Here’s why Jeff Bezos paid $80,000 from Amazon
name Jeff Bezos It is synonymous with Amazon and as a big-money person. He is one of the wealthiest people in the world, but according to the New York Times, he has only paid a salary for about 20 years.
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Why and Interview by the New York TimesBezos said when he “already owns a considerable amount of company”, he “didn’t feel good about doing more.”
He said in an interview that he owns more than 20% of Amazon and felt that he had “enough incentives” since he fell 10% since he began selling his shares.
Of course, Amazon continues to remain profitable, so his stock on Amazon continues to grow in value and still earns billions.
Bezos is not the only one Leaders of large corporations Who paid the low salary? Here are some.
The Google co-founder reportedly pays a small salary of $1 a year since Google was published in 2004. He earns more from Google as Brin owns millions of Class A shares. This is used to take ownership of the company. He also has thousands of Class B stocks (still have some voting rights) from the tech giants.
The former Oracle CEO also pays a $1 salary per year, but owns approximately $90 million in stock options. Ellison also receives equal “other compensation” and receives about $5 million.
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As the founder and former CEO of Whole Foods, he also earns $1 a year. It seems to be a popular number. He has been paying this amount since 2007. Because of ownership in the grocery chain, they receive much higher compensation, not just salaries.
Facebook’s co-founder and CEO earns a salary of $600,000 more than most on this list. Yes, that’s a big number for most of us, but it seems small in comparison to what other CEOs and Facebook itself brings.
In other words, some CEOs are paid millions of dollars, while Zuckerberg is paid in part.
Hayne is the president and CEO of Urban Outfitters, a first fashion and lifestyle chain with locations all over the world. He also opted for a salary of $1 a year. However, he technically earns more than his base salary. This has received participation in a $5,000 bonus and a $1 million non-equity incentive plan.