Elon Musk, the owner of companies like Tesla and SpaceX and the world's richest person, is also number one in terms of getting the highest salary among the world's Fortune 500 companies.
U.S. highest-paid CEOs 2022
Tim Cook of Apple was the second highest paid, at nearly 100,000 U.S. dollars.
Rajesh Gopinath and TCS
After years of hard work, Rajesh Gopinath was appointed as the CEO of TCS in February 2017. Gopinath, while serving as the CEO and MD received a total compensation of Rs 29.16 crore in 2023. His salary was Rs 1.73 crore added with benefits and allowances making the total amount Rs 2.43 crore.
Elon Musk
Tesla's CEO Elon Musk is the highest paid CEO in the world. His salary was USD 23.5 billion approximately in the year 2022.
Salary Sundar Pichai
Sundar Pichai (CEO - Alphabet Inc. & Google - United States) earns a salary of ₹16,45,58,941.00 per year.
Chief executives at Australia's biggest companies are earning 55 times more than a typical worker, according to the country's biggest governance adviser. CEO pay at the 100 largest listed firms averaged at $5.2m in the 2022 financial year, the Australian Council of Superannuation Investors (Acsi) said in a new report.
What is the highest salary for a CEO in India? Highest salary that a CEO can earn is ₹101.8 Lakhs per year (₹8.5L per month).
As of Jul 22, 2023, the average annual pay for a Billion Dollar in the United States is $102,500 a year. Just in case you need a simple salary calculator, that works out to be approximately $49.28 an hour. This is the equivalent of $1,971/week or $8,541/month.
Countries that pay the highest salaries globally are Switzerland, Luxembourg, Singapore, USA. Full list here. The average salary in India is below ₹50,000, reveals a latest report.
Broadly speaking, a chief executive officer's primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors and corporate operations.
Get accurate pay by adjusting the below factors. How much does a CEO make in the United States? The average CEO salary in the United States is $823,300 as of June 26, 2023, but the range typically falls between $622,300 and $1,060,800.
According to a report from CEOWORLD magazine, Pfizer CEO Albert Bourla was the top-earning CEO in the healthcare industry in America for 2022. His compensation reached $30.5 million in 2022. In 2022, Richard Gonzalez of AbbVie was the second-highest-paid CEO with a compensation of $25.8 million.
Commonwealth Bank of Australia's CEO is Matt Comyn, appointed in Apr 2018, he has a tenure of 5.25 years. His total yearly compensation is A$6.98M , comprised of 35.5% salary and 64.5% bonuses, including company stock and options. He directly owns 0.007% of the company's shares, worth A$11.83M.
Macquarie Group – which also has the highest-paid CEO and highest-paid Australian executive – also delivered the country's highest-paid CFO in Alex Harvey with pay of $10.5 million. Macquarie Group chief Shemara Wikramanayake was Australia's highest-paid CEO in 2022 for the second year in a row at $23.7 million.
1. Surgeon ($457,281) Surgeons were the top-paying job in the country, making an eye-watering $457,281 per year. There are 4,157 in Australia.
The average annual salary in Australia is $68,900 and $35.30 per hour. It is just the average salary for basic workers but skilled and experienced workers also earn around $108,980 annually. The average salary also varies depending on the field of work and the job role of workers.
Every situation is a bit different, but the short answer is most CEOs have at least a bachelor's degree and five years of management experience before they become a CEO. It is also recommended to have an MBA to become a CEO.
Alphabet CEO Sundar Pichai received $226 million in total compensation in 2022. Most of the pay came through stock awards, according to a securities report filed by the company on Friday. The CEO's compensation package also included almost $6 million for personal security in 2022.
Analyzing the components of pay for S&P 500 CEOs to understand the drivers of pay changes, the median base salary for an S&P 500 CEO was $1.3 million in 2023, representing a median change of 2.9 percent compared with the previous year.
Apple CEO Tim Cook 's net worth and salary
In 2022, Cook received compensation of $99.4 million (over Rs 815 crore), including $3 million in base salary, about $83 million in stock awards and a bonus. This was slightly up from 2021, when his total pay package was $98.7 million, Apple said in regulatory filing.