There are many careers today; however, most are not well-paying when it comes to their worth. One of the best paying position in any company is that of the Chief Executive Officer. One thing for sure is that it pays to be a CEO. However, it is important to know that not every CEO in a huge company takes home a huge salary; most of them prefer to take stock options. Are you aware of some of the highest-paid CEOs in the world today?
It is no secret that CEOs make a lot of money, especially in reputable companies. They have earned the much-coveted position, often characterized by a fancy office and a dedicated parking spot. Here is a glimpse of some of them that will surprise you. So, who is the biggest CEO in the world?
Top 10 highest-paid CEOs in the world 2020
Interestingly, some of the highest-paid CEOs in the world are not necessarily from the most prominent companies. Here is a well-detailed list of some of the highest-paid CEOs in the world 2020.
1. Sundar Pichai
If you have been wondering how much do the top CEOs make a year? Worry no more. Sundar's annual compensation for 2019 was $280.6 million. He clearly answers the question of who has the highest salary in the world. He is the current Chief Executive Officer of Alphabet Inc. and its subsidiary Google.
The high achiever was born in Madurai, India. He earned his degree from the Indian Institute of Technology in Metallurgical engineering. He then relocated to the United States, where he earned an M.S from Stanford University in materials science and engineering. He also holds an MBA from the Wharton School of the University of Pennsylvania. He started at Google in 2004 as a material engineer. Some of his projects at Google include Chrome, Gmail, Google Maps, and Android.
2. Bob Swan
Bob is the current Chief Executive Officer of Intel, and he serves on its board of directors. His 2019 annual compensation was $66.9 million. Some of the prominent companies he has worked with include General Atlantic LLC, eBay Inc., and Electronic Data Systems Corp, and TRW Inc., Webvan Group Inc., and General Electric.
3. Lisa Su
Lisa is the current CEO of Advanced Micro Devices. Her total annual compensation for 2019 was $58.5 million. She was born in Taiwan and migrated to the United States at the age of there. She always had a soft spot for math and technology. She joined MIT and studied electrical engineering. Lisa then earned her Master's and PhD. She has worked at Texas Instruments and IBM, and she is one of the highest-paid CEOs in the world 2020 according to Forbes.
4. John C Plant
John is the backbone of Howmet Aerospace, where he serves as the CEO. His 2019 annual compensation was $51.7 million. He has previously worked in the automotive industry for many years. Some of the companies he has held leadership positions in include Lucas Varity PLC, Trw Inc., and Arconic Inc., among others.
5. David Zaslav
David is the Chief Executive Officer of Discovery, a position he has held since January 2007. His annual compensation for 2019 was $45.8 million. He was born in New York and attended Boston University School of Law. He worked as an attorney for a short period before joining NBC Universal for 20 years as the President of Cable and Domestic Television.
6. Miguel Patricio
He is one of the highest-paid CEOs in 2020. Miguel is the CEO of Kraft Heinz. His total compensation for 2016 was $43.3 million. He was born in Portugal but moved to Brazil for his business degree from San Paulo Business School. Some of the prestigious positions he has held before include Philip Morris International, Coca Cola, Johnson & Johnson, and Anheuser-Busch InBev.
7. Satya Nadella
He is the current CEO of Microsoft. His annual compensation for 2019 was a whopping $42.9 million. He was born in India and went to Manipal Institute of Technology, where he earned a bachelor's degree in electrical engineering. He then moved to the United States to join the University of Wisconsin-Milwaukee for his M.S in computer science.
He commenced his career at Sun microsystems before joining Microsoft in 1992. He also started working on cloud computing, which saw revenue growth. He also served as the senior vice president of research & development for the online services division. Since then, he made significant leaps in the company to become the CEO.
8. Lachlan Murdoch
He is the current Chief Executive Officer of Fox Corporation. Most top CEOs in this list are self-made, except for Lachlan. His total annual compensation for 2019 was $42.1 million. He was born into wealth as his father, Rupert Murdoch. Lachlan attended Princeton University, where he earned a Bachelor'sBachelor's degree in Philosophy. At the age of 18, he was flown to Australia to meet his dad, where he was trained at the Daily Mirror.
9. Bill McDermott
He is the Chief Executive Officer of a software company known as ServiceNow. His annual compensation is $41.7. He got his first business at the young age of 16 years when he first purchased a Deli Gourmet in Long Island for about $7,000. He then enrolled at the Dowling College, where he studied Business Management as he continued to run his business. He used the income to pay for his college.
10. Shantanu Narayan
He is the current CEO of Adobe. In 2019, his total annual compensation was $39.1 million. The yearly company revenue was $11.2 billion. He grew up in India and earned his bachelor's degree in electronics and communications engineering. He then relocated to the United States of America to receive his MBA from the University of California Berkeley.
His first huge job was at Apple. He then moved on to work for Silicon Graphics as the director of Desktop and Collaboration Products. Shantanu then accepted a job offer at Adobe in 1998 as the Senior Vice-President of World Wide Products Research.
With the above list of highest-paid CEOs in the world, you can understand why they take home some of the enormous paycheques. The sacrifices they have made while climbing up the corporate ladders have been indeed worthwhile.
Briefly.co.za on May 25, 2020, revealed the 10 most valuable luxury brands in the world today. The luxury industry is among the fastest-growing sectors in the world. People prefer buying prestigious goods and services regardless of the cost associated due to the confidence and trust they have with the label.
Even though only a limited number of people can afford to buy these luxurious products, the sector is the fastest-growing.