How Much Do CEOs of Technology Giants Earn?

Companies that we describe as “technology giants” are leading technology today. Of course, this situation is also reflected in 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 companies worth trillions also earn serious money. A list compiled by Business Insider through SEC (US Securities and Exchange Commission) documents shows that the bosses of technology giants How much you earn in 2023 it reveals. The data showed that the highest-paid CEO of these seven is, unsurprisingly, Apple boss Tim Cook.

Last year’s highest-earning technology executives

Tim Cook (Apple) – $63.2 million

Tim Cook in 2023 $63.2 million won. Cook’s earnings; His main 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 expenses such as private jets and security. Let’s note that Cook earned $99 million the previous year. So there is a serious decrease. 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 be in 2023 48.5 million dollar second in earnings. Of this, $2.5 million includes salary, $39.23 million for shares, $6.4 million for incentives and $360 thousand for other expenses. Let’s add that Nadella’s payments decreased compared to the previous year ($ 54.9 million).

Jensen Huang (NVIDIA) – $34 million

Jensen Huang, the boss of NVIDIA, one of the most talked about companies of recent times, $34.2 million in 2023 Received a pay package. Of this, 26.7 million are share awards, 4 million are cash bonuses, and 2.5 are other expenses. It should also be added that there was a 60% increase in the payment he received compared to last year.

Mark Zuckerberg (Meta) – $24.4 million

Mark Zuckerberg has had a symbolic salary of $1 on Meta since 2013. Of course, this is not the money he was paid. Last year’s earnings, including security and transportation costs $24.4 million dead.

Sundar Pichai (Alphabet/Google) – $8.8 million

Sundar Pichai, the boss of Google, another prominent company in artificial intelligence, last year.8 million dollars received a pay packet. While his salary was $2 million, his security payments were $6.77 million. Of course, share awards are not included. We do not know how much he received in this regard in 2023, but his earnings in 2022 were up to 226 million dollars with 3-year share awards.

Andy Jassy (Amazon) – $1.3 million

Amazon CEO Andy Jassy’s payment in 2023, according to the company’s statements was $1.3 million. While 365 thousand dollars of this was salary, around 992 thousand dollars was security payments. This may sound like little compared to other CEOs. However, when we add Jassy’s vested shares, the money he earned in 2023 is Up to $29.2 million comes out.

Elon Musk’s situation is a bit complicated

Elon Musk stopped receiving salaries by making an agreement with Tesla in 2018. In this agreement, Tesla would receive a fee if it reached the desired market value targets. So much so that all the set targets have been achieved in recent years. Musk normally 56 billion dollars He was supposed to receive a record salary that would go down in history.

However, last January, a court decided to cancel the $56 billion payment. The reason was given that Musk had close ties with Tesla board members and therefore had unfair influence on the agreement. Uncertainty about Musk’s salary continues. Of course, this is just a completely different payment that Musk will receive. It should not be forgotten that he owns more than 20% of the company’s shares.