It’s been revealed how much money the CEOs of the biggest tech companies, from Apple to Tesla, will make in 2023
May 19, 2024
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Companies that we describe as “technology giants” are leading the way in technology today. This is of course also reflected in the market values. Total value of Alphabet
Companies that we describe as “technology giants” are leading the way in technology today. This is of course also reflected in the market values. Total value of Alphabet (Google), Amazon, Apple, Microsoft, NVIDIA and Tesla, called the “Magnificent Seven” 14 trillion dollars exceeds.
As you can imagine, the CEOs of these trillion-dollar companies also make serious money. A list compiled by Business Insider through SEC (US Securities and Exchange Commission) filings shows that the bosses of tech giants How much you will earn in 2023 it reveals. The data showed that the highest-earning CEO of these seven is, unsurprisingly, Apple boss Tim Cook.
Last year’s highest-earning technology managers
Tim Cook (Apple) – $63.2 million
Tim Cook in 2023 $63.2 million won. Cook’s earnings; His top salary of $3 million, which has been the same since 2018, includes $46.9 million in stock awards, $10.7 billion in incentives and $2.5 million in additional expenses, including private jet and security expenses. Let’s keep in mind that Cook made $99 million last year. So there is a serious decline. Cook voluntarily reduced his payments in 2023.
Satya Nadella (Microsoft) – $54.9 million
Microsoft’s boss Satya Nadella, one of the leading names in the artificial intelligence race, will retire in 2023 48.5 milliondollars second in terms of winnings. Of this, $2.5 million includes salary, $39.23 million for stock, $6.4 million for incentives and $360 thousand for other expenses. Let’s add that Nadella’s payments are down compared to the previous year ($54.9 million).
Jensen Huang (NVIDIA) – $34 million
Jensen Huang, the boss of NVIDIA, one of the most talked about companies in recent times, $34.2 million by 2023 Receive a salary package. Of this, 26.7 million are stock awards, 4 million cash bonuses and 2.5 million other expenses. It should also be added that the payment he received increased by 60% compared to last year.
Mark Zuckerberg (Meta) – $24.4 million
Mark Zuckerberg has had a token salary of $1 on Meta since 2013. This is obviously not the money he received. Last year’s income, including security and transportation costs $24.4 million dead.
Sundar Pichai (Alphabet/Google) – $8.8 million
Sundar Pichai, the boss of Google, another leading artificial intelligence company, last year$0.8 million receive a salary package. While his salary was $2 million, his security payments were $6.77 million. Of course, stock awards are not included. We don’t know how much he received in this regard in 2023, but his earnings in 2022 were up to $226 million with stock awards over three years.
Andy Jassy (Amazon) – $1.3 million
Amazon CEO Andy Jassy will be paid in 2023, according to company statements amounted to $1.3 million. Of this, 365 thousand dollars consisted of salary, while approximately 992 thousand dollars consisted of security payments. This may sound like little compared to other CEOs. However, if we add Jassy’s acquired shares, that’s the money he made in 2023 Up to $29.2 million it turns out.
Elon Musk’s situation is a bit complicated
Elon Musk stopped receiving salaries by signing a deal with Tesla in 2018. Under this agreement, Tesla would receive compensation if it achieved its desired market value targets. So much so that all set goals have been achieved in recent years. Musk normal $56 billion He would receive a record salary that would go down in history.
However, last January a court decided to cancel the $56 billion payment. The reason given was that Musk had close ties to Tesla board members and therefore had undue influence on the agreement. Uncertainty about Musk’s salary remains. Of course, this is just a completely different payment that Musk will receive. We can’t forget that he owns more than 20% of the company.
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.