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$1 salary for Google CEOs

Ades [PersonRank 6]

Saturday, April 9, 2005
17 years ago

Google's chief executive officer and co-founders are taking a page out of Apple CEO Steve Jobs' book: they are now being paid just $1 as an annual salary.

But despite these sales, Google's three leaders still have a lot of their net worth tied up in Google's stock. According to the proxy, Schmidt owned approximately 13.9 million shares of Google as of the end of March while Brin and Page each owned nearly 36.5 million shares.

Based on current prices, that would make Schmidt's stake worth nearly $2.7 billion while Brin and Page are worth about $7.1 billion on paper.

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