Here's what 11 fund CEOs took home in 2023 (2024)

FAQs

Here's what 11 fund CEOs took home in 2023? ›

It might sound uncanny, but it is true: CEOs and former CEOs from major tech companies have or had salaries of just $1. Yes, Elon Musk (Tesla), Jeremy Stoppelman (Yelp), Larry Ellison (Oracle), Meg Whitman (HP), and Steve Jobs (Apple) earn or earned paychecks of just one dollar a month. Don't believe us?

It might sound uncanny, but it is true: CEOs and former CEOs from major tech companies have or had salaries of just $1. Yes, Elon Musk (Tesla), Jeremy Stoppelman (Yelp), Larry Ellison (Oracle), Meg Whitman (HP), and Steve Jobs (Apple) earn or earned paychecks of just one dollar a month. Don't believe us?

What does $1 Salary Mean? The concept of a one-dollar salary arises when top chief executives worldwide choose to receive only $1 as compensation from their companies.

2023 Startup CEO Salary Report

The average startup CEO salary in 2023 is $142,000, down from $150,000 in 2022 and $146,000 in 2021 – essentially a reversion to the typical CEO pay from 2019.

Initially, a CEO may own 100%, but this usually drops to 20-30% after multiple investment rounds. The key is to strike a balance between providing enough incentives to keep employees motivated and attracting talent and investment.

On April 13, 2015, with reporters from The New York Times and NBC News in attendance, Price told Gravity Payments staff that he was raising the company's minimum salary to $70,000 and reducing his own compensation from $1.1 million to $70,000. The story quickly went viral.

Frequently Asked Questions. $30 an hour is how much a year? If you make $30 an hour, your yearly salary would be $62,400.

If you make $28 an hour, your yearly salary would be $58,240.

Frequently Asked Questions. $35 an hour is how much a year? If you make $35 an hour, your yearly salary would be $72,800.

Who is the richest CEO in the world? ›

Elon Musk. Elon Musk, the controversial Tesla boss keeps bumping in and out of the No. 1 spot of richest CEO. His acquisition of Twitter (now called X) dropped his net worth somewhat, but as of March 10, 2023, he was back in that slot, according to Forbes.

Here are the highest-paid CEOs in the US , some of whom have 9-figure compensation packages. Broadcom's Hock Tan tops a list of highly paid CEOs. His comp was valued at $161.8 million in 2023. Most top CEOs' earnings come through stock awards, often payable over several years.

CEO compensation: United States

By company size, base, bonus, and total cash compensation all rise as revenue does, with total average cash compensation coming in at $1,427,000 at companies with revenue above $500 million.

In most organizations, the positions above the CEO include Chairman of the Board, President and Vice President. If your company is a start-up, then in some sense, a start up advisor could be seen as also being higher than the CEO.

In the past 10 years, CEO pay at S&P 500 companies increased by more than $5 million to an average of $16.7 million in 2022. Meanwhile, the average U.S. worker saw a wage increase of $15,460 over the past decade, earning on average just $61,900 in 2022. Blackstone Inc.

While the CEO is heavily involved in decision-making and business operations, the business owner will possess a smaller role in the day-to-day business. The owner may sometimes consult with the CEO, but more often, they take a less hands-on approach.