According to the survey, Elon Musk is the highest paid CEO, followed by Tim Cook of Apple

Share This Post

Meanwhile, the Apple CEO earned $770.5 million in 2021 alone, mostly as a part of a 10-year grant of shares worth $1.7 billion. The tech giant ranks 3 on the Fortune 500. The company faced challenges because of the global chip shortage, but successfully began manufacturing the equipment in-house, the report said. Hang, the co-founder of NVIDIA, and Reed Hastings of Netflix bagged third and fourth spots, respectively. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Elon Musk, the CEO of Tesla and SpaceX, has topped the Fortune 500’s list of most highly rewarded CEOs in 2021. Following Musk, the top ten highest-paid Fortune 500 CEOs in 2021 are all from the IT and biotech industries, including Apple’s Tim Cook, Netflix’s Reed Hastings, and Microsoft’s Bill Gates (Satya Nadella) Musk “realised” over $23.5 billion in remuneration in 2021 after exercising certain Tesla stock options issued as part of a multiyear “moonshot” grant in 2018. This year’s Fortune 500 rated Tesla at number 65. In 2021, the corporation had a blockbuster year, pulling in $53.8 billion in sales, up 71% from the previous year.

Highlights

  • As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

  • Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

spot_img

Related Posts

Cycling games for smartphones

After researching dozens of titles, we’ve come up with...

Kovol entered the 140W GaN charger market as a new player

charging brand Kovol recommended by ZDNet and XDA, owned...

Available now on PC, PS4, Xbox One and Nintendo Switch is the Capcom Fighting Collection

Both Vampire Hunter 2: Darkstalkers’ Revenge and Vampire Savior...

Apple is ready to negotiate with its first US union shop: the source from Reuters

The successful vote came after another planned vote in...

Google Pixel’s Android lock screen takes inspiration from IOS 16 Gallery

Besides the background, the clock (when there are no...

6 iPadOS 16 features we can’t wait to try

Features that’ll let you work with external monitors, focus...
- Advertisement -spot_img