As Bloomberg released its list of highest-paid CEOs of 2019, Elon Musk, head of Tesla and SpaceX made it to the top spot with an annual income of nearly $600 million in 2019.
Musk is known to forgo annual base pay, his income came from Tesla stock as the electronic car company’s stock hit $1400 a share, making Tesla the most valuable car company in the world.
Tech Industry dominates Bloomberg’s Highest-Paid CEO’s list as four CEO’s make it to top 10
Four CEO’s from the tech industry made it to the top 10 of Bloomberg’s highest-paid CEO’s list, indicating how well this industry is doing these days. These companies are Apple, Intel, Google, and Microsoft. Currently, Apple is the most valuable tech company in the world, with Apple CEO Tim Cook dominating the chart at number 2 of the list.
Apple CEO, Tim Cook has an annual income of $133 million. He brings in an annual salary of $3 million, which is coupled with Apple equity and other perks. According to Bloomberg, he has confirmed to donate all the money he earned in 2019.
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Alphabet CEO, Sundar Pichai made it to the eighth spot with an annual income of $86.2 million whereas Intel CEO Robert Swan was ahead of him, at the seventh spot with an annual income of $99 million in 2019.
Also, Microsoft CEO, Satya Nadella acquired the ninth spot with annual compensation of $77.3 million. This compensation includes salary, bonus, any stock options, awards, dividends, interests, and perks.
Facebook’s Sheryl Sandberg among the four women in Bloomberg’s Highest-Paid CEO’s list
Although there are no women in the top 10 of this list, four women have made it to the top 100. At the 19th spot is Lisa Su, CEO of Advanced Micro Devices Inc with $55 million, followed by Safra Catz, CEO of Oracle at number 36, having an annual income of $43 million.
Facebook’s Sheryl Sandberg, who is not a CEO but the company’s chief operating officer is at number 72 with annual compensation of $31 million. Marillyn Hewson, Chairman and former CEO of Lockheed Martin Corp is ahead of her at number 60 with $32 million.