94-Year-Old MDH Dadaji Is The Highest Paid CEO In FMCG; Draws More Than ₹21 Crores As Salary

You must know him by face. After all Dadaji aka Dharampal Gulati is known to be the face of MDH (Mahashian Di Hatti) Masala. The 94-year-old man is full of energy and life. And, is giving everyone a run for their money, salary-wise.

Gulatiji, also called Dadaji or Mahashayji, drew more than Rs 21 crore as salary in company’s last fiscal year. And, he’s a class five dropout.

He is the highest paid CEO in the FMCG sector and his salary was higher than Adi Godrej and Vivek Gambhir of Godrej Consumer, Sanjiv Mehta of Hindustan Unilever and ITC’s YC Deveshwar. No kidding!

But he works equally hard, too. He takes daily rounds of his factories, deals with marketers himself and doesn’t even take Sundays off. And, is extremely motivated toward his work.

“MY MOTIVATION TO WORK IS BEING SINCERE IN PRODUCT QUALITY SOLD AT AFFORDABLE PRICES. AND NEARLY 90% OF MY SALARY GOES TO CHARITY IN MY PERSONAL CAPACITY.”

In 1919, his father Chuni Lal started as a small shop in Sialkot, Pakistan. After partition, it was moved to Karol Bagh, Delhi. Gulatiji joined MDH, 60 years ago, and has ever since then established a business empire of over Rs 1500 crores – masala company, around 20 schools, a hospital, 15 factories and offices overseas.

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