Becoming a CEO calls upon a strong business foundation with an extra-thinking mind to lead a company. As a CEO, you must be committed and put in more effort to make sure the company is generating profits. Taking that title will demand more from you. But the pay is always worthy. The salary varies depending on the revenue of the company. Appearing as the highest-paid CEO is another task too.
Here we take a tour among the top CEOs earning good salaries out of their hard work:
Elon Musk, 50
Net Worth: $271 billion
Company: Tesla Inc.
The 51-year-old Elon Musk owns several companies across the world. He has various sources of income, among them is Tesla’s salary where chairs the board as CEO. He earns around $56,380 million per month from the car manufacturing company. As time goes by, he seems to reduce the amount of salary he earns. Furthermore, he was among the first early investors in Tesla when the startup was struggling with capital. Currently, Musk is the highest-paid CEO in the world. He has shown no intention of resigning from Tesla Inc.
Musk is also a chief engineer and CEO of SpaceX, a company that specializes in making spacecraft and rockets. The tech guy also invented OpenAI and Neurallink, the artificial intelligence companies.
Last year, his net worth increased when he bought more shares from Amazon. At one point, he became the richest man, according to Forbes in real-time. But a few months later, Jeff Bezos overtook him.
Chad Richison
Company: Paycom
Networth: $3.9 billion
The Alumni of Central Oklahoma University have managed to drive passive income from Paycom. He is an entrepreneur born in the United States. He used to work as a salesperson in Oklahoma native with a payroll company. Richison then decided to migrate to Colorado to work for another payroll startup.
After some discussion with the founders, they decided to make Paycom a public payroll on the New York Stock Exchange. Since 2014, the company has taken huge steps. Each year the revenue doubles. Chad owns almost 14% of the Paycom shares.
Before the pandemic, Chad started a non-profit organization called Green Shoe Foundation. Its main purpose is to create awareness about mental health issues and offer free therapy and counseling sessions.
Richison’s monthly income makes him appear among the highest-paid CEO.
Amir Dan Rubin
Company: One Medical
NetWorthy: $199.05 billion
Amir Dan was born in the United States. He is playing more than one role in his company. At times, he chairs the board and becomes the president and CEO. In 2016, he joined UnitedHealth Group as the vice president of the Executive office. After one and a half years, he took a break from the public health company.
He has managed to buy almost 188,457 shares from 1LifeHEalthcare. The company stock is estimated to be $15,1888,752. Earlier this year, he decided to sell almost $0.1 million shares.
He is now the CEO of 1Life Healthcare as well as the president. His net monthly income totals $13,920,200. All this income makes him shine among the top highest-paid CEOs across the world.
John Legere
Company: T-Mobile US
Networth: $350 million
John Legere appears in almost every list capturing data about the top CEO. The millionaire was born in Massachusetts. He is an Alumni of MIT Sloan School of Management. He acquired a Ph.D. in business management. Furthermore, he worked with Dell, Global crossing, and AT&T before making his way to T-Mobile.
He was one of the board members who worked in various departments. But he decided to explore another environment for a new challenge. John is among the board of directors of CTIA. During his reign, he appeared on Forbes as the richest man in the world. Most people remember him as the senior CEO of T-Mobile in the United States. Despite his resignation, he still gets a monthly salary from the company.
Tim Cook
Company: Apple
Net Worth: $1.4 billion
Donald Cook has held his position among the highest-paid CEO. His work revolved around designing a new product that will attract customers. He was among Apple’s board directors when Steve Job was still alive. The late CEO praised him for the hard work and commitment he had for the company.
Since the death of Steve’s job in 2011, Tim Cook has managed to run the company safely. Apple is still among the top big tech companies controlling the stock market. His team loves him for his positive attitude of listening to their grievances. The CEO is very humble and open to new ideas from his colleagues.
After every three months, the company will come up with new iPhone designs or a MacBook. This shows how creative the CEO is. The tycoon is still strong enough to lead the company over the coming many years.
Thomas Rutledge
Company: Charter Communications
Net Worth: $90.2 million
Thomas Rutledge went to the California University of Pennsylvania, where he studied business. After graduation, he joined the COO of Cablevision as a board member. He left the company to join Time Warner Cable as the new president.
In 2012, he became the president of Charter Communications. Four years later, he dropped the title to take over as CEO. According to Forbes, the real-time net worth is $90.2 million. He was earning around $38.8 million during the pandemic. His net salary has been increasing according to the bloomberg report.
The CEO continues to flourish the company by opening new branches across the world. He made it to the top highest-paid CEO after the pandemic.
Joseph Ianniello
Company: CBS Entertainment Chairman
Net Worth:
Joseph was born in Brooklyn, United States. He studied for his degree at Columbia University before proceeding to Pace University. In 2018, he worked as an interim and the president of CBS Corporation. He chaired VIacomCB’s CBS Entertainment Group. Joseph worked with the company for four months before resigning. At ViacomBCS, he used to get a net salary of $125 million.
Over time, his salary has increased at CBS Entertainment. He earns around $2.8 million with the reward of $121 million from the stock exchange. In the coming years, the statistics indicate that he might be the top highest-paid CEO in the world.
Larry Culp
Company: General Electric
Net Worth: $266 million
Larry Culp was born in the United States in March 1963. He grew up with the urge of joining the business industry at a younger age. He was very passionate about entrepreneurship. After graduation from Harvard University, he joined Paul Corporation Danaher as a board director. In 2001, he became the CEO of Danahar Corporation. Culp resigned in 2014 to join General Electric.
In 2018, he was promoted from board member to Chief Executive Officer of General Electric. It’s one of the oldest successful companies, established 126 years ago. Data from the company indicates that Larry is the first outsider to ever chair General Electric.
Through consistency and hard work, he has made it among the top highest paid CEO in the world.
Chris Nassetta
Company: Hilton WorldWide
Networthy: $43.3 million
Among the top 10 highest paid CEO, Chris Nassetta appears in the list as number 9. He is an alumnus of the University of Virginia McIntire School of Commerce where he graduated with first-class honors in Finance.
In 1991, the millionaire founded Bailey Corporation. Years later, he joined Host Hotels Inc. as a top director. Through the hospitality company, he learned a lot of skills from experienced peers.
He joined Hilton Worldwide as the CEO. Chris possesses almost 409 units in the company. According to Forbes, his net worth has dropped to $43.3 million due to the pandemic. He is one of the best philanthropists in the world. Nassetta has managed to help more than 20 organizations across his nation.
For the past 18 years, the statistics indicate that Chris has sold over $18,229,359 shares from HLT. His monthly income from Hilton WorldWide is approximately $3 million.
Mike Sievert
Company: T-Mobile US
Networth: Undisclosed
The Glenoaks High School alumni joined the Wharton School at the University of Pennsylvania to study for a degree in economics. He worked at Clearwire and IBM and later joined E-Trade. In 2002, he was employed by Microsoft as a product manager. After resigning, he focused on his project and founded Switchbox Labs. In 2009, the startup was absorbed by Lenovo. John Legere hired Mike as the new director at T-Mobile.
For almost 10 years, Mike Sievert has been a board member. In May 2020., he took over as the CEO of the company. They had just made a big step in absorbing the Sprint startup. This meant an increase in roles and salaries.
The millionaire has bought over 40,000 units of the company in stock. This is equivalent to $134,247,711. In the past 8 years, he has managed to sell some shares totaling $15,637,756. He earns over $1.5 million
Sundar Pichai
Trevor Bezdek
Doug Hirsch
Eric Wu
Alexander C Karp “Alex”
Griffin Myers‘
Sumit Singh
Company: Chewy
Net Worth: $141 million
Gregory B Maffei
Reed Hastings
Ted Sarandos
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