Tim Cook brought in $ 770.5 million in 2021 but still lost to one person
As the head of one of the world’s largest technology firms, Tim Cook is also expected to receive a commensurate salary. When analyzing the CEOs with the highest income, Mr. Cook is at the top of the list.
In the list created by Fortune magazine to compare the income of Fortune 500 CEOs, Mr. Cook ranked second with total income (including salary, stock bonus) of $ 770.5 million. In 2021, he was awarded stock worth $82 million, as well as the company spent approximately $630,630 on personal protection and $712,488 on private flights, in addition to his base salary.
According to Fortune, Mr. Cook’s earnings last year were reasonable, given Apple’s stock market performance and $95 billion profit. Total earnings do not include unexercised shares.
The only person with higher income than Apple CEO is Elon Musk, CEO of electric car company Tesla. Mr. Musk brought in $23.5 billion in 2021 by exercising his 2018 Tesla stock options. Musk is also the richest person in the world with an estimated net worth of $218.1 billion.
In third is Nvidia CEO Jensen Huang. He “just” earned $561 million in 2021. His company is considered a global leader in artificial intelligence hardware and software. The spokesman said Mr. Huang received about $507 million from stock options awarded in 2011 and 2012, Nvidia stock has grown approximately 60 times over the past 10 years.
Among the top 10 highest-paid CEOs are Reed Hastings, CEO of Netflix and Satya Nadella, CEO of Microsoft.
The average salary in 2021 of 280 CEOs in the Fortune 500 is 15.9 million USD, up 30% compared to 2020. Running a technology company is really hard, but the top leaders are also well rewarded. his sweat and tears.
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