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Elon Musk, world's richest man, was 2021's highest paid CEO

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HIGHLIGHTS

Elon Musk made $23.5 billion in 2021, according to Fortune 500.

At the second spot, there is Apple's Tim Cook who was paid around $770.5 million.

Satya Nadella, Microsoft's CEO, is at the seventh spot in the list.



 Elon Musk — the world’s richest man — become the top-paid chief executive officer in 2021, in step with the Fortune 500. Musk drew a revenue of around $23.five billion (more or less Rs 1,82,576 crore) after he exercised a few Tesla inventory alternatives presented in a 2018 multiyear “moonshot” giant. According to the Fortune 500, that become with the aid of using a long way the largest paycheck a CEO ever received.



Fortune found out that Cook changed into paid $770.5 million in 2021 alone, which comprised a few bite of a 10-yr supply of stocks worth $1.7 billion. He secured the second one function at the list. During his tenure, the marketplace price of Apple rose through $2.2 trillion, so his paycheck is justified of sorts. Apple ranks 1/3 withinside the Fortune 500.


While the second changed into cornered through Cook, Nvidia’s Jensen Huang received $561 million as his reimbursement in 2021. A spokesperson instructed Fortune 500 that Huang “realised about $507 million from expiring alternatives that have been granted in 2011 and 2012, reflecting the about 60x boom withinside the company’s percentage charge over the [past] decade.”


In the fourth spot, there's Netflix’s Reed Hastings, who currently introduced numerous new measures to show earnings for the organization this is plagued with the aid of using issues, consisting of account sharing and underwhelming content material while as compared to its rivals. Hastings made $453.five million ultimate year, consistent with the Fortune 500. However, a Netflix spokesperson disputed the report. “Per our proxy statement, his repayment in 2021 changed into $40.eight million, with $650,000 in coins and $39.7 million in inventory options,” the spokesperson changed into quoted as saying.

Microsoft’s Satya Nadella secured the seventh spot at the listing with repayment worth $309.four million ultimate year. He changed into additionally voted “the maximum underrated” CEO in 2021, making him maintain the name for 6 consecutive years. Nadella has been main Microsoft seeing that 2017.


A document with the aid of using the Economic Policy Institute stated that a mean “big-company” CEO made 351 instances the profits of a mean employee on a realised foundation in 2020. The Fortune 500 evaluated the salaries of 280 Fortune 500 CEOs, who “earned a mean general repayment of $15.9 million” — up 30 according to cent from a yr earlier

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