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Salary? What's A Salary? The Highest Paid Execs By Stock Holdings

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Salary? What's A Salary? The Highest Paid Execs By Stock Holdings

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. (NASDAQ: AMZN). CEO Jeff Bezos, on the other hand, earned just $1.7 million last year.

Facebook Inc (NASDAQ: FB)’s Mark Zuckerberg, HP Inc (NYSE: HP)’s Meg Whitman and Icahn Enterprises LP (NASDAQ: IEP)’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 (NYSE: MCK)

    Annual earnings: $131.2 million

2. Ralph Lauren, Ralph Lauren Corp (NYSE: RL)

    Annual earnings: $66.7 million

3. Michael Fascitelli, Vornado Realty Trust (NYSE: VNO)

    Annual earnings: $64.4 million

4. Richard Kinder, KinderMorgan Inc (NYSE: KMI)

    Annual earnings: $60.9 million

5. David Cote, Honeywell International Inc (NYSE: HON)

    Annual earnings: $55.8 million

6. George Paz, Express Scripts Holding Company (NASDAQ: ESRX)

    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 as the three S&P 500 company CEOs with the largest personal equity stakes in their respective companies. Each of the three CEO owns more than $50 billion of stock in their own company.

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Posted-In: Andrew Jassey CEOs Jeff Bezos Mar ZuckerbergNews Education Management General Best of Benzinga

 

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