Nita Ambani might be married to Mukesh Ambani — India’s richest man with a staggering net worth of $116.1 billion (approximately Rs 9.6 lakh crore) — but she’s also an established businesswoman and philanthropist in her own right. From being the Chairperson of Reliance Foundation to owning the IPL team Mumbai Indians and launching the Nita Mukesh Ambani Cultural Centre (NMACC) in Mumbai, Nita Ambani has achieved many professional milestones over the years. However, before becoming an Ambani family member, Nita hailed from a middle-class Gujarati family in Mumbai, and was a humble school teacher…
What was Nita Ambani’s salary before marrying Mukesh Ambani?
Nita Ambani’s first salary before marrying Mukesh Ambani was Rs 800 as a school teacher at Sunflower Nursery. During the Ambanis’ appearance on Rendezvous with Simi Garewal, Nita recounted her first job in the teaching profession: “(She was a school teacher) at Sunflower Nursery, and I was paid Rs 800 per month.” To which, Mukesh quipped, “And all that salary was mine. (both laugh) It paid for all our dinners.” Nita also noted how people used to laugh at her about this at the time, however, teaching gave her a lot of satisfaction.
Mukesh Ambani and Nita Ambani, after a courtship of three weeks, got married in 1985, according to Money Control. After her marriage to Mukesh Ambani too, Nita Ambani worked as a teacher for several years, which was a condition placed by her before she married the Reliance Chairman. For the unversed, the entrepreneur holds a Bachelor’s Degree in Commerce from Narsee Monjee College of Commerce and Economics.
How much did Nita Ambani earn as a member of Reliance’s Board of Directors?
Nita Ambani, who was appointed to Reliance’s Board of Directors (BoD) in 2014, stepped down as a director following her and Mukesh Ambani’s children Isha Ambani, Akash Ambani and Anant Ambani’s induction to the company board in August 2023.
According to Reliance Industries’ Annual Report 2022-2023, Nita Ambani earned a sitting fee of Rs 6 lakh and a profit-based commission of Rs 2 crore. Mukesh and Nita Ambani’s children will not be receiving a salary as directors, however, they will be enjoying the same perks as their mother used to, according to PTI. Nita Ambani will continue to attend Reliance’s board meetings as a permanent invitee, a status not enjoyed by even Mukesh Ambani or anyone else on the BoD.
