What Did the FAANG CEOs Make Last Year? – Investopedia (blog)

The FAANG stocks are the five most popular and most closely monitored tech stocks in the world. These companies often figure among the top slots in various reputable lists, like the list of most valuable companies, the list of most admired or most respected companies or the list of companies with highest market cap.

Ever wonder how much the heads of such companies make each year? Investopedia takes a look at the pay packages of the CEOs of the FAANG companies for the year 2017.

  • Facebook Inc. (FB): Mark Zuckerberg, the chairman, CEO and co-founder of world’s largest social media empire, recently made headlines for all the wrong reasons, all thanks to the Cambridge Analytica fiasco that has tanked the company stock by around 10% since mid-March. However, his compensation for the year 2017 shot up 54% compared to the year before. Though his token salary continues to remain at $1 a year since 2013 and there is no provision for any bonus or stock awards, his total compensation stood at $8.9 million in 2017, and that was entirely attributable to his personal security and use of a private jet. The personal security cost stood at $7.3 million, up 50% from $4.9 million in 2016, and $1.52 million was for use of a chartered plane. Zuckerberg owns 401.5 million shares of Facebook, which are estimated to be worth $6.6 billion as of March 31, 2018.
  • Amazon.com Inc. (AMZN): While Amazon is worth more than $750 billion and trails at No. 2 in terms of market cap, the head of one of the world’s largest online retailer, Jeff Bezos, was paid a total of $1.7 million in cash compensation. It comprised of $81,840 as his base salary, while the remaining $1.6 million covered expenses toward his security. Bezos also owns around 78.89 million shares of Amazon as of March 2018, representing a little over 16% ownership.
  • Apple Inc. (AAPL): The iPhone maker is the largest technology company of the world by market cap with a value hovering around $885 billion as of March 2018. But its CEO since 2011, Tim Cook, is ranked a distant 71st on the list of America’s highest-paid CEOs in 2017. Cook received a total of $12 million in cash during 2017, which included a base salary of $3 million and a performance bonus and other types of compensation adding up to $9.3 million.
  • Netflix Inc. (NFLX): Netflix’s co-founder and CEO Reed Hastings took home a total of $24.4 million last year, of which $850,000 was his base salary, while he was awarded $23.5 million worth of stock options. (See also: Netflix CEO Pocketed $24M—Mostly Via Stock Options.)
  • Alphabet Inc.’s Google (GOOGL): Sundar Pichai, the CEO of Alphabet Inc’s search-engine unit, Google, received $199.7 million in compensation for 2016, in addition to a salary of $650,000, and another $372,000 toward costs for personal security services and air travel, reports news.com.au. In 2017, his salary was dropped to a token of $1. While the company is yet to disclose the compensation details for 2017, Pichai is making big headlines this week as an award of 353,939 restricted shares that he received in 2014 will vest this Wednesday, allowing him to encash  $380 million—one of the largest single payouts to a public company executive in recent years.

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