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The highest paid CEOs in India

February 17, 2009

Anil D Ambani

Rank: No 4

Company: Reliance Communications

Designation: Chairman

Compensation: Rs 30.03 crore (Rs 300.3 million)

Reliance Communications market cap: Rs 35,449.20 crore (Rs 354.49 billion)

About: After separating from his brother Mukesh, Anil Ambani launched the Reliance Anil Dhirubhai Ambani Group. He is the chairman of all listed companies of the Reliance ADA Group, namely Reliance Communications, Reliance Capital, Reliance Energy and Reliance Natural Resources. Under his leadership, these companies have raised nearly $ 3 billion from global financial markets in a period of less than 15 months.

Reliance ADAG is among India's top three private sector business houses. Ambani's personal stake in Reliance Communications is 66 per cent.

He continues to be the sixth richest man in the world, though his financial value has taken a huge beating in the recent economic meltdown. Ambani lost $30 billion in the past nine months, more than anyone in the world. Reliance Communications, his biggest holding, is down 78 per cent since the beginning of 2008, says Forbes.

Image: Anil D Ambani | Photograph: Punit Paranjpe/Reuters

Also read: India, second fastest growing economy

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