Steve Jobs was paid just $1 for working at apple last year!
Posted: April 6th, 2008 | Author: vinnie | Filed under: Uncategorized | 1 Comment »
Check out the salary’s and overall stock performance of the CEO’s of 200 public companies:
http://www.nytimes.com/interactive/2008/04/05/business/20080405_EXECCOMP_GRAPHIC.html
Steve Jobs obviously loves his job, just $1 in compensation last year. Larry Ellison? We’ll he has to get paid $11 million to show up to work (and another $50m in options.) Though at least his stock performed well, unlike the CEO of American Express who lost 13% of shareholder value with a 95% payraise (total compensation) to a tune of $50mil.
What other geeks lead the bottom for yearly salary? Eric Schmidt ($480k), and Steve Ballmer ($1.28m).
P.S. Warren Buffet had a total compensation of just $175,000, that’s just $74/hour more than your average In-N-Out server!
$1 is just symbolic. All of his money is in stocks.
Plus, don’t forget all those millions of dollars that he spends on travel, luxury hotels, and discretionary miscelaneous expenses. Ouch!
Daniel
http://www.palluxo.com