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One of the biggest and grandest Indian conglomerates is the Reliance Industries. One of the most successful domains of sectors is the petrochemical business sector. The man behind making it big and successful is Nikhil Meswani, who is a relative of Mukesh Ambani. It was in 1986 when Nikhil joined the company and was also appointed as the full-time director. It was in July 1988 when Nikhil became the executive director of the company.
Well, when one talks about Mukesh Ambani, one imagines his wealth, apart from his reportedly Rs. 15,000 crore plush apartment, Antilia, along with his private cars and jet collections. It is Nikhil who is working silently behind the curtains and is also helping Reliance grow rapidly. Here's more to know about Nikhil Rasiklal Meswani.
One of the top executives of Reliance Industries is Nikhil. However, he has more feathers on his cap as he is the son of Rasiklal Meswani, who was a founding director of Reliance Industries and also was the elder brother of Dhirubhai Ambani. Nikhil is the son of Rasiklal, who has been the founder director of Reliance- a multi-million dollar company. Nikhil's elder brother, Hital has also been an executive director of Reliance Industries.
Nikhil completed his education from Mumbai University and then went to the United States, where he got his degree in Chemical Engineering. Due to Nikhil's academic background, he had an edge over the others and used to share varied innovative ideas with his team. He completed his Master's in Chemical Engineering from the elite University of Massachusetts, and after coming back to India, he became a part of the Reliance Industries.
It was with Reliance that Mukesh Ambani's cousin, Nikhil, began first working as a project officer. He achieved excellence with his hard work and was then promoted to the position of executive director. He has since been then looking after the growth of the company for years and has also taken care of the petroleum business. Apart from this, Nikhil also looks after Ambani's IPL cricket franchise, the Mumbai Indians whose captain is Hardik Pandya. Apart from managing Mukesh Ambani's Mumbai Indians, Nikhil is also given credit for playing a very important role in the company's entrance into the telecom sector. Nikhil worked hard even for Reliance's entry into the retail domain, which has now seen a rapid growth.
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It was back in 2021-2022 when Nikhil Meswani, according to an India.com report, earned Rs. 24 crore. A report by Forbes stated that Mukesh Ambani earns less than what his relative, Nikhil, earns. The report further stated that Mukesh has locked his salary at Rs. 15 crore for a decade now, and it was during the COVID-19 pandemic that Mukesh also decided to let go of his earnings. This decision he made voluntarily. As per the Reliance documents, Mukesh's salary was listed as 'nil'. Nikhil's journey in Reliance since 1986 as a project officer and then becoming the Executive Director since 1988 has amped up the growth of the company significantly. The petrochemical division has seen a lot of gains all due to Nikhil. He has also been a part of Reliance's refinery business.
Mukesh Ambani has not taken a single salary hike since 2008 and then made the decision to reinvest in the company. On the other side, Nikhil and his brother, Hital have been the highest paid executives in Reliance India. Nikhil has had an important role in the prosperity of Reliance and likes to always avoid public attention.
What are your views about Nikhil Meswani expanding Mukesh Ambani's Reliance with pure hardwork and dedication?
Also Read: Meet Sundar Pichai's Wife Anjali Pichai, Whose One Advice Helped Him Earn USD 600K Per Day
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