When we talk about richest individuals in the world Elon Musk tops the list. And as far as company executives are concerned in India Reliance always tops the list. But do you know there is huge gap between a Executive Chairman and CEOs remuneration of a Indian company even after pay hike. Yes we are talking about Wipro. Wipro Executive Chairman Rishad Premjis remuneration has doubled to about Rs 13.7 crore in the financial year 2024-25. However this is much less than the annual income of about Rs 53.64 crore of the companys Chief Executive Officer (CEO) Srinivas Palia. This information has been given in the companys latest annual report. This is because Rishad Premji did not take any commission in FY 2023-24 as the companys incremental consolidated net profit was negative that year. That year he took a salary of about Rs 6.4 crore with a pay cut of about 20 percent. However the Bengaluru-headquartered companys net profit grew 18.9 per cent to Rs 13135.4 crore during FY 2024-25. According to the 20-F filing (annual report) submitted by Wipro to the US Securities and Exchange Commission Premjis remuneration will double to about Rs 13.7 crore in the financial year 2024-25 from about Rs 6.4 crore in the financial year 2023-24. At the same time Srinivas Palia who took over as CEO and Managing Director on April 7 2024 received a remuneration of about Rs 53.64 crore in the financial year 2024-25. Palias remuneration is less than half the salary of the companys former CEO Thierry Delaporte. Delaporte received a salary of around Rs 168 crore in the financial year 2023-24. According to the documents Palia earned nearly $1.7 million as salary and allowances nearly $1.7 million as commission/variable pay nearly $2.8 million classified as other and $68850 as long-term compensation. According to this Premji and Palia are entitled to get commission at the rate of 0.35 percent on the incremental integrated net profit of the company compared to the previous financial year. In addition Palia was also allotted 1677202 share options with different lock-in periods. However Premji was not given any share option in the financial year 2024-25.