Survey reveals 'astronomical' payday bonanza for billionaire CEOs

clock

The top ten US CEOs have earned over $100m each for the first time, with two CEOs earning more than $1bn over the course of 2012, according to a survey by GMI Ratings.

The survey revealed Facebook CEO Mark Zuckerberg led the pack, taking home $2.27bn last year, equivalent to $6m a day. Richard Kinder of energy firm Kinder Morgan followed suit, earning $1.1bn for the year by selling restricted stock, despite a base salary of just $1. Other CEOs included in the top ten were Apple's Timothy D Cook, who earned $143m; and Starbucks Corporation's Howard Schultz - who earned $117m. Total earnings between the top ten CEOs from this year's GMI Ratings 2013 CEO Pay Survey amounted to $4.7bn. The highest earners received the majority of their pay for th...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on US

Trump confirms copper tariffs and punishes Brazil with 50% levies
US

Trump confirms copper tariffs and punishes Brazil with 50% levies

Latest escalation in global trade war

Sorin Dojan
clock 10 July 2025 • 2 min read
Trump's 50% tariff threat sends copper prices to record highs
US

Trump's 50% tariff threat sends copper prices to record highs

Pharma imports also in danger

Sorin Dojan
clock 09 July 2025 • 1 min read
JPMAM's Katie Magee: US equities provide a lesson in long-term thinking

JPMAM's Katie Magee: US equities provide a lesson in long-term thinking

Test of investor resolve

Katie Magee
clock 04 July 2025 • 3 min read
Trustpilot