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India's newest billionaire Byju Raveendran wants employees to be inspired by Messi, Federer

The entrepreneur believes football or cricket can improve employee spirit.

, ET Bureau|
Updated: Aug 22, 2019, 08.36 AM IST
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Byju’s Founder Byju Raveendran was crowned as India’s newest billionaire last month.
Byju’s Founder Byju Raveendran was crowned as India’s newest billionaire last month.
Byju’s Founder Byju Raveendran was crowned as India’s newest billionaire last month. The former classroom teacher, who developed an education app that's currently valued at nearly $6 billion in seven years, says there a lot of things teams can learn from sports.

According to the 37-year-old entrepreneur, sports help sharpen employee instincts and improve the team spirit.

He was quoted saying, “Team sports like football or cricket are great teachers of teamwork. They sharpen your instincts and make you aware of the tangible benefits of team spirit and working together… Sportsmen like Lionel Messi, Roger Federer and Brian Lara are a real inspiration [for employees] because they have redefined the game itself. With every passing year, they only play better and set new benchmarks.”

Mukesh Ambani's Rs 15 Cr Salary Isn't As Interesting: These Top Bosses Earn More Than Him

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Billionaire Boys Club

21 Aug, 2019
Mukesh Ambani Chairman and MD, RIL Pay package: Rs 15 crore When your net worth is approximately $50 billion, a no pay hike isn’t a major cause for concern. In fact, at that level, an annual salary figure of Rs 15 crore itself could feel like pocket change — even though this compensation includes salary and allowances, perquisites, retiral benefits and commission. “Compensation of Shri Mukesh D. Ambani, chairman and managing director, has been set at Rs 15 crore, reflecting his desire to continue to set a personal example for moderation in managerial compensation levels,” says RIL’s annual report for 2018-19. Reliance promoters also received a dividend of Rs 1,778 crore (approx). Here are some top ranking C-suite members (within the non-promoter group), and are still higher on the salary front in FY19.
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