The Facebook CEO cut his own base salary to just $1 in 2013, but the whole picture is a lot more complex.
A Slim Salary
Facebook founder and CEO Mark Zuckerberg is now the company’s lowest-paid employee, according to its latest proxy filing.
Zuckerberg, worth $27.8 billion dollars mostly in Facebook stock, requested an annual wage of $1 dollar in 2013, joining the ranks of a handful of other very wealthy CEOs who take a symbolically negligible base pay.
Google’s Sergey Brin and Larry Page, worth roughly $30 billion a piece, have been drawing a $1 salary for a decade now.
April 2, 2014
-
Amazon shares surged 6% on Friday following the company’s release of strong quarterly earnings, exceeding market expectations. Boosted by... -
Let’s take a moment to chat about something that’s been weighing on the minds of many: the state of...
-
Shares of Trump Media surged by as much as 19% on Tuesday, marking the fourth consecutive day of gains...
-
Amazon is doubling down on its revolutionary cashierless technology, “Just Walk Out,” after pulling it from most of its...
-
Following the massive success of its gold and silver offerings, Costco is making headlines once again with the addition...
-
The cryptocurrency market experienced a significant rally on Thursday, just one day after the Federal Reserve made the surprise...
-
Fitch Ratings, a leading global credit rating agency, has released a new economic outlook report predicting that the U.S....
-
Another Year, Another iPhone! Apple has announced a big event on September 9 at its headquarters in Cupertino, California....
-
With Federal Reserve Chair Jerome Powell signaling that interest rates might be cut soon, investors are contemplating how this...
-
A bipartisan coalition of federal lawmakers has expressed serious concerns over Meta’s handling of illicit drug advertisements on its...
-
Consumer prices in the United States increased at the slowest rate in over three years last month, raising hopes...
-
Turkey’s recent suspension of Instagram has sparked significant controversy, with Human Rights Watch (HRW) condemning the move as a...
