Amazon Web Services CEO Andrew Jassey received total compensation of $35.6 million in 2016, making him the highest-paid executive at Amazon.com, Inc. AMZN 0.37%. CEO Jeff Bezos, on the other hand, earned just $1.7 million last year.
Facebook Inc FB 0.63%’s Mark Zuckerberg, HP Inc HP 1.79%’s Meg Whitman and Icahn Enterprises LP IEP 0.08%’s Carl Icahn have three of the lowest CEO salaries in the country. But don’t think for a moment that these three business tycoons are simply charitable with their time.
High-ranking business executives often receive a large percentage of their annual compensation in company stock. Others, such as Bezos, already own so much company stock that market returns can be massive.
A Look At The 6
When stock-based compensation is included, here’s a look at Forbes’ list of the six highest-paid executives in the world:
1. John Hammergren, McKesson Corporation MCK 2.9%
- Annual earnings: $131.2 million
2. Ralph Lauren, Ralph Lauren Corp RL 0.59%
- Annual earnings: $66.7 million
3. Michael Fascitelli, Vornado Realty Trust VNO 1.09%
- Annual earnings: $64.4 million
4. Richard Kinder, KinderMorgan Inc KMI 2.56%
- Annual earnings: $60.9 million
5. David Cote, Honeywell International Inc HON 0.1%
- Annual earnings: $55.8 million
6. George Paz, Express Scripts Holding Company ESRX 0.75%
- Annual earnings: $51.5 million
As of late 2016, Bezos, Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)’s Warren Buffett and Zuckerberg were ranked…
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