Fantastic wages not affected by the Corona pandemic crisis that shook the thrones of the world’s economies, and the finances of giant corporations, these are the reality of the world’s richest managers.
In the face of the fears and anxieties that cast a shadow over the world of finance and business, these executives offered fierce resistance that enabled them to continue their business, retain their financial profits and reach the top to rise from the richest drivers.
Some of the wages of this world’s richest CEOs are elusive, and intertwined with their activities in the companies they run.
In this report, according to Al Jazeera Net, the Indian “startuptalky” website lists the best and highest paid CEOs in the world, according to the Fortune 500 list.
Elon Musk, CEO of Tesla ($ 23.5 billion)
Elon Musk is the founder and CEO of Tesla and SpaceX, the world’s most talented automaker. Although he did not receive an actual salary from Tesla, Musk was the highest paid CEO in the United States for 3 years.
Instead of receiving a salary, stock options are granted in exchange for the company reaching a certain market value and growth criteria. Thanks to this feature, Musk has the option to buy Tesla stock for $ 70 per share, knowing that its trading price at the beginning of January 2022 is close to $ 1,200 per share. In the first quarter of 2022, Tesla generated $ 18.76 billion in revenue.
Using some of the Tesla stock options granted to him in 2018, Musk earned a total revenue of $ 23.5 billion in 2022. As of May 25, Elon Musk’s net worth was estimated at $ 193 billion. This indicates that he has lost $ 77.6 billion of his fortune since the beginning of the year, yet he remains the richest person in the world.
Tim Cook, CEO of Apple Inc. (Appeal) (770.5 Million dollars)
Cook became Apple’s CEO in 2011 following the death of Steve Jobs. Since then, he has consistently appeared on lists of the highest paid CEOs. Apple’s market capitalization increased by $ 2.2 trillion under Cook’s management. In 2021, the company generated a profit of $ 95 billion. Although the company experienced problems due to the shortage of chips, it managed to start manufacturing internal equipment.
Apple outperformed other U.S. companies in the same field, ending the year with a whopping $ 95 billion in profits. In the first quarter of 2022, the company generated revenue of $ 97.2 billion.
Tim Cook’s current net worth is estimated at $ 2 billion. As part of a $ 1.7 billion 10-year share allotment, it received $ 770.5 million in 2021 alone. Most people will find Cook’s $ 3 million salary acceptable, but the truth is that it does not compare to his $ 10.7 million bonus and $ 250 million share incentives. Cook was 1513th on Forbes’ list of billionaires for 2022.
Jin Sun Huang, CEO of NVIDIA(NVIDIA) (561 Million dollars)
NVIDIA, founded in 1993, is a technology company best known for its display chips, artificial intelligence technology and Shields game consoles. Jin Sun Huang is the co – founder and current CEO of the company.
With the company’s share price nearly doubling in size over the past 10 years, Huang made $ 561 million in 2022 from expiration options granted in 2011 and 2012. Huang also received a total compensation of $ 23.7 million from the company in the financial year ended 2022, of which $ 900,000 is his salary due, $ 18 million in stock, $ 4 million in bonus and $ 81,000 in other types of compensation.
Huang owns 3.6% of Nvidia, which was launched in 1999. Nvidia’s revenue rose 61% to a record $ 12.46 billion in 2021, compared to $ 7.10 billion in the first quarter of 2022. With a net worth of $ 21.3 billion, Huang ranked 34th in the Forbes 400 list of billionaires for 2022.
Netflix CEO Reed Hastings(Netflix) (435.5 Million dollars)
The popular streaming company, Netflix, was founded in 1997, and Reed Hastings is the company’s co – founder, CEO and chairman. Under his leadership, Netflix became a leading online streaming service in 2007. In 2021, Netflix generated $ 24.9 billion in revenue, a 23.8% year-on-year increase and $ 5.1 billion in operating profit, an 85% year-on-year increase.
With life gradually returning to normal after the pandemic, the company has recently cut expenses due to this loss of subscribers and competing with other streaming services.
Hastings’ total revenue for the 2021 financial year was approximately $ 40 million. That amount included $ 442,000 in other forms of income, $ 39 million in stock options and a salary of $ 650,000. Reed Hastings’ net worth was $ 2.9 billion in 2022.
Leonard Schleifer, CEO of Regeneron(Regeneron) Pharmaceutical Products ($ 452.9 million)
Leonard Schleifer founded Regeneron Pharmaceuticals in 1988, which is active in the research, innovation, testing, manufacturing and distribution of drugs for the treatment of cancer, asthma and chronic pain.
Thanks to the company’s own medicine for the prevention and treatment of “Covid-19”, the company’s revenue increased by 89.1% in 2021 to $ 16.07 billion, with a revenue of $ 2.97 billion that in the first quarter of 2022 was recorded.
Schleifer received a total of $ 6 million in revenue, including $ 672,000 in other forms of income, $ 4 million in bonuses and $ 1 million in salaries, and has a net worth of $ 1.1 billion.
Marc Benioff, CEO, Salesforce(Sales team) (439.4 Million dollars)
In 1999, Benioff founded Salesforce, a company that specializes in creating cloud-based CRM software. Sales team automation, digital community management, sales team platform, industry-specific solutions, digital commerce, customer service and support, collaboration and marketing automation are some of the services provided by his company.
In 2021, revenue increased by 24.7% to reach $ 21.25 billion, and by 24 percent year-on-year to $ 7.41 billion in the first quarter of 2022.
His basic salary is estimated at $ 1,440,000, in addition to cash bonuses of $ 2,816,640, and incentives of $ 1,291,541, which generates an annual income of $ 39,907,534.
Satya Nadella, CEO of Microsoft(Microsoft) (309.4 million dollars)
In 2014, billionaire Satya Nadella succeeded Steve Ballmer as Microsoft’s CEO, and he previously served as Microsoft’s executive vice president of the cloud and enterprise group.
Nadella’s peers probably think he deserves a big paycheck as he has led the company to alternative markets such as cloud computing and augmented reality rather than the company’s struggling mobile strategy. Microsoft reported $ 168 billion in total revenue for 2021, an increase of 17.5 percent, and $ 7.8 billion in the first quarter of 2022.
Satya Nadella’s total revenue amounted to $ 49.8 million, including a salary of $ 2.5 million, in addition to bonuses equal to $ 14.2 million, share incentives worth $ 33 million and other forms of income worth $ 109,000 .
Robert A. Kotik, CEO of Activision Blizzard(Activision Blizzard) (296.7 Million dollars)
In 1991, Robert Kottek was appointed CEO of Activision, and one of the most famous products of the giant game company “Call of Duty” and “World of Warcraft” (World of Warcraft).
Kotik earned $ 296.7 million in limited inventory last year. Despite Kotik’s personal handling of the company’s assault allegations and numerous lawsuits alleging harassment and gender discrimination, Microsoft decided to buy Activision in January for $ 68.7 billion, making it the company’s largest acquisition to date.
Kotik’s income amounted to 826.5 thousand dollars, of which 108.5 thousand dollars came from various sources of income, and a salary of 718 000 dollars.
Hook E Tan, CEO of Broadcom(Broadcom) (288 Million dollars)
Tan, who grew up in Malaysia, won a scholarship to attend MIT before starting his career and has been CEO of Broadcom since Avago bought the semiconductor business in 2015 for $ 37 billion.
Broadcom is a leading provider of infrastructure and semiconductor software, a multinational technology company that uses infrastructure software, semiconductor products, and IP licenses to operate. In 2021, the company’s revenue increased by 14.9% to $ 27.4 billion.
Tan’s income is about $ 60 million, which includes a salary of $ 1.2 million, a bonus of $ 5.4 million, $ 54 million in inventory and 46,000 in other forms of income.
Safra Katz, CEO, Oracle(Oracle) (239.5 Million dollars)
Safra Katz has come a long but rewarding path.Before joining Oracle in 1999 as Senior Vice President, she worked as a banker. She then joined Mark Hurd as co-CEO of Oracle in 2014. With Heard retiring in 2019 due to healthcare, Katz took over as CEO.
Oracle has experienced slow revenue growth over the past few years despite offering products and services that address many aspects of corporate IT setups, and is best known for its database software.
Katz’s total income is about $ 10 million, with a salary of 950,000, 9 million bonuses and 96,000 other forms of income. Katz’s net worth is $ 1.4 billion, to be number 19 on Forbes ‘2022 list of homemade women in the United States, and she’s 1922 on Forbes’ list of billionaires for 2022.