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You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

Wealthy and chivalrous

2024-05-20 15:26Published in Guangdong financial field creators

Everyone is talking about how much the employees of the "big factories" are paid, but do you know how much their CEOs are paid in a year?

Recently, the American media counted the remuneration received by the CEOs of the "Big Seven" of technology in the United States last year. Although most of the cases are too high to surprise us, there are also cases that are lower than you, so let's take a look.

You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

The U.S. Tech Seven refers to the seven largest publicly traded companies on the U.S. stock market by market capitalization (Americans call them the Magnificent Seven). They are, Microsoft, Apple, Nvidia, Alphabet (Google), Amazon, Meta (Facebook), Tesla.

How strong are the Big Seven?

They contributed to 2/3 of the S&P 500's gains last year, and their market capitalization is about equal to the sum of the total market capitalization of Japan + France + the United Kingdom!

Managing one of these big tech companies, there is certainly a fairly high salary, but there are exceptions.

1. Apple CEO Tim Cook: $63.2 million

You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

The base salary in 2023 is $3 million, but the total compensation is $63.2 million.

Cook's compensation includes a base salary, $46.9 million in stock awards and $10.7 million in non-equity incentive plans. In addition, he was reimbursed $2.5 million for security, business and personal travel by private jet.

This salary and reimbursement amount are "scared to death".

But in reality, Cook has already cut his salary by 40% in 2023. The reason is that Cook's total compensation in 2022 reached a staggering $99.4 million, causing dissatisfaction among minority shareholders.

2. Microsoft CEO Satya Nadella: $48.5 million

You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

The base salary in 2023 is $2.5 million, but the total compensation is $48.5 million.

Satya Nadella's compensation includes a base salary, $39.23 million in stock awards and $6.4 million in non-equity incentives.

According to Bloomberg's analysis of his earnings last year, Satya Nadella's total compensation has exceeded $1 billion in the ten years he has been Microsoft's CEO.

3. Nvidia CEO Jensen Huang: $34.2 million

You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

The base salary in 2023 is $1 million, and the total compensation is $34.2 million.

Mr. Huang's compensation includes a base salary, $26.7 million in stock awards and a $4 million non-equity incentive plan. In addition, he was reimbursed $2.5 million for security, cars and drivers.

NVIDIA's stock price has risen nearly 300 times in the past ten years, and Mr. Huang's salary is still a little lower.

4. Meta CEO Mark Zuckerberg: $24.4 million

You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

The base salary in 2023 is $1, and yes, most people have a base salary that exceeds that of Mark Zuckerberg!

But after all kinds of reimbursements and awards, Zuckerberg's total compensation in 2023 will still reach $24.4 million.

5. Google CEO Sundar Pichai: $8.8 million

You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

In 2023, the base salary is $2 million, and the reimbursement is $6.8 million, for a total total compensation of $8.8 million.

But if you think that Google's CEO is the least paid, you're very wrong!

Google has a triennial equity award plan for its executives. Public documents show that Sundar Pichai took $218 million worth of shares in a lump sum in that 2022 reward!

6. Amazon CEO Andy Jassy: $29.2 million

You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

Jeff Bezos, the world's second richest man, left the position of CEO of Amazon in 2021, so this sweet and sweet spot fell on Andy Jassy's head.

According to Amazon's compensation plan, Andy Jassy will only receive $29.2 million in 2023.

But in 2021, he received a total salary of $210 million at one time!

7. Tesla CEO Elon Musk: $68 billion or 0

You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

Since 2019, Musk has stopped receiving the company's basic salary. Suffice it to say, he doesn't need this little money!

Musk is the majority shareholder of Tesla, and the dividends and value of Tesla's shares make him a lot of money.

But do you think Musk really doesn't want Tesla's pay?

No, no, no, in fact, in 2018, Tesla passed a plan.

The plan sets 12 goals, and when Musk leads Tesla to complete a specific goal, he will receive a 1% equity reward from Tesla.

Tesla said that as of 2023, the 12 goals set that year have been achieved, that is, Musk can get 12% of Tesla's equity. Based on Tesla's current market capitalization of $566 billion, the total value of this compensation is $68 billion!

However, it is still a bit troublesome for Musk to get this huge amount of money. Due to the huge amount, which attracted the attention of the court, in order to protect the minority shareholders, the judge finally ruled that the remuneration plan was invalid.

However, Musk is obviously not an easy person to "tie his hands".

According to the news, Tesla is planning to re-approve the plan, and the company's shareholders will vote on July 13 on whether to resume the plan.

Musk has threatened to consider producing cars outside of Tesla if the plan is not approved.

Risk Warning: Investment is risky, and you need to be cautious when entering the market

Wealthy and chivalrous

The sword walks the rivers and lakes, like a meteor

Xingjun |

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  • You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year
  • You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year
  • You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year
  • You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year
  • You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year
  • You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year
  • You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year
  • You are getting a higher salary than Musk, and how much did the CEOs of the Seven Heroes get paid last year

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