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.
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).
The top three countries on this list are Switzerland, Luxembourg, and Singapore, where citizens earn more than Rs. 4 lakh per month on average. Specifically, the average monthly salary in Switzerland is Rs. 4,98,567, in Luxembourg it is Rs.
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.
In theory, a chairman may have more authority than a CEO. The CEO is the company's chief leader and reports to the board of directors, which is chaired by the chairman. A CEO is responsible for carrying out the board's approved strategies and they are the ones who are most visible in action.
Steve Jobs makes the top of our list without contradicting anyone's views, hopefully. It is inspiring how Steve Jobs carved Apple's future from scratch, and then 11 years later, returned to change the fate of the company from loss to profits after his initial departure at 30 years old.
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.
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.
The average salary in Australia: Statistics and trends
The average yearly salary in Australia is 90,800 AUD (USD 60,355). Let's go through a few key indicators of the average earnings in Australia so you can fully understand salary statistics and trends in the country.
Advait Thakur is the youngest CEO in the world.
He is a 19-year-old Indian tech genius who began using computers at six and built his first website at nine. He has utilized Google's Natural Language Processing and AI APIs for several years.
CEO compensation is the total amount the CEO earns in exchange for doing their job. While CEOs receive an annual salary, their total compensation typically includes some combination of a fixed salary, performance-based bonuses and other benefits like group insurance and paid vacation.
Salary Sundar Pichai
Sundar Pichai (CEO - Alphabet Inc. & Google - United States) earns a salary of ₹16,45,58,941.00 per year.
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.
The average salary for a CXO - Chief EXperience Officer is $257,500 per year in Australia.