CEO pay continues to outpace the pay of working people across the country. 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.
Hock Tan, CEO of chipmaker Broadcom, tops the list, with an annual compensation of $161.8 million in 2023. Like Nvidia, the company has benefited from surging demand for AI technologies. Broadcom supplies the networking chips used in data centers for big tech companies, including Microsoft.
What is the average salary of a CEO in the world? ›| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $132,000 | $11,000 |
| 75th Percentile | $100,000 | $8,333 |
| Average | $82,146 | $6,845 |
| 25th Percentile | $54,500 | $4,541 |
Estimating 2024 Salaries
That being said, we can estimate what 2024 CEO salaries will be based on recent trends - we estimate that the average CEO salary in 2024 will be $140,000, slightly down from the $142,000 that they were paid in 2023.
| CEO | Reported pay | |
|---|---|---|
| 1 | Shemara Wikramanayake | $30,404,240 |
| 2 | Greg Goodman | $14,163,551 |
| 3 | Alan Joyce | $11,919,000 |
| 4 | Mike Henry | $11,162,444 |
A number of top executives in large businesses and governments have worked for a one-dollar salary. One-dollar salaries are used in situations where an executive wishes to work without direct compensation, but for legal reasons must receive a payment above zero, so as to distinguish them from a volunteer.
Who has the highest salary in the world? ›1. Chief Executive Officer (CEO) Topping the list, being a CEO gets you the highest paying job in the world, no matter where you work. A CEO is the highest-ranked position in any organisation's structure.
What is the largest CEO bonus ever? ›In 2020, Musk received a stock award worth $2.28 billion, which was the largest CEO compensation package in history. As of February 2023, his net worth is estimated to be around $117 billion.
How much does a CEO of a $5 million company make? ›The statistical bottom wage for an association CEO is around the 10th percentile of peer organizations, according to new research from ASAE's Executive Compensation Study (ECS) team. For a chief staff executive running an organization with annual revenue between $3.5 million and $5 million, that's $177,035.
What country pays CEOs the most? ›In that year, for every U.S. dollar an average worker received, the average CEO earned 265 U.S. dollars. India, the United Kingdom, South Africa, and the Netherlands rounded out the top five for countries with the highest CEO to worker pay.
Which CEO makes $1 a year? ›Since 2009, Larry Ellison's salary has amounted to just $1 a year. But, don't feel too bad for the guy—he's also the fifth richest person in the world with a net worth of $43 billion. Last year, Ellison raked in a package valued at $96 million, mostly from perks, stock options and performance cash bonuses.
Who else is paid more than $100 million? Camara is one of just nine CEOs with pay packages exceeding $100 million. Blackstone CEO Stephen Schwarzman tops the list with a $253 million pay package last year.
How much does a CEO of a $1 billion company make a year? ›US CEO compensation
By company size, base, bonus, and total cash compensation all rise as revenue does, with total median cash compensation coming in at $1,639,000 at companies with revenue above $1 billion. By industry, CEOs at financial services firms are paid the most: $1,013,000 in median total cash compensation.
Broadcom CEO Hock E. Tan was awarded a total pay package of nearly $162 million, making him the highest-paid CEO on this year's Equilar 100 list. Tan was one of three CEOs to be awarded a nine-figure pay package—Nikesh Arora (Palo Alto Networks) and Sue Y. Nabi (Coty) were the other two.
How much does a CEO of a 20 million dollar company make? ›Assuming, a company is generating $15–20 million USD in revenue. At a profit margin of 20%, the company would be making $3–4 million USD in profit. The CEO might cost them upward of $100,000 but under $300,000. The scenario changes if the CEO is a primary equity holder in the company.
What is the highest paying job? ›Unsurprisingly, Brian Moynihan, Chairman and CEO of Bank of America, has topped the global ranking of the world's best CEOs across all industries for 2024. Jamie Dimon, Chairman and CEO of JPMorgan Chase, has secured the second spot, followed by Amin H. Nasser, CEO of Saudi Aramco, at No. 3, Darren W.
Does CEO get paid more than owner? ›While the average salary is significantly lower for business owners than for CEOs, many people find that the satisfaction of owning and operating their own business makes up for the lower salary.
Who is more powerful CEO or CEO? ›THE CEO. Most companies will have several executive directors responsible for the day to day running of the business and these director report directly to the CEO. Above all others, the CEO is the top decision maker in the business who will delegate responsibilities to their executive management team.
Who are the highest paid Google executives? ›Here is the breakdown of Google's five most highly compensated executives in 2022, which includes: Chief Legal Officer Kent Walker; Chief Financial Officer Ruth Porat; Google's Knowledge and Information leader Prabhakar Raghavan; Chief Business Officer Philipp Schindler; and CEO Pichai.
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