These Are the Highest-Paid People on Earth. Are They Worth It?

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Income inequality is a global phenomenon in all developed nations, but it is more striking when it is put in terms of individual compensation for the executives of some of the world’s largest corporations.

Here is a list of the highest-paid people on Earth.

You decide if you think they are worth it.

Highest Paid CEOs and Executives in 2021

 

Rank Name Company Total Compensation
1 Elon Musk, CEO Tesla $10,077,116,351
2 Robert Scaringe, CEO Rivian Automotive $2,289,370,481
3 Tim Cook, CEO Apple $853,780,236
4 Peter Rawlinson, CEO/CTO Lucid $575,681,738
5 Tom Siebel, CEO C3.ai $343,925,146
6 Sue Nabi, CEO Coty $283,791,455
7 Joe Bae, Co-CEO KKR $279,100,653
8 Tomer Weingarten, CEO SentinelOne $275,775,959
9 Alex Karp, CEO Palantir Technologies $264,229,473
10 Sid Sijbrandij, CEO GitLab $263,703,427
11 Alex Rodrigues, CEO Embark Technology $252,467,967
12 Scott Nuttall, Co-CEO KKR $233,349,930
13 Brian Armstrong, CEO Coinbase $218,090,453
14 Jimmy Levin, CEO/CIO Sculptor Capital Management $200,053,339

For a fourth straight year, the pack is being led by Tesla Inc.’s Elon Musk, whose mega-grant from 2018 is allocated over a decade by the Bloomberg Pay Index. So far, he has collected 11 of the 12 tranches of stock options, which have added $78 billion to his personal fortune and helped make him the richest person on the planet.

Source: Bloomberg News, August 18, 2022.  Figures include salary, bonus, stock awards, option awards, and perks.

 

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Chuck Epstein has managed marketing communications and public relations departments for major global financial institutions and participated in the launch of industry-changing financial products. He also has written by-lined articles for over 50 publications, five books and served as editor and publisher of nation’s first newsletter on the topic of using the PC for personal investing and trading. (“Investing Online, 1994-1999). He also is a marketing consultant, writer and speaker on topics related to investor protection and opportunities in the very dynamic cannabis industry. He has held senior-level marketing, PR and communications positions at the New York Futures Exchange, Chicago Mercantile Exchange, Lind-Waldock, Zacks Investment Research, Russell Investments and Principal Financial. He has won national awards from the Mutual Fund Education Alliance (MFEA) and his web site, www.mutualfundreform.com, was named best small blog in 2009 by the Society of American Business Editors and Writers (SABEW).

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