America’s Top Paid Bosses
They’ve worked very hard to be where they are today, no doubt, but the money they make, the sheer numbers can be staggering to humble souls such as us. Take a look at what some of America’s biggest companies’ chief executives make:
Lawrence J (Larry) Ellison cofounder and CEO of Oracle Corporation, the computer software giant, enjoys a total compensation upward of 130 million dollars a year. Salary bonus and other compensations make up about 6 million of that with more than $124 million coming from stock gains.
Ralph Lauren, of Polo Ralph Lauren is a fashion icon like no other and his pay packet is over 30 million dollars a year. A 15 million a year salary along with other perks worth 7 million and stock gains of nearly 8 million make him a very rich man indeed!
Rupert Murdoch, the Chairman and CEO of News Corporation, has a net worth of about 6 billion and makes about 15 million dollars a year. His money comes from salary and bonuses mainly – about 13 million and another 2 million in other compensation. We don’t know if he makes anything from stock gains.
Leslie Wexner, Chairman and CEO of Limited Brands, also makes his money from salary and bonuses rather than stock gains. His total compensation is 8.8 million dollars a year, with a 6.8 million dollar yearly salary.
J. Willard Marriott Jr., the Chairman and CEO of Marriott International, has the comparatively modest salary of $1.2 million, with other compensations of $1.6 million and stock gains of $4.1 million totaling to a yearly compensation of nearly 7 million dollars.
Apart from these worthies Fredrick Smith of FedEx, Michael S Dell of Dell, Charles W Ergen of DISH Network, Jeffrey P Bezos of Amazon, and Sheldon G Adelson of Las Vegas Sands are the among the list of seriously well paid American leaders of industry.
One may well wonder why the guys at Apple and Google did not get a mention here. The reason for that would be that Steve Jobs of Apple and Eric Schmidt of Google take home the princely sum of $1 to run their companies! How’s that for rich!
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