnani has been with the Mahindra Group for over 25 years and has played a key role in its growth and expansion.
Under his leadership, the company has posted consistent growth and profitability, and is today one of the most respected business groups in India. In addition to his role at Mahindra, Gurnani is also a member of the Board of Directors of several listed companies, including Axis Bank and ICICI Bank. He is a recipient of numerous awards and recognition, including the ET Now Leaders Award for ‘Best CEO – IT Services’ in 2013. C P Gurnani is clearly one of the most successful and respected business leaders in India today.
3. Kalanithi Maran
Founder of the Sun Group, Kalanithi Maran owns a lot of TV channels, radio channels, DTH services, newspapers and as well as a movie production house. When talking about the highest paid CEOs of India, missing his name would be so inappropriate. He started with a monthly magazine and now he’s called The Television King of Southern India. He earns almost INR 87.5 crores annually.
Kalanithi Maran is one of the highest paid CEOs in India. He is the chairman and managing director of Sun Group, which is one of the largest media conglomerates in the country. Maran has an estimated net worth of $5.5 billion, and he ranks among the richest people in India. In addition to his media empire, Maran also has interests in aviation, real estate, and education.
He is a member of the board of directors of several companies, including SpiceJet and Aircel. Maran is also a philanthropist, and he has donated large sums of money to various charities. Maran was born into a family of Tamil Nadu politicians. His father, Murasoli Maran, was a Member of Parliament and a close associate of former Tamil Nadu Chief Minister M. G. Ramachandran. Maran’s uncle, Muthuvel Karunanidhi, was also a political leader and served as the Chief Minister of Tamil Nadu on five occasions.
Maran began his career working for his family’s newspaper business before starting his own television channel, Sun TV, in 1993. Under Maran’s leadership, Sun Group has grown to become one of the most influential media companies in India. The group’s flagship channel, Sun TV, is watched by over 95 million people every day. Sun Group also owns over 33 radio stations and 48 FM channels across the country.
In addition to his media businesses, Maran has also built up a considerable fortune through his investments in other sectors. He is the owner of SpiceJet, a low-cost airline founded in 2005, and he also has stakes in Aircel, a leading telecom operator Highest Paying Ceos In India”. Forbes . Retrieved 6 October 2017..Maran has been married to Kaveri since 1991 and the couple have two children.
4. Pawan Munjal
Pawan Munjal is the Chairman, Managing Director, and Chief Executive Officer (CEO) of Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters. He is also the chairman of the Confederation of Indian Industry (CII) and a member of the Prime Minister’s Council on Trade and Industry. In 2016, he has ranked as the highest-paid CEO in India with a total pay package of Rs. 59.6 crores.
Munjal began his career with Hero Cycles in 1976 as an executive trainee. He was later promoted to General Manager, and then to Managing Director in 1991. In 2006, he was appointed as the Chairman and CEO of Hero Honda Motors Ltd., following the separation of Hero Honda from its joint venture partner Honda Motor Company. Under Munjal’s leadership, Hero MotoCorp has become the market leader in the Indian two-wheeler industry, with a market share of over 50%.
The company has also expanded its global footprint, selling products in over 60 countries across Asia, Africa, Latin America, and the Middle East. In recognition of his outstanding contribution to the Indian automotive industry, Munjal has been bestowed with several awards, including the ‘Global Leader in Automotive award by Forbes magazine and the ‘Automotive Man of the Year award by CNBC-TV18.
The CEO of Hero MotorCorp takes a salary of almost INR 60 crores annually. By profession, he is a mechanical engineer and has done his engineering at NIT, Haryana. He’s shown his hard work, dedication, and loyalty to the company. He joined it in the 1980s and has been working for it ever since.
5. N Chandrasekaran
N Chandrasekaran became the CEO of Tata Consultancy Services in 2009. He was born in Mohanur, Tamil Nadu. He has studied at Coimbatore Institute of Technology in Tamil Nadu and the National Institute of Technology, Tiruchirappalli He is a member of IEEE, Computer Society of India, and British Computer Society. He receives an average pay package of INR 65 crores.
Natarajan Chandrasekaran is an Indian business executive. He is the chairman and managing director of Tata Sons, and the chairman of Tata Consultancy Services (TCS). Chandrasekaran has been credited with turning around the fortunes of TCS, and he is widely regarded as one of the most successful CEOs in India. In 2017, he was named the Highest Paid CEO in India by Forbes magazine. Chandrasekaran was born in 1963 in Tamil Nadu, India.
He graduated from the Regional Engineering College, Tiruchirappalli with a degree in Computer Science and Engineering. He joined TCS in 1987 and rose through the ranks to become CEO in 2009. Under his leadership, TCS has become one of the leading IT services companies in the world. In addition to his role at TCS, Chandrasekaran also serves on the board of several other Tata Group companies, including Tata Motors and Tata Power. He is married to Lalita and has two sons.
6. Salil Parekh
Salil Parekh is the Highest Paid CEO in India. He is the Managing Director and Chief Executive Officer of Infosys. Parekh joined Infosys in January 2018. Prior to that, he was a member of the board of directors of Capgemini from 2015 to 2017. Parekh has also worked at McKinsey & Company, where he served as a partner from 2001 to 2006. He holds a bachelor’s degree in Aeronautical Engineering from the Indian Institute of Technology, Bombay, and a master’s degree in Computer Science from Cornell University.
Graduating from IIT Bombay and having done his master’s from Cornell University, this man took over as the CEO of Infosys in the year 2018. Salil Parekh’s excellency, determination, and patience earn him about INR 35 crores per annum.
He has also worked for Capgemini and Airbus. Parekh is known for his strategic thinking and execution focus, which have helped him turn around struggling businesses. In 2017, he was named the Highest Paid CEO in India by Business Today magazine. He has also been a member of the World Economic Forum’s Young Global Leaders community since 2009.
7. Rahul Bajaj
Rahul Bajaj is one of the highest-paid CEOs in India. His annual salary is Rs. 3 crores, and his total compensation is Rs. 6 crore. This includes bonuses, stock options, and other benefits. In addition to his CEO position, he is also the chairman of the board of directors for Bajaj Auto. The group’s flagship company, Bajaj Auto, is the world’s fourth-largest two-wheeler manufacturer and the ninth-largest commercial vehicle manufacturer.
The group has a wide range of businesses, including two-wheelers, three-wheelers, auto components, insurance, and steel. He has been with the company for over 40 years, and he has been instrumental in its growth and success. Thanks to his leadership, Bajaj Auto is now one of the largest and most successful automobile companies in India. It is clear that Rahul Bajaj is a very talented and successful businessman, and he deserves a high salary.
The CEO of the Bajaj Group is a philanthropist as well. He was born in the year 1938 and has been awarded the prestigious Padma Bhushan in 2001. He has studied at Harvard Business School and St Stephen’s College, Delhi. He gets about INR 32 crores annually for his astounding hard work.
Among the Top CEOs in India, Rahul Bajaj is also one of the country’s most respected business leaders. He has been awarded the Padma Bhushan, one of India’s highest civilian honors, and was named “The Best CEO” by Business Today magazine in 2010. Under his leadership, the Bajaj Group has become a model of success for other Indian businesses to emulate. Thanks to Rahul Bajaj’s vision and strategic thinking, the Bajaj Group is well-positioned to continue its success in the years to come.
8. S N Subrahmanyan
He is the CEO and managing director of Larsen & Toubro. He has been with the company for over 34 years. S N Subrahmanyan was born in 1960. He is an extremely persistent and laborious human being. He took over the crown on July 1, 2017. He was born in Chennai and studied at NIT, Kurukshetra, and then Symbiosis Institute of Management, Pune.
Mr. Subrahmanyan earns about INR 31 crores per year. Larsen & Toubro is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India. The company has business interests in engineering, construction, manufacturing goods, information technology, and financial services, and has operations in more than 30 countries.
Subrahmanyan was born in Tamil Nadu and received his degree in civil engineering from Regional Engineering College, Tiruchirappalli. He joined Larsen & Toubro in 1984 as a project trainee engineer. He has held various positions within the company, including heading the power transmission and distribution business and the water business. In October 2016, he was elected as the president of the Confederation of Indian Industry (CII).
He is also a member of the National Competitiveness Council of India and the National Council on skill Development. Subrahmanyan was named “Global Leader for Tomorrow” by World Economic Forum in Davos, Switzerland in 2003 and “Global Indians” by Newsweek magazine in 2006. In 2015 he was conferred with the “Most Admired CEO” Award by Business World magazine. S&P Global Platts awarded him as the “CEO of the Year” (India) in the Metallurgical industries category in 2017 and 2018 consecutively.
Bloomberg Markets’ “50 Most Influential” list ranked him at #21 position globally and #1 position in India for 2018 Subrahmanyan serves on the boards of several Indian companies including HDFC Bank Ltd., MindTree Ltd., and D assault Systemes SE among others. As of April 2019, his total compensation was Rs 59 crore ($8 million) which made him Highest Paid CEO in India.
9. Guenter Butschek
Guenter Butschek is one of the Highest Paid CEOs in India and has been so for the last 3 years. He is currently the CEO of Tata Motors and has been credited with turning the company around. Under his leadership, Tata Motors has posted record profits and seen its stock price more than double. Butschek has also been a vocal proponent of electric vehicles and has said that Tata Motors will have an all-electric lineup by 2030.
In addition to his work at Tata Motors, Butschek also serves on the boards of several other companies, including Airbus and Mahindra & Mahindra. He is widely respected in the business world, and his experience and expertise have made him one of the Highest Paid CEOs in India. He is the CEO of Tata Motors Worldwide. Guenter Karl Butschek was born in 1960. He took the charge in 2016, February 25th. This man takes about INR 29 crores home annually.
10. Satya Nadella
He is the current chief executive officer (CEO) of Microsoft. He was appointed as CEO on 4 February 2014, succeeding Steve Ballmer. Before becoming CEO, he was Executive Vice President of Microsoft’s Cloud and Enterprise Group, responsible for building and running the company’s computing platforms, developer tools, and cloud computing services. Nadella has been credited for helping bring Microsoft’s core business back to profitability after years of losses under Ballmer.
During his tenure as CEO, Microsoft has regained its position as the most valuable company in the world. In 2016, he was ranked #1 on Glassdoor’s list of the Highest Paid CEOs in India. Nadella has also been awarded the Padma Bhushan, one of India’s highest civilian honors, by the Government of India for his contributions to information technology.
Taking over the reins from Steve Ballmer, he became the CEO of Microsoft in the year 2014. He was born in Telangana in 1967. He studied at the Manipal Institute of Technology in Karnataka and in the University of Wisconsin–Milwaukee. He, then, received the degree of MBA from the University of Chicago Booth School of Business. He gets a remuneration of around INR 26 crores for his exploratory approach to the company.
Also Read: Top 10 Business Tycoons in India
These CEOs have a combined net worth of over Rs. 5 lakh crore! That’s some serious moolah. So, what makes these CEOs so rich? Well, for starters, they head some of the biggest and most successful companies in India. They are also responsible for spearheading the growth of these companies and taking them to new heights.
Apart from their salaries, these CEOs also enjoy hefty bonuses and perks. For instance, Mukesh Ambani takes home a whopping Rs. 44 crore as salary every year. On top of that, he also gets Rs. 2 crore as bonus and Rs. 1 crore as an allowance.
Similarly, Azim Premji of Wipro Limited takes home a salary of Rs. 2 crores per annum along with Rs. 60 lahks as a bonus and allowances of Rs. 5 lahks.
So, there you have it – the Highest Paid CEOs in India. These are the men who are raking it in big time! If you aspire to be like them someday, start working hard and aim high! Who knows, you too could be on this list someday.
These are a few people who have inspired a whole lot of people. They are the real life heroes motivating us to do the best of us. People get the courage to take the risk and move forward to achieve the greatest heights from people like these. So, this was it about the top 10 highest paid CEOs of India.
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