Jobs now a cheap date?
May 2nd 2008
Although Apple CEO Steve Jobs only gets a $1 a year salary, you shouldn't be too concerned about his finances.
Forbes annual CEO compensation report claims that El Jobs pulled in $14.6 million in mostly stock-related income last year, earning him the No 11 position on the publication's best-paid tech CEO list. Oracle's Larry Ellison topped Forbes ranking of best-paid tech CEO's and is No 14 on their billionaire listing with $25 billion in assets.
It's worth remembering that El Jobs was compensated to the tune of $646 million in 2006, earning him the top spot on Forbes list that year.
Grounded?
AppleInsider is reporting on expenses related to El Jobs' use of his $43.5 million private plane, given to him by the company back in 2000.
Whereas the iCEO racked up $563,000 in plane-related billables in the first six months of 2007, thought to be related to the iPhone launch, Jobs' plane likely didn't leave the hanger in the first three months of this year as claimed expenses amounted to just $30,000.
Editor's note: It can be argued that Apple's CEO is both over and under compensated. In the pantheon of excess that is CEO compensation in America, Steve's something of an also ran...
What's your take?
