Count The Cash As We Reveal The Net Worth & Salaries Of The Highest Paid CEOs Around The Worldby | August 28, 2019
How many times has it happened that your friend has a fancy new job and you’ve itched from within to know what his or her package is? Sure, if the friend is close ally you can ask without hesitation, but there are occasions when you can’t help but wonder, what the windfall is. While we can’t reveal to you the revenue your friend is yielding, we can share with you the packages of some of the most influential, powerful, and dynamic CEOs in the world. So before you aspire to add the “I’m CEO, B*tch” tagline to your card, cue Mark Zuckerberg, it’s a good idea to know what the bottom line you’re aiming for is.
How Much: $513 million
Why: The CEO of the American automotive and energy company, Tesla got an approval for a 10-year compensation plan valued at around $2.6 billion in stock options last year, which will primarily make up his earnings when he encashes them. Currently, Elon Musk only draws a California-mandated minimum-wage salary from the company, the cheques for which he does not cash in. Musk’s name may be common on many ‘highest-paid CEO’ lists, but his high-rolling value is based on the company’s extraordinary growth, and thereby his stock options. Apart from Tesla, Musk also splits his time with sister companies SpaceX (private aerospace manufacturer), The Boring Company (infrastructure and tunnel construction company), and Hyperloop (an ultramodern, superfast transport system). More recently, the Mumbai cabinet has approved Hyperloop's maiden project that connects Pune and Mumbai marking Musk’s foray into the country.
Where: Tilray Inc.
How Much: $256 million
Why: Brenden Kennedy serves as the President and CEO of the Canadian origin company, Tilray that is one of the largest and most sophisticated producers of medical marijuana (yes, you read that right; we are talking about weed, cannabis, pot, etc). The company’s stock went public last year in July and immediately skyrocketed, making it one of the most powerful players in the market. With more and more countries legalising marijuana both as a medicinal and recreational drug, the Yale School of Management graduate and his company (and stocks) are headed for higher altitudes.
Where: The Walt Disney Company
How Much: $146 million
Why: It’s easy to pigeonhole Disney as the creator of magic, Mickey Mouse, and a money-making amusement park. However, one would be wrong since the company is now one of the largest media conglomerates in the world, and a lot of the credit for this rise goes to Bob Iger, who has served as the CEO and chairman of the company for the last 14 years. In 2018, The Walt Disney Company generated a total revenue of $59.43 billion courtesy its movie studio, theme parks, and TV stations. And it also took over Pixar, Marvel, Lucasfilm, and 21st Century Fox in a $52 billion deal. Under Igar’s leadership and smart decisions, the house of Mickey has experienced a monumental rise.
Tim Cook (Timothy Donald Cook)
Where: Apple Inc
How Much: $157 million
Why: A hefty 22 percent pay rise that was the result of Apple’s strong sales performance in 2018, led to their CEO, Tim Cook’s soaring salary figure. As the successor to Apple’s founder, Steve Jobs, Cook has big shoes to fill and he’s managed to achieve that with a 22 percent year-on-year increase of sales in 2018. Cook was handpicked by Jobs himself when he retired due to his illness. Since his appointment, Cook has contributed to Apple by introducing the iPhone X (and its successors), Apple music, and the airpods. He is also the first openly gay CEO of a multi-national giant.
Where: Palo Alto Networks Inc
How Much: $130 million
Why: Indian-origin businessman, Nikesh Arora is one of the highest-paid executives in the United States of America who leads the Santa-Clara-based cyber-security firm, Palo Alto Networks. He is an ex-Google and SoftBank employee who has been instrumental in seeing the Flipkart and Housing.com deals. He was touted to be the highest-paid employees at Google and was the second in command to the owner, Masayoshi Son at Japanese SoftBank. While the $130 million package sounds lucrative, he only gets $1 million as his base salary annually, an identical target bonus plus $40 million in restricted stocks vested over seven years. A way to evaluate his commitment to the firm, he is said to gain stocks valued at $66 million if Palo Alto Network’s stock climbs to 150 percent.
Where: Discovery Inc.
How Much: $129 Million
Why: A recent jump in the salary of Discovery Inc.’s CEO, David Zaslav makes him the highest-paid executive in the world of media. The recent hike has almost tripled his original salary, and it now includes stock options, performance-based incentives, and other awards in its structure. Zaslav who joined Discovery Inc. in 2007 has helped the company go public in 2008 and last year was instrumental in integrating the Scripps Networks Inc acquisition and turning Discovery into a global sports giant.
Mark Vincent Hurd
Where: Oracle Corporation
How Much: $108 Million
Why: Mark Hurd, apart from being the c0-CEO at Oracle Corp (alongside Safra A. Catz) is also on the board of directors for the company. He graduated from Baylor University with a bachelor’s degree in business administration and that too on a tennis scholarship. He was previously the CEO at Hewlett-Packard during its much troubled times and had to lay off thousands of employees, Hurd also took a voluntary pay cut during this time. He is also a published author with several business publications to his credit.
Safra A Catz
Where: Oracle Corporation
How Much: $108 Million
Why: Safra A Catz is an Israeli-born American business executive and co-CEO of Oracle Corporation alongside Mark Hurd. She has been working for the software firm since 1999 and has served as the CEO after founder Larry Ellison stepped down from the role. She is one of the highest-paid female executives in the world and has helped Oracle close more than 130 acquisitions since 2005.
Where: PTC Inc.
How Much: $50 Million
Why: As the President, Chief Executive Officer, and Director at PTC, James Heppelmann’s value is estimated to be around $122 million. Having joined computer software and services company PTC Inc. in 1998, Heppelmann boasts of extensive knowledge about the company’s history, technologies, and markets. The company provides AR and IoT technology solutions to multiple enterprises around the world. One of the younger CEO’s, Heppelmann became the CEO of the Boston-based company in 2010 and has taken the company to new heights.
John J. Legere
How Much: $67 Million
Why: With a top-rated CEO compensation package in the telecom industry, John J. Legere has served at T-Mobile US since 2013. He previously worked for AT&T, Dell, and Global Crossing. Often spotted in bright pink, he is a social media star and fairly vocal about his thoughts and opinions. Under his leadership, T-Mobile has become the third-largest wireless carrier in the United States of America.
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