Are you looking for the highest paid CEO in 2022, the highest paid CEO in the world, or who is the highest paid CEO in the world in 2022? We know that everyone is curious about them and wants to know more. They give ambitious people a lot of motivation to show up, work hard, and use their skills to get to the top. You will find all the answers here. So, stick around.
Every year, the world keeps track of how much money the top CEOs (Chief Executive Officers) have made and keeps a close eye on their bank accounts. Aside from that, their data, knowledge, and salaries are things that many people look up to.
In 2022, these CEOs with the most money take their skills to the top and work almost 16 hours a day to reach their goals. Here are the 10 highest paid CEOs in 2022, based on what Bloomberg says about their salaries, bonuses, and earnings.
If you’re looking for the highest paid CEO in the world in 2022, click here. If you’ve read this article, you know that it’s about Forbes, the highest paid CEO of 2022, and why Elon Musk is one of the highest paid CEOs in the world.
Since a long time ago, the huge amounts of money that the highest paid CEOs in the world make have been a source of debate. Surely there are some good things about being in charge? I’m sure that everyone agrees with me on this. Most of these executives had to work hard to get where they are now. But facts and numbers show that hard work and determination don’t always lead to a salary as high as these bosses’.
Forbes and Bloomberg are two examples of news outlets that have written about it. Here, we list the CEOs who make the most money in the world and how much money they have. In the table below, you can see where the eight highest paid CEOs work and how much they make.
|
Rank |
Name |
Company |
Total Annual Compensation (2020) |
|
1. |
Elon Musk |
Tesla (NASDAQ: TSLA) |
$6.65 Billion |
|
2. |
Mike Pykosz |
Oak Street Health (NYSE: OSH) |
$568 Million |
|
3. |
Trevor Bezdek (co-CEO) |
GoodRx Holdings (NASDAQ: GDRX) |
$497 million |
|
4. |
Douglas Hirsch (co-CEO) |
GoodRx Holdings (NASDAQ: GDRX) |
$497 million |
|
5. |
Eric Wu |
Opendoor Technologies (NASDAQ: OPEN) |
$388 million |
|
6. |
Robert Antokol |
Playtika |
$281 Million |
|
7. |
Alex Karp |
Palantir Technologies (NYSE:PLTR) |
$369 million |
|
8. |
Geoffrey Price |
Oak Street Health |
$356.2 million |
|
9. |
Sundar Pichai |
Alphabet and Google |
$280.6 million |
|
10. |
David Zaslav |
Discovery |
$246 million |
1. Elon Musk: $221.5 Billion
Elon Musk is the CEO of Tesla, a company that makes electric cars. He is a bit strange. His total pay package for 2020 was worth more than $6.6 billion.
Musk has been the highest paid CEO in the US for three years in a row, even though Tesla doesn’t pay him a salary. Instead, he gets paid when the company reaches certain growth and market capitalization milestones. Musk can use these options to buy Tesla stock, which was worth nearly $1,200 per share at the beginning of January 2022, for a crazy low price of $70 per share.
Musk, who is said to be worth $260 billion, has gotten the best of both worlds with this performance-based deal.
2. Mike Pykosz: $568 Million
Pykosz is the CEO of Oak Street Health, which runs clinics for Medicare patients that provide primary care. As part of his pay for the year before and the company’s change from a partnership to a C corp, Oak Street Health gave Pykosz stock and option awards in 2020. His total income for the year went up because he did that.
There were also a lot of stock and option grants, which added up to more than $500 million. Pykosz, on the other hand, made an impressive salary of almost $580,000, plus more than $390,000 in bonuses.
3. Trevor Bezdek: $497 Million
Bezdek is the CEO of the company GoodRx, which helps people find cheaper prescription drugs. His co-CEO is the fourth highest paid CEO on our list, making just a few thousand dollars less than Bezdek in 2020.
Bezdek’s salary and bonuses added up to about $980,000 in 2020. He also got nearly $500 million worth of stock awards.
4. Douglas Hirsch: $497 Million
In 2020, Hirsch got the same salary, bonus, and stock awards as Bezdek as co-CEO of GoodRx. Perks make up the small difference between the two CEOs’ total pay packages. Bezdek got about $9,500 worth of perks, while Hirsch got less than $7,000.
5. Eric Wu: $388 Million
Wu is the CEO of Opendoor Technologies, a real estate company. The Opendoor app is how the company, which will go public in December 2020, buys and sells homes. As a result of the initial public offering, Wu’s pay went up by 134,000% from the year before (IPO).
As you might expect, most of Wu’s $388 million salaries came from stock awards. In fact, he did make $189,000 a year. But in terms of CEO pay, that amount of cash is not very much. Wu’s salary is the lowest on our list, besides Musk’s, by about $300,000.
6. Robert Antokol: $281 Million
Robert Antokol is the CEO and co-founder of Playtika. Playtika is an Israel-based digital entertainment company that makes and sells mobile casino games. Rentokil is one of the CEOs who make the most money in the world. Reports say that the company paid him $372 million for his work there.
7. Alex Karp: $369 Million
Karp is the CEO of Palantir Technologies, which makes software for analyzing large amounts of data. Palantir, like Opendoor, went public in 2020. Shortly before its IPO, the company gave Karp 141 million options that will become valid every three months.
Because of that pre-IPO grant, Karp got more than $250 million in stock and options. He also got a salary of $1.1 million and benefits worth $3.1 million.
8. Geoffrey Price: $356.2 Million
Since 2012, Geoffrey Price has been the CEO and a member of the board of Oak Street Health. Before helping to start this company, he worked as a consultant and project manager for Boston Consulting Group from 2010 to 2012. (2012- 2013). He was born in the United States.
He makes more than $356.2 million a year at Oak Street Health. Geoffrey Price is 40 years old. He has a Bachelor of Science in Engineering from the University of Illinois Urbana-Champaign and an MBA from Harvard Business School.
9. Sundar Pichai: $280.6 Million
As CEO of both Alphabet and Google, Sundar Pichai makes $280,6 million a year. He was named to the Board of Directors in October 2015 and started working there in July 2017. Also, the CEO got a $240 million stock package in 2019, which won’t be fully paid out until 2023. He is an Indian citizen.
Sundar Pichai has a bachelor’s degree in metallurgical engineering from the Indian Institute of Technology, a master’s degree in materials science and engineering from Stanford University, and an MBA from the University of Pennsylvania’s Wharton School. In 2004, he became a material engineer at Google. Some of the things he worked on there are Chrome, Gmail, Google Maps, and Android.
10. Tim Cook: $265 Million
Cook took over as CEO of Apple after Steve Jobs died in 2011. He has been on lists of the highest paid CEOs for a number of years.
In 2020, Cook’s total annual pay is likely to be around $265 million. Most people would be interested in Cook’s $3 million salary as CEO, but it doesn’t compare to his $10.7 million bonus and $250 million in stock awards.
Above, we talked about the top 10 highest paid CEO in 2022 in the world and what we know about them. Now, we’ll tell you who are the top 20 CEOs in the world who make the most money. Are you excited to find out who the next richest people in the world will be in 2022? So, stay tuned to learn more about people who have done well.
Who are on the List of the Top 20 Highest Paid CEOs 2022 in the World?
Most of the highest paid CEOs in the world work for companies that are on the cutting edge of new technologies and inventions. Because some of these companies were the first to do things that changed the world, the best CEOs are smart and well-educated.
Here are some interesting things about the 20 CEOs who make the most money in the world:
11. David Zaslav: $246 Million
Before the Warner Media merger this year, David Zaslav’s payment for 2021 went from $37.7 million in 2020 to $45.8 million in 2019. After the merger, it went up to $246 million. Discovery Inc. put the pay of the CEO and other top executives in a regulatory filing. Since January 2007, David has been the CEO of Discovery.
He was born in New York, and he went to Boston University to study law. He was a lawyer for a short time before becoming the president of Cable and Domestic Television at NBC Universal for 20 years.
12. Chad Richison: $220 Million
Richison is the CEO of Paycom, an online software company that makes payroll software. His rumored salary of $220 million is a lot, but there is a catch. Richison’s CEO salary and bonus in 2020 were $829,000, and he also got $736,000 in perks. Restricted stock awards, on the other hand, make up the other $218 million of his total pay.
Richison can only get those shares if Paycom hits some very high price goals for its shares. So, Richison looks like one of the highest paid CEOs on paper, but he may not get most of what is listed as his 2020 pay.
13. Amir Dan Rubin: $199.05 Million
His pay from 1Life Healthcare, Inc. is $199 Million (One Medical). He is 50 years old and a citizen of the United States. From January 2016 to August 2017, Amir Dan Rubin was the President and CEO of 1Life Healthcare, Inc. Rubin earned a total of $199 million as the CEO of 1Life Healthcare Inc.
14. Satya Nadella: $49.8 Million
Satya Nadella is both the executive chairman and CEO of Microsoft. He took over as CEO from Steve Ballmer in 2014, and he will take over as Chairman from John W. Thompson in 2021. His salary is more than $49.8 million a year. Satya was born in India. He went to school at Hyderabad Public School in Begumpet and got a Bachelor’s degree in electrical engineering from the Manipal Institute of Technology.
He moved to the U.S. to get a Master of Science in computer science from the University of Wisconsin-Milwaukee and a Master of Business Administration from the University of Chicago Booth School of Business.
15. Shantanu Narayan: $45.9 Million
Shantanu has been CEO of Adobe Inc. since December 2007. He has also been the company’s president and chief operating officer (COO) since 2005. He gets a salary of more than $45.9 million a year. The company makes about $11.2 billion in sales each year. Narayen was born in Hyderabad, India, to a family that spoke Telugu. His mother was a teacher of American literature, and his father ran a plastics business. He was sent to a public school in Hyderabad.
Shantanu went to the University College of Engineering at Osmania University in Hyderabad to get his Bachelor’s degree in electronics and communications engineering. He then moved to the United States to get an MBA at the University of California, Berkeley.
Apple was where Narayen got his first big job. Later, he worked as the director of Desktop and Collaboration Products for Silicon Graphics. In 1998, he joined Adobe as the Senior Vice-President of Worldwide Product Research.
16. Miguel Patricio: $43.2 Million
In 2022, Miguel Patricio will also be one of the CEOs who make the most money. He is the CEO of Kraft Heinz and gets paid more than $43.2 million as a whole. Since 2019, Patricio has been the company’s CEO, and since 2021, he has been on the board.
He was born in Portugal, but he moved to Brazil to go to business school in San Paulo. Patricio also worked for Anheuser-Busch InBev, Coca-Cola, Johnson & Johnson, and Philip Morris International.
17. Bill McDermott: $41.7 Million
Bill McDermott is the CEO of a new software company called ServiceNow. His salary every year is more than $41.7 million. He used to be the CEO of a tech company called SAP SE. At age 16, he bought a Long Island Deli Gourmet for about $7,000 and opened his first business. McDermott then went to Dowling College to study Business Management while working at his business to pay for school.
18. Lachlan Murdoch: $27.7 Million
Fox Corporation’s CEO and executive chairman made a total of $27.7 million a year, which is less than the $29.2 million they made in 2020. (2021). Lachlan is also the co-chairman of News Corporation and the executive chairman of Nova Entertainment. He started the Australian investment company Illyria Pty Ltd.
Lachlan got a Bachelor of Arts in Philosophy from Princeton University. He met his father in Australia and learned how to be a journalist at the Daily Mirror. His father, Rupert Murdoch, was a rich man. Lachlan was named general manager of Queensland Newspapers when he was 22 years old. When he was 23, he was named publisher of The Australian, Australia’s first national newspaper.
19. Bob Swan – $66.9 Million
Swan went to Corcoran High School and then went to the University at Buffalo School of Management to get his bachelor’s degree in business administration. He then went to Binghamton University to get his master’s degree in business administration.
He was the chief financial officer (CFO) for eBay, Electronic Data Systems, and TRW Inc. The great businessman moved from General Atlantic to Intel in October 2016 as CFO. From January 2019 to February 15, 2021, he was CEO.
Swan is no longer CEO, but he will always be known as the CEO who made the most money in history. In 2019, he made more than $66.9 million from Intel as a whole.
20. John C. Plant: $39.1 Million
John Plant is the chairman and CEO of Howmet Aerospace Inc., where he makes more than $39.1 million a year. He has worked in the car business for a long time. He has held executive positions at Lucas Variety PLC, Trw Inc, and Arconic Inc, among other companies.
Why is Elon Musk top Highest Paid CEO in 2022?
In 2020, Elon Musk’s name won’t be on any list of the highest paid CEOs. Still, Forbes says he is the CEO who makes the most money.
Forbes says that Musk was paid about $11 billion in 2020. He got all of this money in the form of Tesla stock options, which he got as part of the crazy compensation plan he signed with the electric car company in 2018. That plan, which cost $2.3 billion at first, was spread out over ten years. But it did not become law until 2020. Elon Musk is still the CEO with the most money in 2022.
In the 2018 plan, the option grants were based on Tesla meeting certain milestones for market capitalization, sales, or Ebitda (earnings before interest, taxes, depreciation, and amortization). Overall, Musk’s compensation package gives him the right to buy a total of 101,2 million Tesla shares at a split-adjusted price of $70 per share, thanks to options. (A share of Tesla stock is currently worth more than $670.) The compensation package is split into 12 levels, and each level can only be unlocked when Tesla reaches a certain goal.
Musk’s first four sets of options became fully vested in 2020, when Tesla reached a number of market capitalization and operational milestones and its stock price went up sevenfold, making Musk’s wealth go through the roof. The person with the most money in the world is the CEO of Tesla. Elon Musk’s net worth rose from $24.6 billion in mid-March 2020 to $165.7 billion on May 5, 2021. But by 2022, Elon Musk’s wealth had grown to $271,3 billion.
Each of the 12 sets of options becomes valid when the company meets both goals for increasing market capitalization and operational milestones related to growing annualized revenue or adjusted Ebitda. The market capitalization milestones are based on a trailing monthly average, starting at $100 billion and going up by $50 billion after that. But Tesla blew those out of the water, reaching a market capitalization of more than $650 billion by the end of 2020. Also, a financial metric, such as revenue or adjusted EBITDA growth, must be met every quarter. By the end of 2020, Tesla had reached four of these goals. It had reached an annualized revenue of $20 billion and raised its adjusted Ebitda from less than $1.5 billion to $4.5 billion.
Musk has the right to buy 8.4 million Tesla shares with each set of options. Forbes says that the CEO of Tesla got a total of $13.3 billion from his options last year. Forbes used the price of Tesla’s stock at the time each set of options became valid and was approved by the Tesla board to figure out how much each award was worth. Musk will have to pay about $2.36 billion to use the options. After those costs are taken into account, Forbes estimates that the options added $11 billion to Musk’s wealth.
Here’s what the New York Times report found about the 10 highest paid CEOs in 2020:
|
Rank |
Name of CEO |
Company |
Total |
|
1. |
Chad Richison |
Paycom |
$211.13 million |
|
2. |
Amir Dan Rubin |
1Life Healthcare |
$199.05 million |
|
3. |
John Legere |
T-Mobile |
$137.2 million |
|
4. |
Larry Culp |
General Electric |
$73.19 million |
|
5. |
Chris Nassetta |
Hilton |
$55.87 million |
|
6. |
Mike Sievert |
T-Mobile |
$54.91 million |
|
7. |
Greg Maffei |
Liberty Media |
$47.12 million |
|
8. |
Reed Hastings |
Netflix |
$43.23 million |
|
9. |
Ted Sarandos |
Netflix |
$39.32 million |
|
10. |
Robert Bakish |
ViacomCBS |
$38.97 million |
1. Chad Richison: $211.13 Million (as of 2020)
We talked about Chad Richison above in the report. According to Bloomberg, he is one of the best-paid CEOs in the world. Elon Musk became the most well-paid CEO in the tech industry in 2019.
Richison started his career in sales at ADP, which is the largest and most well-known payroll processing company in the United States. Later, Richison moved his family back to Oklahoma. In 1998, he started Paycom.
2. Amir Dan Rubin – $199.05 Million
This report has also talked about Amir Dan Rubin before. As a businessman, he is one of the 10 CEOs who make the most money in the world. From January 2016 to August 2017, Rubin was an Executive Vice President at UnitedHealth Group, a company that sells shares to the public.
3. John Legere – $137.2 Million
John Legere is an American businessperson who was born on June 4, 1958. He used to be the head of T-Mobile U.S. and its CEO. He had worked for AT&T, Dell, and Global Crossing before that. After the merger of T-Mobile and Sprint was approved, he stepped down as CEO in April 2020.
4. Larry Culp – $73.19 Million
General Electric’s Chairman and Chief Executive Officer are Lawrence (Larry) Culp. Larry is the 11th Chairman and 12th CEO of GE. He has been on the board of directors of General Electric since April 2018, and he became CEO of the GE Company in October 2018.
Larry was the president and CEO of Danaher Corporation for four years before he went to work for General Electric in 2000. During his time as CEO from 2000 to 2014, the company’s sales and market value both went up by five times. Investors and analysts ranked him as one of the top CEOs every year in surveys done by Institutional Investor. Larry was also named one of the Top 50 CEOs in the world by Harvard Business Review. So, he became the CEO who made the most money.
5. Chris Nassetta – $55.87 Million
Hilton’s President and CEO are Christopher J. Nassetta. Before joining the company in 2007, Nassetta was the President and CEO of Host Hotels & Resorts, Inc., a position he had held since 2000. Before joining Host Hotels & Resorts, Inc., Nassetta helped start Bailey Capital Corporation in 1991.
He worked for The Oliver Carr Company for seven years. He was in charge of all development work and related tasks for one of the largest commercial real estate companies in the mid-Atlantic area.
6. Mike Sievert – $54.91 Million
Mike Sievert is the head of T-Mobile U.S. and its president and CEO. He is also a member of the board of directors of the company. In April 2020, he will take over as CEO of T-Mobile. On the same day, T-Mobile and Sprint finished their merger.
7. Greg Maffei – $47.12 Million
Greg Maffei, an American businessman, is the president and highest paid CEO of Liberty Media. He is also the head of the company. The company owns businesses in media and entertainment. Greg Maffei is also the head of Live Nation Entertainment, Sirius XM, and TripAdvisor, where he is the Chairman. He is also the former chairman of Starz and Expedia, and he used to be the CFO of Oracle and Microsoft.
8. Reed Hastings – $43.23 Million
Reed Hastings is an American businessman who helped start Netflix, is now its chairman, and runs the company as its CEO. He also serves on a number of boards and not-for-profit groups. Hastings was born in Massachusetts in October 1960. He used to serve on the California State Board of Education. Also, Hastings, who is 6 years old, wants to change the way schools work by using charter schools.
9. Ted Sarandos – $39.32 Million
Ted Sarandos is Netflix’s co-CEO and Chief Content Officer. His real name is Theodore Anthony Sarandos Jr. Sarandos was born on July 30, 1964, and he went to school in Glendale, Arizona, at Glendale Community College. Sarandos met Netflix CEO Reed Hastings in 1999, and he started working for Netflix in 2000. He has also been in charge of Netflix’s entertainment and original programming.
10. Robert Bakish – $38.97 Million
Since December 4, 2019, Robert Bakish, an American business executive, has been President and the highest paid CEO of ViacomCBS. Before Viacom merged with CBS Corporation, he held the same job there. Bakish joined Viacom in 1997 as Vice President of Planning and Development. He was 57 years old at the time. In October 1999, he became Viacom’s MTV Networks’ Executive Vice President of Planning and Business Development.
Here, we’ll tell you about the CEOs who make the most money in the world in 2019. The Bloomberg Pay Index was used to make this report.
1. Elon Musk – $595.3 Million (as of 2019)
Bloomberg says that Elon Musk is the CEO who makes the most money in the world. We talked about him above in the report. In 2019, Elon Musk became the CEO of the tech industry who made the most money.
Musk is the CEO of Tesla. According to the company’s website, he is in charge of the design, engineering, and international production of Tesla’s electric cars, battery products, and solar power products. Elon Musk is also the CEO of Neuralink and co-founded and bought PayPal before that.
2. Tim Cook – $133.7 Million
Tim Cook is, like Elon Musk, one of the best-paid CEOs in the world in 2022. We’ve already talked about him in this report.
Tim Cook, the CEO of Apple and former Chief Operating Officer, was the second-highest paid CEO in the tech business. Bloomberg says that Cook had been in the tech business growth for more than ten years before he joined Apple.
3. Thomas Rutledge – $116.9 Million
Thomas Rutledge, also known as Tom Rutledge, is the Chairman and CEO of a cable company called Constitution Communications. In 1977, he got his first job at American TV and Communications (ATC), which was the company before Time Warner Cable. Rutledge worked in a lot of different jobs before becoming President of Time Warner Cable.
4. Joseph Ianniello – $116.6 Million
Joseph Ianniello was the most well-paid CEO of the CBS Leisure Group for ViacomCBS when he was chairman. In 1997, he got a job as the Director of Monetary Planning at CBS. Also, a report from Variety says that ViacomCBS paid him a total of $125.4 million in salary and severance.
5. Sumit Singh – $108.2 Million
Sumit Singh is the CEO and Director of an online shopping company called Chewy, Inc. He was a senior leader at Amazon and Dell before he joined Chewy. He went to the University of Texas at Austin and got a Master’s in Engineering. Sumit Singh also had an MBA from the Booth School of Business at the University of Chicago.
Under Sumit’s direction, Chewy is set up to become the most trusted and convenient place for pet parents to shop (and partners). Chewy’s website says that it was named a “Top 10 Employer Brand” in Boston in both 2019 and 2020, that Newsweek has named it “America’s Best Customer Service” for the past three years in a row (2019-2021), that Ad Age has named it one of “America’s 20 Hottest Brands” for 2020, and that Comparably has named it one of the “Best Companies for Women” and “Best Companies for Company Culture” for 2020.
The salaries of the top highest paid CEOs in 2022 in the world have been a point of contention for a long time, with people making arguments against how much money these big bosses get. Is it not true that being in charge has its perks? I’m sure everyone agrees with that. Most of these top executives had to work their way up. But facts and statistics have shown that even if you work hard and are determined, you won’t make as much money as these bosses.
Because of this, you now know about the 20 CEOs who make the most money in the world. In fact, these CEOs are both on the list of the highest paid CEOs in the US and the list of the richest CEOs in the world for 2022. This list has some well-known names from all over the world, like Jeff Bezos, the CEO of Amazon, and Mark Zuckerberg, the CEO of Facebook.
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