New Delhi, May 28 -- Billionaire industrialist and Reliance Industries chairman Mukesh Ambani continued to draw no salary from the conglomerate during FY26, extending his voluntary decision for the sixth consecutive year. Despite heading one of India's largest corporate groups spanning oil, telecom and retail businesses, Ambani has relied largely on dividend earnings rather than executive compensation.

Ambani, Asia's second-richest individual, had previously capped his annual remuneration at Rs.15 crore from FY09 through FY20. However, beginning FY21, he chose to waive his salary in response to the economic disruption caused by the COVID-19 pandemic. According to Reliance Industries' latest annual report, he again received no salary, all...