Before Nita Ambani became synonymous with Mukesh Ambani, India’s wealthiest individual with a net worth of $116.1 billion, she had already begun her journey as a notable figure in her own right. Nita, recognized for her contributions as the Chairperson of Reliance Foundation, owner of the IPL franchise Mumbai Indians, and founder of the Nita Mukesh Ambani Cultural Centre (NMACC) in Mumbai, had a humble start. Originating from a middle-class Gujarati family in Mumbai, Nita ventured into the realm of education before her marriage to Mukesh Ambani in the 1980s.
What was Nita Ambani’s salary before her marriage to Mukesh Ambani?
Before tying the knot with Mukesh Ambani, Nita Ambani embarked on her career as a schoolteacher at Sunflower Nursery. Reflecting on her beginnings during an appearance on Rendezvous with Simi Garewal, Nita reminisced about her initial role in teaching, revealing that she earned Rs 800 per month. Mukesh jokingly interjected, remarking, “And all that salary was mine. It paid for all our dinners,” as both shared a laugh. Despite facing some ridicule at the time, Nita found immense satisfaction in her teaching profession.
Following a courtship of merely three weeks, Mukesh Ambani and Nita Ambani exchanged vows in 1985, as reported by Money Control. Even after marrying into the Ambani family, Nita continued her career as a teacher for several years, a condition she had set before marrying the Chairman of Reliance. Notably, Nita Ambani 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, appointed to Reliance’s Board of Directors (BoD) in 2014, relinquished her directorial role following the induction of her children— Isha Ambani, Akash Ambani, and Anant Ambani— to the company board in August 2023.
According to Reliance Industries’ Annual Report 2022-2023, Nita Ambani received a sitting fee of Rs 6 lakh and a profit-based commission of Rs 2 crore. While Mukesh and Nita Ambani’s children will not be drawing salaries as directors, they will enjoy similar perks as their mother did, as per PTI. Nita Ambani will maintain her presence in Reliance’s board meetings as a permanent invitee, a distinction not granted even to Mukesh Ambani or other board members.
