Mukesh Ambani who leads the helm at Reliance Industries is known for being the richest tycoon in Asia and ranks 11th in the list of worldwide billionaires. Interestingly Mukesh turned down a salary a few years ago and hasnt accepted any remuneration since the commencement of the Covid crisis. Readers must be imagining how the billionaire manages all his expenses without taking any salary but here is everything you need to know. Mukesh Ambanis salary for the fiscal year 2020-21 is marked as nil and also he has not chosen not to liquidate any of the his shares. This raises curiosity about how Ambani manages his financial commitments without a paycheck or proceeds from share sales. Why Mukesh Ambani doesnt take salary? During the onslaught of Covid Mukesh Ambani announced his decision to give up his salary a move stirred by the adverse effects of the pandemic on the operations of Reliance. Before the pandemic had started he had a regular salary of Rs 15 crores till 2019. Curiously without selling off any shares or having a regular salary now it makes one wonder about his financial management. Truth be told his main source of income stems from the dividends he earns. Mukesh Ambanis notable income sources include dividends he receives along with profits from his IPL team the Mumbai Indians. He also earns a pretty penny from his personal investments. Reliance Industries a juggernaut in its industry is majorly controlled by Mukesh Ambanis family with a stake of about 50.39%. Shareholding in Ambani family Notably Mukeshs mother Kokilaben Ambani holds the torch for the largest single share within the family owning a solid 0.24% which translates to a substantial sum of 1.6 million shares. Not far behind is Mukesh Ambani himself along with his spouse Nita Ambani and their children; Akash Isha and Anant each holding an 0.12% stake or translated about 800000 shares each. Annually their potential earnings are projected through the dividends Reliance Industries distribute that typically range from 6.30 to 10 rupees per share. Since the financial year of 2021 the richest person in Asia showed exemplary leadership by voluntarily foregoing his salary due to the economic impact of the COVID-19 crisis making a commitment to only resume once the firm was back to its fullest making capacity. Further demonstrating this selfless act of solidarity with the companys struggle he didnt take home a single cent in salary benefits perks or pension contributions — a fact highlighted in the companys latest annual report for the 2023-24 period.