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Network World - Be honest, you salivate when you see those stories about mega rich people. You are a bit envious, definitely jealous but then say to yourself that you must have a better quality of life than that millionaire. Anything to rationalize the situation.
But come on, $20 million for an annual salary? What could a person possibly do with that much money? OK, sure we can all come up with a list of things to spend it on.
According to research by Network World Editor Ann Bednarz, the CEO pay scale continues to rise with no signs of slowing down. That is unless you are Google CEO Larry Page, who once again took him a handsome paycheck of $1 last year.
Apple CEO Tim Cook is at the other end of the spectrum, whose annual compensation came in at $378 million. That number is a bit skewed since $376 million of it is a promotion and retention award.
Cook knocked off the mighty Larry Ellison, who has been known for his lavish lifestyle. The Oracle CEO was second on the list at $77.6 million, despite only earning a $1 salary. The $13.3 million bonus well makes up for that shortfall.
The high salaries are not just confined to CEOs. CIOs have pocketed high salaries as well with Laurie Douglas from Publix Super Markets leading the way with $695,114.
To find out more about the big bucks these people are making, become a Network World Insider (free registration is required) and download the pdf. You can also find out why Mark Zuckerberg is a bad role model for aspiring tech execs.
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