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Top 10 Richest CEOs In India by Net Worth

Vipul Das

We all have ambitions but only a few individuals are brave enough to sacrifice their all to achieve those goals. Several instances of Indian business and technological icons have made the country proud worldwide. This article highlights the doors for the top 10 Indian CEOs who set the stage for life in making themselves and their businesses a label.

Mukesh Ambani

Top CEO of India Mr Ambani has 44.7% of the company's stake in the list with an annual salary of almost 15 crores as the founder of Reliance Industries Ltd. According to the survey, as of 31 March 2019, Ambani owned 72,31 lakh shares of the company in his personal capacity. RILNSE 0.91% shares on the Bombay Stock Exchange closed at Rs 1.249, down 1%. Ambani's holding alone is worth Rs 903 Crore at the current market price.
Personal Life Details:

  • Parents: Dhirubhai Ambani, Kokilaben Ambani
  • Sibling: Anil Ambani, Dhirubhai
  • Founded: Reliance Communications
  • Born: 19 April 1957, Aden
  • Member of Board of Governors Institute of Chemical Technology, Mumbai
  • Chairman, managing director, Chairman of Finance Committee and Member of Employees Stock Compensation Committee, Reliance Industries Limited
  • Former chairman of Indian Petrochemicals Corporation Limited
  • Former vice-chairman of Reliance Petroleum
  • Chairman of the board, Reliance Petroleum
  • Chairman and Chairman of Audit Committee, Reliance Retail Limited.
  • Chairman of Reliance Exploration and Production DMCC
  • Former Director, Member of Credit Committee and Member of Compensation & Benefits Committee, Bank of America Corporation
  • President of Pandit Deendayal Petroleum University, Gandhinagar, Gujarat

Gopal Vittal

Bharti Airtel, the nation's 3rd largest telecom service provider, is led by a remarkable individual also known as patron and philanthropist Mr Gopal Vittal earning about 169.73 million against annual remuneration published in the 2017-18 annual report. He is the CEO of Bharti Airtel (India) and South Asia, an Indian multinational telecommunications service company operating in 20 countries.

Gopal Vittal has also been with Hindustan Unilever, where he led the Home and Personal Care Group for US$ 3.5 billion. He served on several national and global projects through sales marketing and general management over twenty-year career with Unilever. As India & South Asia's MD, CEO and Bharti Airtel's Executive Director, Mr Vittal's total compensation at Bharti Airtel is Rs254,170,736.
Personal Life Details:

  • Managing Director & Chief Executive Officer of Airtel
  • Team Member of Hindustan Unilever
  • Location- Delhi, India
  • Industry- Telecom
  • Education- Has done MBA from Indian Institute of Management Kolkata
  • Board Member of Kimberly Clark Lever Pvt Ltd
  • Board Member of Gsma Ltd
  • Board Member of Indian Soap & Toiletry Makers Assn
  • Board Member of St Jude India Childcare Centres
  • Board Member of The Advertising Standards Council of India

CP Gurnani

C.P Gurnani is the CEO of Tech Mahindra, the global data innovation company. Gurnani earns a pay of more than Rs 165 crores annually, including benefits and bonuses. Chander Prakash Gurnani also earned many leading positions with HCL Hewlett Packard Limited, Perot Systems (India) Limited and HCL Corporation Ltd.

In 2018, the CEOWORLD magazine ranked Gurnani 488 among the "Best CEOs In The World. CP has also been designated as a non-executive, non-independent director to the board of Mahindra and Mahindra effective from 1 April 2020 until the next AGM of the firm. CP appointed as NASSCOM Chair for 2016-2017 as well. Veer Surendra Sai University of Technology has presented him with an honorary doctorate degree.
Personal Life Details:

  • Born: 19 December 1958
  • Education: Inductions

S N Subrahmanyam

S N Subrahmanyan is the Chief Executive Officer and Managing Director of Larsen & Toubro. S N Subrahmanyan is also Chairman of the LTI and L&T Technology Services Boards, Non-Executive Chairman of L&T Metro Rail (Hyderabad) Limited and Chairman of Mindtree, an Indian international IT and outsourcing company.

He earns a pay package of Rs 48.45 Cr for the fiscal year 2019-20. Mr Subrahmanyam is a Postgraduate in Economics and a Gold Medalist from Stella Maris College.
Personal Life:

  • Awarded as the CEO of the year 2019 by CNBC
  • Honoured with Emergent Award at the CEO Awards 2019 for exemplary leadership.
  • Mr Subrahmanyam ranked 13 in the Construction Week magazine Power 100 Ranking for 2019
  • Honoured with the IIM-JRD Tata Award by the Indian Institute of Metallurgy (IIM) in 2019 for his "service to the country through leadership in the industry, corporate governance and fulfilling societal liability.

Kalanithi Maran

Kalanithi Maran is the Chairman and Ceo of the Sun Group, an Indian media baron. He operates TV channels, newspapers weeklies, FM radio stations, DTH facilities, as well as a production house for films. Since 2010 to 2015, he also held a large stake in the Indian Airline Spice Jet.

As per a business report with the exchanges, the company's board of directors today accepted the naming of Kaviya Kalanithi Maran as the company's additional director and executive director. Besides Kalanithi Maran, as the Executive Director, his wife Kavery Kalanithi also serves on the board.
Personal Life Details:

  • Honoured as the Young Businessman awards from CNBC and Ernst & Young.
  • Mr Maran graduated in Commerce from Loyola College, Chennai.
  • Wealth Source- Media
  • Current Net Worth- .5 B
  • Ranked as 49th Richest Person in India 2019
  • Residence- Chennai
  • Education- Master of Business Administration, University of Scranton

Pawan Munjal

Pawan Munjal is the CEO, Managing Director and Chairman of Hero Motorcorp. Mr Munjal ranked in 32 position as the most richest Indian in 2019. Son of Santosh Munjal and Late Dr. Brijmohan Lall Munjal, Dr. Pawan Munjal is the founder of Hero Group, which is the largest two-wheel manufacturer in the world in terms of the number of units sold by a single company in a year.

He is also ranked in the 41th position of India's 50 most powerful people of 2019. Pawan has been a leading member of several industries including the Confederation of Indian Industry (CII), the apex industry body in India and the Society of Indian Automobile Manufacturers (SIAM).
Personal Life Details:

  • Honoured with Special Achievement Award' for Outstanding Contribution to Golf in Asia by the Asian Tour in April 2019.
  • Honoured with a nominal degree of Doctor of Science by Shri Mata Vaishno Devi University (SMVDU) in April 2018.
  • Wealth Source- Motorcycles
  • Current Net Worth- .3 B
  • Ranked as 34th Richest Person in India 2019
  • Residence- Delhi

Salil Parekh

Salil Parekh is the former Chairman and Managing director of Infosys. Parekh had previously been a member of the group management board at Capgemini since 2000. He is also managing a business cluster comprising Application Services (North America, UK, Asia), Cloud Infrastructure Services, and Sogeti (Technology & Engineering Services Division).

He has a master's degree in engineering from Cornell University in computer science and mechanical engineering and a degree in technology from the Indian Institute of Technology, Mumbai. Mr Parekh receives Rs 6.07 crore in fixed salary and ₹10.96 crore as a bonus. As a result of the exercise of 1,03,604 restricted stock units (RSUs) during fiscal 2019, he also earned Rs 7.64 crore in perquisites. He takes an annual package of Rs 24.67 Cr as the CEO of Infosys.
Personal Life Details

  • Born: 5 June 1964 (age 55 years)
  • Nationality: Indian
  • Education: Indian Institute of Technology Bombay

Satya Nadella

Satya Narayana Nadella is an American business executive from India. He is Microsoft's Chief Executive Officer, replacing Steve Ballmer in 2014. He was the executive vice president of Microsoft's cloud and enterprise group before becoming CEO. Nadella has also driven major projects at Microsoft that included transitioning the business to cloud computing and building one of the world's largest cloud infrastructures.

He was awarded as the Nadella received a total bonus of .9 million from the prior year's .8 million. Most of his compensation comes from stock bonuses with a base salary of more than .3 million.
Personal Life Details:

  • Born: 19 August 1967 (age 52)
  • Citizenship- United States
  • Education: Master of Science, University of Wisconsin
  • He is also the President of the Server & Tools Division
  • He is also the Senior Vice-President of Research and Development for the Online Services Division
  • He is also the Vice-President of the Business Division
  • He is also the Corporate Vice-President of Business Solutions and Search & Advertising Platform Group
  • He is also the Executive Vice-President of Cloud and Enterprise group

Yogesh Chander Deveshwar

Indian Tobacco Company (ITC,) administrator and CEO Yogesh Chander Deveshwar is India's most adept CEO. The salary was estimated to be 26 lakh (2.6 million) rupees a month in 2011. In 2013, Harvard Business Review and seventh in the world classified him as the best performing CEO in India.

In 2011, he had received the Padma Bhusan Award. His stewardship has led ITC to become India's leading FMCG marketer, the largest and greenest paperboards & packaging company in India and a world leader in agricultural empowerment through the wide-ranging Agri sector, the second largest Hotel Chain in the country. The Harvard business reviews have led him to rank himself as the seventh most successful CEO of the world.
Personal Life Details:

  • Born: 4 February 1947
  • Residence: Kolkata, India
  • Education: Indian Institute of Technology Delhi, Harvard Business School, Cornell University

Guenter Butschek

Guenter Karl Butschek is the former CEO and Managing Director of Tata Motors Worldwide. Butschek is also liable for all other domestic and overseas affiliates, joint ventures and Tata Motors associates besides managing Tata Motors ' India business. He is the highest paid CEO of Indian firms.Prior to this he had been Airbus ' COO for four years and had previously worked for 25 years at Daimler AG.

He has done an undergraduate degree in Duale Hochschule Baden-WÜrttemberg Heidenheim. Tata Motors said Butschek's salary included Rs 32,02,494 performance bonus and long term Rs 9.23 crore compensation package and Rs 32,02,494 pension benefits. Butschek's overall pay was at Rs 26.29 crore, a gain of 1.57 per cent compared to the previous year, according to the company's 2018-19 yearly report.
Personal Details:

  • Born- 21 October 1960
  • Education- University of Cooperative Education

About the Author:

Vipul Das has strong knowledge in Market, Business and Finance field. He has spent 1 year by writing Business and Finance related articles for goodreturns. You can connect with him via Facebook and Twitter

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