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India's 10 best paid CEOs!

September 16, 2008

Mukesh Ambani

Age: 50 years

Remuneration for 2008: Rs 44.02 crore (Rs 440.2 million)

Worth: $43 billion

Designation: Chairman and managing director

Group: Reliance

Other companies: Reliance Industries Ltd, Reliance Petroleum Ltd, Reliance Retail Ltd, Reliance Industrial Infrastructure Ltd, Reliance Europe Ltd, Reliance Jamnagar Infrastructure Ltd, Reliance Ventures Ltd, Reliance Global Management Services Private Ltd, Reliance Fresh Ltd (for a complete list, click here.)

Background: A chemical engineer from Stanford University, he earned his MBA degree from Stanford University. He joined Reliance in 1981. Among his many achievements include the company's backward integration into petrochemicals, petroleum refining and oil and gas exploration and production. One of his biggest achievements is the setting up of the world's largest grassroots petroleum refinery in Jamnagar.

Shyer than younger brother Anil, Mukesh limits his presence in the media. Incidentally, his only daughter, Isha, who is just a teenager, has been listed by Forbes as the second richest heiress in the world.

The Reliance Group's annual revenues are in excess of $34 billion. RIL is a Fortune 500 listed company.

Image: Reliance Industries chairman and managing director Mukesh Ambani. | Photograph: STR/AFP/Getty Images

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