Elon Musk
Elon Musk said on Tuesday that he will continue to serve as CEO of Tesla for the next ten years. Along with that deal, Musk also revealed a new compensation scheme that The New York Times' Andrew Ross Sorkin refers to as perhaps "the boldest pay plan in corporate history." Tesla would only receive payment if it meets a series of challenging benchmarks that increase the company's estimated worth to above $650 billion. Tesla's current estimated worth is $59 billion. Musk may potentially earn billions more under the proposal, but he would get nothing if he failed to meet the objectives. Although Musk is reportedly worth $22 billion, Tesla officially pays him a much smaller income as of right now: the CEO's annual salary is just around $37,000. (Musk is also the CEO of the privately owned company SpaceX.)
Mark Zuckerberg
Mark Zuckerberg, the CEO and creator of Meta, only got $1 in salary in 2023, but he also collected $24.4 million in "other compensation."As a result, Zuckerberg is officially the company's lowest-paid employee. Out of all 67,000 workers, the median compensation at Meta is $379,000. The SEC filing indicated that a significant portion of the "other compensation" listed went toward Zuckerberg's security expenses; however, the business did not specify the specific amount.
Based on the disclosure, Zuckerberg's total income is around $3 million less than it was in 2022 ($27,110,417).
Jensen Huang
Of course! Nvidia CEO Jensen Huang recently had a 10% compensation cut as a result of missing financial goals. Nvidia implemented the reduction after making their FY23 numbers public. Although there was an almost $2.5 million reduction in his pay plan, he will still get $21.356 million. He pGiven his $26.1 billion personal net worth, this income drop is unlikely to significantly impact him. ou're interested in learning more about him, the Huang family resided in typical middle-class San Jose houses prior to Nvidia going public in 1999. Jensen Huang has since risen to prominence in the IT sector.
Sundar Pichai
As the CEO of Alphabet Inc. and its subsidiary Google, Sundar Pichai receives ₹16,70,93,677.00 as compensation. Sundar Pichai, who was born in India in 1972, has had a big impact on the IT sector. He has received hefty pay, with a 2019 income of $86,162,7521 (including salary, stock awards, and perks). His pay was more than $200 million in 2022. Notably, his compensation is among the highest of all CEOs at S&P 500 companies. A really outstanding resume!
Tim Cook
Of course! The total remuneration that Tim Cook, the CEO of Apple, was given for the year 2023 was $63,209,845. Below is a summary of his income:
Pay: $3,000,000
Awards in Stock: $46,970,283
Compensation for Non-Equity Incentive Plans: $10,713,450
Total Other Income: $2,526,112
It's important to note that his 2023 salary was about 28% more than the $49 million original goal. Still, it is a 36% decrease from his 2022 salary.
Additionally, Apple mandated in 2017 that Tim Cook must always travel by private aircraft for both work and pleasure, citing "security and efficiency reasons." Cook's personal airline travel expenditures cost Apple $1,621,468 in 2023—more than twice as much as it did in 2022. Additionally, the business set aside $820,309 for him to get personal protection services.
the richest ceo in the world
Musk Elon. Elon Musk, Tesla's contentious CEO, frequently moves up and down the list of richest CEOs. His purchase of Twitter (now named X) caused a little decline in his net worth, but as of March 10, 2023, Forbes reports that he had regained it.
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