Highest-Paid CEOs | AFL-CIO (2024)

FAQs

Who is the highest paid CEO in the world? ›

In 2021, Elon Musk received the highest compensation till date as a CEO. This compensation was a mix of salary from the company and stock options awarded to him by the company. This showed the importance of a CEO to the rest of the world. Let us take a look at the top 10 highest paid CEOs in the US.

US CEO compensation

By company size, base, bonus, and total cash compensation all rise as revenue does, with total median cash compensation coming in at $1,639,000 at companies with revenue above $1 billion. By industry, CEOs at financial services firms are paid the most: $1,013,000 in median total cash compensation.

Since 2009, Larry Ellison's salary has amounted to just $1 a year. But, don't feel too bad for the guy—he's also the fifth richest person in the world with a net worth of $43 billion. Last year, Ellison raked in a package valued at $96 million, mostly from perks, stock options and performance cash bonuses.

The most overpaid, in their analysis, was Warner Brothers Discovery (WBD) chief David M. Zaslav, who was paid nearly a quarter billion dollars in 2022 only to deliver a five-year annualized total shareholder return of -11.6%. 1 The chart below shows how the top 10 most overpaid CEOs performed relative to the S&P 500.

In the past 10 years, CEO pay at S&P 500 companies increased by more than $5 million to an average of $16.7 million in 2022. Meanwhile, the average U.S. worker saw a wage increase of $15,460 over the past decade, earning on average just $61,900 in 2022. Blackstone Inc.

The chief executive officer (CEO) is the highest-ranking person in a company. While every company differs, CEOs are often responsible for expanding the company, driving profitability, and, in the case of public companies, improving share prices. CEOs manage the overall operations of a company.

Business owner is the job or career that makes the most millionaires. A job in sales, such as real estate or SaaS (Software as a Service) can also make you a millionaire after several successful years. The investment field can also make you a millionaire. Certain surgeons can also become millionaires.

'. Company Performance: One of the most significant factors impacting CEO pay is company performance. CEOs are often rewarded handsomely when their companies achieve exceptional financial results and outperform their competitors.

Who is the highest paid person in Apple? ›

Tim Cook is Apple's highest-paid CEO and the fourth-highest-paid CEO in the United States. Cook is an extremely active and public executive.

Mark Zuckerberg

Zuckerberg's official salary remains a symbolic $1, according to Meta's 2023 SEC filing. Yes, you read it right. His salary is $1 and follows a trend Zuckerberg established in 2013.

$1 hourly is how much per year? If you make $1 per hour, your Yearly salary would be $2,080. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 40 hours a week.

A seven-figure job refers to the number of digits listed in your salary. This includes people who earn anywhere from $1 million to just under $10 million per year. Many people may consider this salary range to be well above average.

1. Chief Executive Officer (CEO): The CEO role commands the highest salary, with an average annual income of $185,355. Key qualifications include a Master's degree in Business Administration (MBA) or a related field, extensive senior management experience, and exceptional leadership and communication skills.

Disney paid Iger, who returned as Disney CEO in late 2022, just under $31.6 million last year.