Fortune 500 list evaluated the pay packages of 280 Fortune 500 CEOs, who earned a median total compensation of $15.9 million, up 30% from a year ago.
When calculating a CEO’s total realized pay, the following were taken into account: salary and bonuses; other compensation such as vested restricted stock grants, long-term incentive payouts and perks; and stock gains in the form of value realized from exercising stock options. The total compensation was not calculated because the value of unexercised options was unpredictable.

After Musk, the most highly compensated Fortune 500 CEOs are all tech and biotech, including Apple’s Tim Cook. Reed Hastings, Leonard Schleifer, Robert A. Kotick, Hock E. Tan, and Safra A. Catz are just a few.

The list of the highest-paid CEOs was published by Fortune500.

The shutter stock.

Why do Rich CEOs take a $1 salary?

There is 1. Musk is worth $23.5 billion.

According to a report by Fortune, Musk’s company brought in $53.8 billion in revenue in 2021, a 71% increase over 2020. The company delivered 936,000 vehicles in the year 2021, an increase of 87%, and has a market share of 14.
2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2 Apple’s CEO, Tim Cook, has a net worth of $770.5 million.

As per the Fortune report, Tim Cook earned $770.5 million in 2021, mostly as a part of a 10-year grant of shares. According to reports, Apple’s market value has increased by over $2 trillion since 2011.
According to an SEC filing, Apple’s CEO Tim Cook received almost $100 million in compensation in the fiscal year that ended in September.

$3 million in salary,$12 million bonus for hitting Apple financial and environmental goals, $139 million in other compensation, and $82.35 million in stock awards were included in the pay disclosure.

2. Jensen Huang has a fortune of $560 million.

The co-founder of the company is Huang. Over the last decade, the company’s share price has increased by 60x, and during the last fiscal year, the company realized about $507 million from expiring options that had been granted in 2011.

There are 4 people. Reed Hastings had an income of $450 million.

The co-founder, CEO, and chairman of the company is Hastings.
Fortune’s analysis of Hastings’ realized pay of $450 million was disputed by a spokesman, who said the total value of his “granted” compensation was $40.8 million, with $650,000 in cash and $37 million in stock.

There is 5. Leonard Schleifer’s company, Regeneron Pharmaceuticals, has a value of $462 million.

Regeneron is a company that makes a variety of medications that treat asthma, cancer, chronic pain and more.

The company’s revenue rose 89.1% due to the company’s REGEN-COV antibody treatment.

According to Fortune’s analysis, the bulk of the realized pay reflects the exercise of long-held options that were reaching their ten-year expiration point.

There is a 6. The value of the company is $439.4 million, according to the person.

“The End of Software” is the slogan of the company founded by Benioff. The growth of the cloud-based customer relationship management platform has been aided by its acquisitions. According to the Fortune report, its revenue rose in 2011.

There is 7. Microsoft had a total of $309.4 million.

According to the survey behind Fortune’s World’s Most Admired Companies, Microsoft CEO Nadella was the most under appreciated CEO for the sixth year in a row. Since the beginning of the year, Nadella has headed that list.
As per the Fortune report, Microsoft earned 61 billion dollars last year, making it the fourth largest company in the Fortune 500, thanks to a successful Surface laptop and tablet launch.
It was 8. Robert A. Kotick had a total of $296.7 million.

Kotick became the CEO of the company in 1991. The gaming giant’s CEO, best known for games like Call of Duty and World of Warcraft, earned $296.7 million last year.
There is 9. $288 million was earned by Hock E. Tan.

Since 2015, Tan has been CEO of the company.

According to a report by Fortune, the revenue of the company rose 14.9% in the year.

There is a 10. Safra A. Catz is from Oracle.

Catz joined the company in 1999 as a senior vice president and became CEO in 2019.

According to reports, Oracle has struggled with sluggish revenue growth in recent years. The company slid down the list. As of May 2022, the $28 billion deal to acquire electronic health records company Cerner was still under regulatory review in the U.S. and Europe.

Forbes’ list of the world’s billionaires is out. Here’s a quick recap of its highlights.

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