Business

From Kolkata to the World's 2nd Highest-Paid CEO: Shankh Mitra's Pay is Over 2 Crore Times an Average Indian Salary

Shankh Mitra, CEO of a US firm, earns over 2 crore times the average Indian salary, ranking second globally in CEO pay.

Business desk
NRI HeraldJune 26, 2026
3 min read
From Kolkata to the World's 2nd Highest-Paid CEO: Shankh Mitra's Pay is Over 2 Crore Times an Average Indian Salary

Shankh Mitra, a Kolkata-born executive, has become the world's second highest-paid CEO, with compensation exceeding the average Indian salary by over 20 million times. Mitra, who leads a US-based company, earned a package that dwarfs typical Indian earnings, highlighting the vast disparity between global executive pay and local wages.

The CEO's compensation, which includes salary, bonuses, and stock awards, places him behind only the top-paid CEO globally. His journey from Kolkata to the upper echelons of corporate leadership reflects a remarkable career trajectory, though the exact breakdown of his pay package has not been disclosed.

Mitra's pay has sparked discussions about income inequality, as his annual earnings surpass what an average Indian worker would earn in tens of thousands of years. Critics argue such compensation highlights systemic imbalances, while supporters point to his role in driving company performance.

The CEO's background includes education in India and a career that spanned multiple countries before taking the helm at his current firm. His compensation, while exceptional, is part of a broader trend of rising executive pay in the United States, where top CEOs often earn hundreds of times the median worker salary.

Business desk · June 26, 2026
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