Here is the reason for Jeff Bezos only to pay a salary of $ 80,000 from Amazon

Photo of author

By [email protected]


the name Jeff Bezos It is synonymous with the Amazon and Kamlhlhlirand. Although he is one of the richest people in the world, he only pays himself a salary of approximately $ 80,000 for about 20 years, according to the New York Times.

Discover the following: I am a financial advisor: the wealthy clients are all these three things

High -return savings offers

Supported by Money.com – Yahoo may earn a commission of the above links.

find out: Are you rich or from the middle class? 8 ways to find out that beyond your salary

When asked why during Interview with the New York Times“He did not feel satisfied with taking more money” when “he already has a large amount of the company.”

He said in the interview that he felt “he had a lot of incentives” because he had more than 20 % of the Amazon and decreased by 10 % since he started selling his shares, and he did not need more wealth.

Of course, as Amazon continues to remain profitable, its stocks continue to increase the value and still make billions of dollars to it.

Bezos is not the only one A major company leader Which pushed himself a low salary. Here a few.

According to the co -founder of Google himself, a annual salary of $ 1 since 2004, when Google was announced. It earns more Google because BRIN has millions of category A shares, which are used for a royal share in the company. He also has thousands of category B shares (which still has some voting rights) of the technology giant.

The former CEO of Oracle has paid an annual salary of one dollar, but he owns about $ 90 million in stock options. Ellison also receives an equal “other compensation”, about $ 5 million.

See the following: 30 fraud numbers to block symbols and the area to avoid them

As the founder and former chief executive of Whole Foods, he also earns one dollar per year – it appears to be a common number. He has paid himself this amount since 2007. For his ownership of the grocery chain, he receives much higher compensation, not only through salary.

The co -founder and CEO of Facebook earns a higher salary than most of them in this list for $ 600,000. Yes, this is a large number of most of us, but compared to other executives and what Facebook itself brings, it looks small in comparison.

In other words, some CEOs receive millions of dollars in salaries, while Zuckerberg pays a small part of that.

Heine is the president and CEO of Urban Outfitters, a fast fashion series and lifestyle with sites all over the world. He, too, choose one dollar salary annually. However, he technically earns more than his basic salary, because he gets a reward of $ 5,000 and a million dollars from sharing the incentive non -rights plan.



https://s.yimg.com/ny/api/res/1.2/IXyZz5e6K.kJ6.JGZsNItg–/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/gobankingrates_644/836d6867a8585b9e9986c738271671a7

Source link

Leave a Comment