The Top 20 Highest paid CEOs in the World 2023
The Top 20 Highest paid CEOs in the World 2023
Have you ever thought about how the big companies work, what work their CEOs do, and most importantly how they earn a salary that appears to come from another planet? If yes then we must tell you that the world of the highest-paid CEOs in 2023 looks just like that. These people are not just corporate kings but they are the thinkers and planners behind some of the most significant companies in the world. They don’t only make a lot of money; their earnings are unheard of. Yes, you heard it absolutely right.
In today’s blog, we will journey through the lives and narratives of the top 20 CEOs in terms of pay in 2023. It’s not only about the amazing figures but also about the extraordinary experiences and choices that resulted in these excessive incomes, These CEOs have achieved the heights of success and are definitely inspiring people to keep working hard.
|Amir Dan Rubin
Please note that all the figures and ranking is as per Editorialge report, hence kindly check with latest figures.
Elon Musk: $221.5 billion
Elon Musk, the inventor of Tesla, is a fascinating figure in the realm of technology and electric vehicles. was born in South Africa in 1971, and his journey is quite inspiring for all of us. He co-founded a few businesses before Tesla, including Zip2 and PayPal which also did quite well at that time.
To your surprise, we must tell you that Elon’s 2020 compensation package was worth more than $6.6 billion which made him CEO for three years in a row in the United States. Tesla doesn’t pay a regular salary to Elon. Instead, when the company archives a specific goal and its value increases as a firm, Elon is entitled to receive “stock options”.
Stock options give a big advantage as even though the Tesla shares are quite high such as $1200 each, he is allowed to purchase them for a ridiculously low price of around $70 each.
As per the latest report, Elon Musk now has a net worth of almost $260 billion as a result of this deal and Tesla’s success, which has made him extremely wealthy.
Mike Pykosz: $568 million
The CEO of a business called Oak Street Health is Mike Pykosz. It is a location where the health of individuals is taken care of. Now, Mike is not just your typical CEO because he pledged to improve healthcare, particularly for seniors. He is making a lot of effort, together with his team, to make visiting the doctor as simple and approachable as visiting a friend. Therefore, while having a fancy title, Mike is actually all about serving others in maintaining their health and happiness.
Over $500 million has been earned by Mike Pykosz in stock and options, which is an impressive figure. His overall compensation was large due to his bonus of more than $390,000 on top of his around $580,000 monthly salary.
Trevor Bezdek: $497 million
The CEO of GoodRx, Trevor Bezdek builds a business that supports those interested in saving money on their prescription medicines. The primary goal of Trevor’s work is to figure out how to make healthcare more affordable and easily accessible for everyone in the world .
Trevor Bezdek made a lot of money in 2020. His pay and bonus were about $980,000, which is a great figure. But it was the fact that he received stock awards worth approximately $500 million that sketched people’s attention. That’s an impressive amount of money, ranking him among the highest-paid CEOs.
Douglas Hirsch: $497 million
Douglas Hirsch is one of the company’s key employees and earned around $497 million in 2020 as per the reports. It’s quite noticeable for us to remember that his earnings are really comparable to another CEO of the company. The difference in amounts they received is only due the the extra perks they get. Hirsch receives a little less in other perks which is about $7,000, whereas Bezdek gets about $9,500.
Eric Wu: $388 million
Eric Wu, the CEO of Opendoor Technologies, earned a stunning $388 million in 2020. Opendoor is a company that assists people in buying and selling homes, and they began selling their stock on the stock market in December 2020. This major shift in the company increased Eric Wu’s earnings by a whopping 134,000% over the previous year!
The majority of his $388 million came from “stock awards,” which are basically a special bonus you get when your firm goes public. His regular wage, on the other hand, was only $189,000 per year. That’s not much money when compared to other major CEOs.
Robert Antokol: $281 million
The Chief Executive Officer and co-founder of Playtika, a business that specializes in creating delightful mobile and computer games, is Robert Antokol. Playtika is led by Mr. Antokol with the tenacity of a captain as he navigates the ever-changing gaming geography.
Antokol is one of the world’s highest-paid CEOs and as per recent reports, he received $372 million as compensation from the company.
Alex Karp: $369 million
Alex Karp is the boss at Palantir Technologies, a company that deals with fancy computer programs for analyzing data. In 2020, Palantir became a public company, which means they started selling shares to the public. Before that happened, they gave Karp 141 million special options that became valuable over time. These options made him more than $250 million richer. Besides that, he got a regular salary of $1 million a year, plus an extra $3.1 million in benefits. So, in total, he made a pretty big sum of $369 million.
Geoffrey Price: $356 million
Geoffrey Price has been the leader of Oak Street Health since 2012, and he’s also on the board of directors there. Before he started this company, he worked as a consultant from 2010 to 2012 and then as a project leader at Boston Consulting Group from 2012 to 2013. He’s an American. Now, here’s the surprising part: he makes more than $356.2 million every year at Oak Street Health. Price is 40 years old and studied engineering at the University of Illinois Urbana-Champaign. He also got an MBA from Harvard Business School. So, he’s quite accomplished.
Sundar Pichai: $280 million
Sundar Pichai’s annual salary as Alphabet and Google CEO is $280.6 million He was appointed in October 2015 and joined the Board of Directors in July 2017. Furthermore, the CEO received a $240 million stock package in 2019. which will vest in 2023. His nationality is Indian. Sundar Pichai holds a bachelor’s degree in metallurgical engineering from the Indian Institute of Technology, a master’s degree in materials science and engineering from Stanford University, and an MBA from the University of Pennsylvania’s Wharton School. He joined Google in 2004 as a material engineer, and some of his Google projects include Chrome. Gmail. Google Maps, and Android.
Tim Cook: $265 million
Tim Cook took over as CEO of Apple when Steve Jobs died in 2011. He’s known for generating a lot of money, and he’s predicted to earn roughly $265 million in 2020. His regular CEO compensation was $3 million, which is certainly a lot of money, but what really jumped out was his $10.7 million bonus and a whopping $250 million in stock awards. So, while $3 million is wonderful, the bonuses and stock options increased his total earnings significantly.
David Zaslav: $246 million
David Zaslav has been Discovery’s CEO since 2007, and he is known for making a lot of money. He earned a stunning $246 million in 2021, far exceeding his earnings in the previous two years ($37.7 million in 2020 and $45.8 million in 2019). The reason for this significant boost in his income is the merger of Discovery and Warner Media. Discovery Inc. disclosed all of this information about the salaries of their senior executives. David Zaslav is from New York and attended law school at Boston University, however, he did not practice for long. He worked for NBC Universal for over 20 years, where he was in charge of Cable and Domestic Television.
Chad Richison: $220 million
Chad Richison is the CEO of Paycom, a provider of online payroll software. His reported income of $220 million is astounding. However, there is a catch. In 2020, Richison received a $ 829,000 CEO salary and bonus and about $736,000 in benefits. The remaining $218 million of his overall remuneration package, however, is comprised of restricted stock awards. Richison will be able to purchase those shares only if Paycom fulfills specified ambitious share price targets. So, while Richison seems to be among the highest-paid CEOs on paper, the majority of his 2020 declared remuneration may not be received.
Amir Dan Rubin: $199.05 million
Amir Dan Rubin is a 50-year-old American citizen, who received a $199 million pay package from 1Life Healthcare, Inc. which is also known as One Medical. From January 2016 to August 2017, he worked as the President and CEO of 1Life Healthcare. Being a CEO, he earned a big amount of $199 million in total earnings.
Satya Nadella: $49.8 million
Satya Nadella is the CEO of Microsoft and has been since 2014. In 2021, he will also assume the job of Chairman. He earns an annual salary of more than $49.8 million. Satya was born in India and attended school there before moving to the United States to study computer science at the University of Wisconsin-Milwaukee and pursue an MBA at the University of Chicago.
Shantanu Narayan: $45.9 million
Shantanu has been the CEO of Adobe Inc. since December 2007 and has previously served as the company’s president and COO. He makes more than $45.9 million in annual pay. The annual sales of the company is around $11.2 billion. Narayen was born in Hyderabad, India, into a Telugu-speaking family. He was assigned to the Hyderabad Public School. His mother was a teacher of American literature and his father was a plastics company owner He was assigned to the Hyderabad Public School.
Miguel Patricio: $43.2 million
Miguel Patricio is on course to be one of the highest-paid CEOs in the world by 2023. He is the CEO of Kraft Heinz and earns a total pay of more than $43.2 million. Patricio has led the company since 2019 and joined the board in 2021. He was born in Portugal but migrated to Brazil to attend the Business School of San Paulo. Prior to joining Kraft Heinz, he held positions at Philip Morris International, Coca-Cola, Johnson & Johnson, and Anheuser-Busch InBev.
Bill McDermott: $41.7 million
Bill McDermott is the CEO of the software business ServiceNow, and his yearly remuneration is more than $41.7 million. Prior to that, he was the CEO of SAP SE, a technology business. What’s particularly remarkable is that he acquired a Deli Gourmet in Long Island for roughly $7,000 when he was 16 years old and launched his first business. He worked hard running his firm to pay for his tuition while studying firm Management at Dowling College. So he’s had an aptitude for business since he was a child.
Lachlan Murdoch: $27.7 million
Lachlan Murdoch, the CEO and executive chairman of Fox Corporation. In 2021, he earned a total yearly income of $27.7 million, which was somewhat lower than the $29.2 million he earned in 2020. But that’s still a substantial salary! Lachlan is also the co-chairman of News Corporation, the executive chairman of Nova Entertainment, and the founder of Illyria Pty Ltd, an Australian investment firm. He’s a very busy and accomplished man. Princeton University awarded him a Bachelor of Arts in Philosophy.
Bob Swan: $66.9 million
Bob Swan used to be the top administrator at Intel, and his payment of$66.9 million in 2019 was the topmost ever for a CEO. He didn’t, still, begin at the top. He attended Corcoran High School before earning a bachelor’s degree in business administration from the University at Buffalo School of Management and a master’s degree in business administration from Binghamton University. As a CFO, he worked for eBay, Electronic Data Systems, and TRW Inc. He joined Intel as CFO in 2016, and he served as CEO from January 2019 to February 2021. Indeed though he’s no longer CEO, his enormous earnings at Intel will be regarded as an accomplishment in CEO history,
John Plant: $39.1 million
Howmet Aerospace Inc.’s chairman and CEO, John Plant, makes more than $39.1 million every year. He has considerable knowledge of the motor industry. Among the companies where he has held executive positions are Lucas Varity PLC, Trw Inc, and Arconic Inc.
We hope that these CEOs have inspired you to keep working hard and have faith in yourself. We wish you all the best for your future. Happy Reading.