Google Chairman Eric Schmidt Recieves $100 Million in Stock Bonus

that this past year was pretty important for Schmidt. While he doesn't run Google anymore, he's still a big part of the company. The SEC filing comes as Google is expected to announce a settlement with the European Union over a three year antitrust investigation. Schmidt was integral in these settlement talks, writes the Times, saying that he even texting Joaquin Almunia, the European competition commissioner. Schmidt already has amassed quite a wealth, with an estimated fortune of $8 billion, but when Google went public in 2004, Schmidt declined to accept a large salary. During his last six years as CEO, at his request his salary was capped at $1 and his annual bonus didn't go above $2000. Page, the current Google CEO, also gets $1 per year but has an estimated $25 billion, largely in Google stock. Tech executives have always made a lot of money, especially more recently with tech giants like Google and Apple becoming more and more successful and integral within society. While these paychecks might seem absurdly large, Schmidt's had a busy year, with Google releasing a number of new devices, that extremely popular Chromecast, and released a number of software and service updates that have gotten a lot of critical acclaim.