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
-
Prices dropped in Venezuela, Indonesia, Ecuador, Thailand, and more. Netflix has recently been feeling a major financial squeeze as... -
Users can now order parts for various Mac desktops. Back in April, Apple officially launched their Self-Service Repair program....
-
The Rochester Regional Joint Board of Workers United filed a formal complaint against Tesla. Earlier this week, a group...
-
An inaccurate response has shaken investor faith in the development. Earlier this week, tech giant Google released a brief...
-
Uber is making a comeback from pandemic-era losses. This week, prominent ridesharing company Uber reported their earnings for the...
-
The wrestling battle royale is ending service at the end of the month. Last August, Fortnite publisher Epic Games...
-
A strong Q4 report and new investments have GM on the right track. This morning, the largest automotive company...
-
The crackdown could begin as early as March. Last year, streaming giant Netflix, which its first major subscriber drop-off...
-
The deal is rumored to amount to around $10 billion. This morning, Microsoft announced the latest development in its...
-
The company used the growth to highlight problems with the Microsoft/Activison merger. Microsoft and Activision Blizzard continue to push...
-
Cook’s target pay package will be dropped to $49 million. Tech giant Apple announced today that its CEO, Tim...
-
The plaintiffs received a settlement of $1.85 million. This week, video game developer and publisher CD Projekt Red reached...
