Evan Spiegel Turned A Bunch Of Snaps Into $10 Million A Year
Snapchat CEO Evan Spiegel is worth $2.1 billion on paper. Of course, until his company goes public or is acquired by another firm, he won’t actually have billions of dollars in the bank. To hold him over in 2014 the company’s CEO took a salary of $10 million. Not bad for a company that has failed to turn a profit at this time. His salary has remained in line with what he claimed two years ago.
Groupon Struggled But CEO Rich Williams Thrived
Groupon may have passed its prime but CEO Rich Williams has continued to rake in the cash. In 2015, he claimed a salary of $12.4 million. While the company hasn’t turned into the multi-billion juggernaut its investors has hoped for, the company did report a $94.8 million profit in 2015, up from a loss of $104 million the year prior.
Dara Khosrowshahi Crushed It At Expedia
If you’re booking a hotel room, flight, or even entertainment packages, there’s a good chance you will visit Expedia.com to compare prices and possibly book your next trip. Leading the charge at the company in 2015 was CEO Dara Khosrowshahi. He took home a crazy sum of cash valued at $94.6 million. While he only claimed $1 million in salary, he was awarded a $2.75 million bonus and $90.8 million in stock options.
Mark Zuckerberg Puts His Cohorts To Shame
Mark Zuckerberg may only earn $1 per year in salary from Facebook but his massive wealth grew rapidly in 2016. In one single day, Zuckerberg added $1.6 billion to his personal net worth after a better than expected sales cycle. During one point in 2016, his net worth climbed to $56.6 billion, making him the fifth-wealthiest person in the world. On a positive note, Zuckerberg and his wife Priscilla Chan, are working hard to give away all of their money to people and organizations in need.