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Mark Zuckerberg is the highest paid CEO at $2.28 billion

Facebook's CEO earns top spot as highest paid CEO in North America says new report (NASDAQ:FB)

| Business, Financial & Legal News | Posted: Oct 24, 2013 12:30 am

If you thought that Apple's Tim Cook, Microsoft's Steve Ballmer, or even Google's Larry Page held the top spot for highest paid CEO in North America, you are sadly mistaken. Today a report released by GMI Ratings shows that in fact, it is Facebook's Mark Zuckerberg who claims the #1 spot as highest paid CEO.

 

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During the last fiscal year Zuckerberg received a total compensation of just over $2.28 billion, most of which came from share options when Facebook completed its IPO in which Zuckerberg exercised 60 million stock options that he was given in 2005 and vested in 2010. This landed him more than $2.7 billion in profit when the IPO launched at $38 per share.

NEWS SOURCES:Bizjournals.com

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