World Highest Paid CEOs in 2022, and we know that everyone is interested to know more about them. They indicate above that there is a huge aspiration pool for the game by working hard and going to the highest to apply their techniques.
Rightly or wrongly, Wall Street CEOs are still excoriated as greedy fat cats, which exemplify everything that’s wrong with executive pay. But look around corporate America these days, and you’ll find any number of executives, especially in tech, and financials,
even more than ever during the boom years before those bankers taking home checks or even a fraction of distress without anger
As companies around the world struggle to mitigate the damage caused by the coronavirus pandemic, executive leadership is being tested. CEOs are facing intense scrutiny over how and when they are opening up their companies.
While 2021 may see a freeze in CEO salaries, 2019-2020 was a good year for executive pay, as many key executives were rewarded with hefty compensation packages, often exceeding $40 million per year. it happens.
The CEOs of companies on this list tend to be concentrated in certain industries such as tech, energy, and health care.
Although employees in these sectors tend to be relatively well-compensated as much as the average salary of their employees, all CEOs on this list make up at least 100 times.
Top 10 Highest Paid CEO in the World
In some cases, they can do as many as 1,000 times. The CEOs of these companies are 1,000 times more than their employees.
But as the coronavirus pandemic lays bare the country’s economic inequalities, critics say the reality rebounds of stock markets: an economy that is working exceptionally well for some, but little for many other reasons unclear
Have you ever wondered who is the Richest CEO or the highest-paid CEO in the world? Here are the 10 Highest-Paid CEOs in the world today
10. Satya Narayan Nadella
|occupation||Chairman and CEO of Microsoft|
|CEO Start Date||February 4, 2014|
|Average Monthly Salary||$77.2 Million|
Satya Narayan Nadella is the Chief Executive Officer (CEO) of Microsoft. Under him, Microsoft has more cloud computing revenue than Google, more customers than Netflix, and a near trillion-dollar market cap.
Prior to joining Microsoft, Nadella worked at Sun Microsystems, a company that sold computers, software, and information technology services. After leaving Sun Microsystems, Nadella joined Microsoft as a young engineer in 1992. In 2000, he achieved his first executive role as Vice President of Microsoft Central.
Since then no one returned looking for an Indian Engineer. The following year, he was promoted to corporate vice president of Microsoft Business Solutions. By 2007 Nadella was the senior vice president of Microsoft Online Services, which not only put him in charge of Bing but early versions of Microsoft Office and Xbox Live as well.
In 2011 he was made president of the Server and Equipment Division, which oversaw products for companies’ data centers such as the Azure cloud platform and Windows Server and SQL Server databases. At that time, the Server and Equipment division was earning about $16.6 billion in revenue. But under Nadella’s leadership, within two years, revenues multiplied to $20.3 billion.
Steve Ballmer decided to step down after Satya Nadella took the reins of Microsoft on February 4, 2014, as CEO. The decision to hire Nadella was taken by Bill Gates, the founder of Microsoft and Ballmer. Nadella was successful in leading the firm out of its tough times.
Under Nadella, Microsoft held its place as the leading tech competitor.
Major Changes Enacted by Satya Nadella as CEO
- Release of Microsoft Office for Apple’s iPad
- Release of iPhone and Android Apps like Microsoft Outlook
- Quitting Windows 9 and Releasing Windows 10
- Using Linux Operating System on Azure Cloud
- Buying Mojang (the company that makes Minecraft)
- Introducing Microsoft Surface Book, the company’s first laptop
9. Robert Swan
|occupation||CEO of Intel Corporation|
|CEO Start Date||January 31, 2019|
|Average Monthly Salary||$99 Million|
Robert H. Swan serves as the company’s chief executive officer, director. Mr. Swan is the Director and CEO of Intel since January 2019 Since October 2016 in his capacity as CFO, he has overseen Intel’s global finance organization, including financial accounting and tax reporting, Treasury, internal audit and investor relations IT, Intel Capital, and corporate strategy The Office.
Prior to joining Intel, Mr. Swan served as an operating partner at General Atlantic LLC, a private equity firm From September 2015 to September 2016, he also served as Senior Vice President, Finance and CFO of eBay Inc, a multinational e-commerce company from July 2015, before March 2006, serving Mr. Swan Executive Vice President, CFO at Electronic Data Systems Corporation
Mr. Swan began his career at General Electric (GE) in 1985, as executive vice president, CFO of TRW Inc., and CFO, chief operating officer, and chief executive officer of Webvan Group, Inc, 15 years in several senior finance roles. in service. Mr. Swan also serves as a member of the Board of Directors of eBay Inc. and previously served as a member of Applied Materials, Inc. from 2009 to 2016. and served on AppDynamics’ board of directors from 2016 to 2017.
Prior to joining Intel, he served as an operating partner at New York-based growth equity firm General Atlantic, which has invested in major tech companies such as Uber, Snap, and Airbnb.
Swan was from September 2015 to September 2016, during his tenure, he helped lead General Atlantic’s investment in a $158 million development round for AppDynamics, an application intelligence company that was acquired by Cisco last year. Swann served on the board of AppDynamics.
Based out of General Atlantic’s Palo Alto office, Swan is the firm’s resource group, which assists in providing support and helping develop finance functions for its portfolio companies, as well as helping the company’s investment team in Internet and technology was part of the allegation.
8. Joseph Ianniello
|Occupation||CEO of Viacom CBS Corporation|
|CEO Start Date||September 9, 2018|
|Average Monthly Salary||$125.4 Million|
Proxy season is upon us as ViacomCBS said on Friday that former CBS CEO Joe Ianniello earned $125 million for 2019, according to its annual filing with the SEC. He left the newly merged company in January.
The figure includes $84 million for changes to their employment agreements with the company last year.
ViacomCBS CEO Bob Bakish earned $8.4 million. That included a base salary of $230,769, a bonus of $31 million, and share rewards totaling nearly $5 million. His annual target compensation — which may change — going forward is about $31.5 million, including $31 million in basic pay, a $12.4 million bonus, and shares worth $16 million.
Ianniello’s base salary was $28 million-plus share awards for $37 million and compensation of that “other” $84 million. For 2018, he earned $27.4 million. He became acting CEO of CBS after Les Moonves left in September 2018.
As executive salaries arrive in large numbers to start 2019, they are a very unusual time where key executives and top management have recently foregone the pandemic or slashed salaries in the midst of the coronavirus (Bob Iger and Bob Chapek at Walt Disney) Or have been donated will be killed to donate them (Brian Roberts of Comcast). Suddenly, companies have huge losses of revenue resulting in layoffs or furloughing of thousands of workers.
The $84 million Ianniello was paid for additional payments in Ianniello, related in part to a signing bonus in April of 2019 when he became CBS CEO (now acting) and a termination agreement when it renegotiated his contract later last year. was amended from joined. In December, he was hired on a contract that passed through March of 2021 but he left the following month as ViacomCBS was named CEO of CBS Entertainment within the merged company with George Cheek for this job.
The proxy statement was filed ahead of the annual meeting of shareholders, which ViacomCBS said will be held in a virtual event given the uncertainties created by the coronavirus pandemic.
Proxy lists the salaries of a company’s highest-paid executives in the top five. ViacomCBS’ situation is more complicated because it only became an entity in December because it listed two sets of executives.
Other executive listed executives for ViacomCBS were CFO Christina Spade ($9.4 million), Richard Jones, EVP and general tax attorney ($3.2 million), and Nancy Phillips, EVP and chief public officer ($31 million).
7. Sumit Singh
|Occupation||CEO of Chewy|
|CEO Start Date||March 12′ 2018|
|Average Monthly Salary||$108 Million|
Mr. Singh is Chewy’s Chief Executive Officer and serves on Chewy’s board. He was named chief executive officer in March 2018, after a seven-month stint in the role of the chief operating officer, and has served as a director since April 2019. In 2019, he through his initial public offering led the company.
Mr. Singh later compared the “Best CEOs of 2020” to the first of the 2020 ‘Bloomberg 50’, Bloomberg Businessweek’s annual list of innovators, entrepreneurs, and leaders who changed the global business landscape over the past year.
Given to, and was nominated to join Chewy, Mr. Singh was Amazon, where from 2015 to 2017, he was the worldwide director (fresh and pantry) of Amazon Inc.’s consumables business and from 2013 to 2015 Up until, served as general manager for Amazon, Inc.’s North American merchant fulfillment and third-party businesses. Prior to Amazon, Inc., Mr. Singh served in senior management positions at Dell
Sumit Singh Chevy, Inc. (NYSE: CHWY) and serves on the board of directors of Chevy. He led the company through its IPO in 2019, raising over $1 billion in the process. Sumit was later named to the “Bloomberg 50” in 2020, Bloomberg Businessweek’s annual list of innovators, entrepreneurs, and leaders who have changed the global business landscape over the past year, and “Best CEO” by comparison 2020.
Prior to joining Chevy, Sumit held senior leadership roles at Amazon and Dell for his combined experience in e-commerce, technology, retail, and logistics, spanning nearly 20 years of global leadership. He graduated from the University of Engineering He did his Master in. Texas in Austin and was inducted into the Academy of Distinguished Alumni for Outstanding Achievement in 2019. He also holds an MBA from the University of Chicago, Booth School of Business
Under Sumit’s leadership, Chewy is positioned to become the most trusted and convenient destination for pet parents (and partners) everywhere. The company continues to deliver transformational growth, and a clear and steady path to sustainable profitability, made possible by a culture of innovation and a relentless focus on the customer experience.
In 2020, the company introduced several cutting-edge customer-facing innovations, including the launch of a free telehealth service called “Connect with a Vet,” its first fully automated, state-of-the-art fulfillment in Pennsylvania Kendra, becoming the first company in the pet segment to launch this level of automation; and donated over $30 million in FY2020 toward improving pet lives, launching a dedicated service initiative to the shelter and rescue community.
Chewy’s recent accolades as a “Top 10 Employer Brand” in Boston for “America’s Best Customer Service” Newsweek Recognition (2019-2021)” for both 2019 and 2020, for the past three consecutive years, Advertising Age The distinction includes ranking as America’s 20 Hottest Brands 2020,” and Comparatively’s 2020 Top Rankings for Best Company Culture and Best Companies for Women.
6. Tim Cook
|Occupation||CEO of Apple Inc.|
|CEO Start Date||August 24, 2011|
|Average Monthly Salary||$133.7 Million|
Apple CEO Tim Cook graduated from Auburn University with a bachelor’s degree in industrial engineering and received an MBA from Duke University’s Fuqua School of Business. After a 12-year career at IBM, Cook went on to take on executive roles at Intelligent Electronics and Compaq, before joining Apple in 1998. In August 2011, Cook was named Apple’s new CEO, following the death of predecessor Steve Jobs. I went.
The most important discovery for me so far in my life was the result of a single decision: my decision to join Apple,” Cook said some 12 years after joining the corporation, while at the 2010 Auburn University convocation. speaking.
However, it was not an easy decision: Cook began working for Apple in early 1998, before the company had developed the iMac, iPod, iPhone, or iPad, and when it was seeing declining profits rather than growth. According to Cook, before accepting his job at Apple, he was actually stopped from doing so on the grounds that the future of that company looked very bleak.
In August 2011, Cook was named Apple’s new CEO, assumed to be former CEO and co-founder of Apple Steve Jobs, who died in October 2011 after a year-long battle with cancer. In addition to serving as CEO, Cook sits on the corporation’s board of directors.
In May 2014, Apple announced its biggest acquisition to date when it bought Beats Music and Beats Electronics for $3 billion. As part of the agreement, Beats co-founders Dr. Dre and Jimmy Iovine will join Apple in executive roles.
In a letter to Apple employees, Cook said, “This afternoon we announced that Apple is acquiring Beats Music and Beats Electronics, two rapidly growing businesses that complement our product line and will be part of the future Apple ecosystem.” Bringing our companies together paves the way for amazing events that our customers will love.”
Following this, in June 2014 at the Worldwide Developers Conference, Cook announced the latest version of Apple’s operating system for desktop and mobile, OSX Yosemite. In September of the same year, Cook unveiled the iPhone 6 and iPhone 6 Plus, which both had larger screen sizes and came with new features such as Apple Pay and “Burst Selfies.” He announced the first new product of his reign, the “Apple Watch,” a wearable device to track fitness and health, would be available for purchase in 2015.
Cook continued to oversee the development of new products like Clips, an app that enabled the creation of short videos for social media. A few months after its spring 2017 debut, Apple unveiled the iPhone X, which generated buzz in the tech world for its facial recognition system.
Additionally, the company introduced the Apple News app to give users access to articles from a wide range of sources. In June 2018, Apple unveiled a 2018 m
idterm polls clause, which promised to attract fact-curated content from legitimate sites as well as the Washington Post’s election now dashboard by November. Addressing the issue of why he felt the need to funnel news to users in that manner, Cook said, “For Apple News, we felt major news should be selected by humans, not politics at all but .. Ensuring you’re not picking that content is the target of strictly enraging people.
5. Chad Richison
|Occupation||CEO and President of Paycom|
|CEO Start Date||April 21, 2014|
|Average Monthly Salary||$211.13 Million|
Chad is an American entrepreneur and philanthropist who has been the President and CEO of Paycom since its inception. A native Oklahoman, Richison began his career in sales with ADP, the largest and probably the best-known payroll processing company in the United States, before moving to Colorado to work for a smaller, regional payroll provider. In 1998, Richison returned his family to Oklahoma and founded Paycom.
Richison founded Paycom in 1998 and remains on as its President and CEO, Paycom is considered one of the first companies to fully process payroll online and for its continued growth as a Fortune, Magarive has been recognized by Forbes, including and among the Fastest Growing Companies in America
On April 21, 2014, Richison brought a Paycom public offering on the New York Stock Exchange with a successful initial public offering of 6,645,000 shares that generated a net income of $64.3 million. After IPO. Richison bought an additional 52,600 shares of Paycom stock. In 2019 Richison said the next important thing for the company is 100% employee engagement and access to Paycom’s database.
Serving as an essential change (ESS) technology, allowing employees more freedom to manage and input their own human resource data, and freeing businesses to do more strategic and less administrative work – The employee looks after himself. In May 2020, to support Chad Richison, the Oklahoma Educational Television Authority (OETA) continues to deliver educational products and resources that educate, empower and link Oklahomans important to the ideas and knowledge that improve their quality of life Contributed $1 million to Paycom’s Richison Family Foundation
|Occupation||CEO of Google and Alphabet Inc.|
|CEO Start Date||August 10, 2015|
|Average Monthly Salary||$242 Million|
Alphabet and Google CEO Sundar Pichai is one of the highest-paid executives in the world. In 2020, Pichai’s annual compensation was worth $242 million which is equivalent to Rs 2,145 crore (appx). With this dizzying figure, Pichai’s per day earnings come to around Rs 5.87 crore. As per the company’s regulatory filing, his compensation averages 1085 times Alphabet employees’ total salaries.
Pichai, who has been Google’s CEO since 2015 and who has taken the reins at Alphabet in December 2019, received the bulk of his compensation from share awards that were announced together with his promotion. At the time, Alphabet said Pichai was granted two forms of stock-based rewards — restricted stock units, or a “time-based equity” award, and performance stock units, tied to the company’s overall performance. In total, the share package was valued at $242 million.
Restricted stock awards totaling $120 million were targeted, with a transitional award of $30 million in the form of additional restricted stock units. On top of that, Pichai was also granted two halves of performance stock units with a target value of $45 million. The first part will vest Alphabet’s stock performance relative to the S&P 100 based on the two-year performance period between January 2020 and December 2021, the second part will vest, or end, Alphabet’s performance over the three-year period Depending on ended December 2022.
The search giant said in its proxy statement that its executives do not receive cash bonuses and instead receive all variable pay through equity awards so as to reinforce management’s focus on long-term stockholder value.
Shares in Alphabet were up approximately 12.5% year-to-date market close. As of August 12, the S&P 500 company is one of the top five mega-cap tech index stocks for a 4.6% rise – compared with Facebook Inc., Amazon.com Inc., Apple Inc., and Microsoft Corp. – this year amid the corona pandemic.
As of Intel’s swan, the bulk of the CEO’s $66.9 million compensation package, $61.7 million, came from share awards. Like Pichai, Swann’s package was a substantial year over year, reflecting the share awards he received as of a January 2019 boost, when he was raised from CFO and interim chief executive officer.
3. Elon Musk
|Occupation||CEO of SpaceX in 2002 & Tesla Motors in 2003|
|CEO Start Date||2003|
|Average Monthly Salary||$595.3 Million|
Elon Musk, the South African-American entrepreneur who cofounded the electronic payments firm PayPal and formed SpaceX, a maker of launch vehicles and spacecraft. He was also one of the first significant investors in, as well as the chief executive officer, of electric car maker Tesla.
PayPal and SpaceX
Musk attended Queen’s University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he received a bachelor’s degree in physics and economics in 1997 he enrolled in graduate school in physics at Stanford University in California, But he left after only two days because he realized that the Internet had more potential to change society than work in physics.
In 1995, he founded Zip2, a company that provided maps and business directories for online newspapers. In 1999 Zip2 was purchased by computer maker Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later became PayPal, which specialized in transferring money online. Online auction eBay bought PayPal in 2002 for $1.5 billion.
Musk was long convinced that for life to survive, humanity has to become a multiplanet species. However, he was dissatisfied with the great expense of rocket launchers. In 2002 he founded Space Exploration Technologies (SpaceX) to make more affordable rockets. Its first two rockets were the Falcon 1 (first launched in 2006) and the larger Falcon 9 (first launched in 2010), which were designed to cost much less than competing rockets.
A third rocket, the Falcon heavy (first launched in 2018), was designed to carry 117,000 pounds (53,000 kg) to orbit, nearly twice as much as its largest competitor, the Boeing Company’s Delta IV Heavy, for one-third the cost. SpaceX has announced the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy–Starship system.
The Super Heavy first stage would be capable of lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft designed for providing fast transportation between cities on Earth and building bases on the Moon and Mars.
SpaceX also developed the Dragon spacecraft, which carries supplies to the International Space Station (ISS). The dragon can carry as many as seven astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk sought to reduce the expense of spaceflight by developing a fully reusable rocket that could lift off and return to the pad it launched from.
Beginning in 2012, SpaceX’s Grasshopper rocket made several short flights test such technology. In addition to being CEO of SpaceX, Musk was also a chief designer in building the Falcon rockets, Dragon, and Grasshopper
Musk had long been interested in the possibilities of electric cars, and in 2004 he became one of the principal funders of Tesla Motors (later Tesla), an electric car company founded by entrepreneurs Martin Eberhard and Mark Terpening.
In 2006 Tesla introduced its first car, the Roadster, which could travel 245 miles (394 km) on a single charge. Unlike most previous electric vehicles, which Musk thought were bloated and dull, this was a sports car that could go from 0 to 60 miles (97 km) per hour in less than four seconds.
The company’s initial public offering in 2010 raised about $226 million. Two years later Tesla introduced the Model S sedan, which was praised by automotive critics for its performance and design. The company received further praise for its Model X luxury SUV, which went on the market in 2015; the Model 3, a less expensive vehicle, went into production in 2017.
Musk expressed reservations about Tesla being publicly traded, and in August 2018 he made a series of tweets about taking the company private, noting that his safe funds. The following month the US Securities and Exchange Commission (SEC) sued Musk for securities fraud, alleging that the tweets were false and misleading. Shortly after Tesla’s board rejected the SEC’s proposed settlement, reportedly because Musk had threatened to resign.
However, the news sent Tesla stock plummeting, and a harsh deal was eventually accepted. His terms included Musk stepping down as chairman for three years, though he was allowed to continue as CEO. Estimated cost ($68 billion) of a high-speed rail system in California, Musk proposed an alternative rapid system in 2013, the Hyperloop, which is disassembled from a pneumatic tube in a pod carrying
The 28 passengers would travel 350 miles (560 km) between Los Angeles and San Francisco in 35 minutes at a top speed of 760 miles per hour (1,220 km), approximately the speed of sound. Musk claimed that with Hyperloop pods departing every two minutes on average, costing only $6 billion, the system could accommodate six million people who travel that route every year.
However, that is stated, that between SpaceX and Tesla running, he could not devote time to the development of the Hyperloop.
2. Mark Zuckerberg
|Occupation||CEO of Facebook|
|CEO Start Date||February 4, 2003|
|Average Monthly Salary||$1 Billion|
Mark Zuckerberg Net worth 2021: $1 billion on our list of the world’s highest-paid CEOs in 2021Mark Elliot Zuckerberg, an American Internet entrepreneur, best co-founder of Facebook, Inc., for most social media networks The world is known. Mark serves as the president and CEO of Facebook Inc.
With the massive success of Facebook, Mark has a staggering net worth of $1 billion in 2021, making him not only one of the richest people on earth but also one of the highest-paid CEOs in the world. On February 4, 2004, Zuckerberg launched Facebook from his Harvard dorm room.
An earlier inspiration for Facebook may have come from Phillips Exeter Academy, the prep school from which Zuckerberg graduated in 2002. Initially, Facebook was only for Harvard members. It then spread to other schools beginning with Columbia University, New York University, Stanford, Dartmouth, Cornell, Pennsylvania, Brown, and Yale University.
This was where the popularity began to rise; And the site then went global, reaching 500 million users by 2010. The office moved from Harvard to California, and the team grew significantly. Nowadays, Facebook Hub is one of the biggest sources of news on the web, and for people to catch up with their friend’s activities.
In early 2018, a data breach occurred where millions of Facebook users’ personal data was harvested without consent by Cambridge Analytica to be used primarily for political advertising. This data breach was the largest known leak in Facebook history and resulted in Mark Zuckerberg having to testify before Congress, to ensure how to secure user data was really in Facebook’s hands.
The social network Facebook.com launched in February 2004. Harvard students who signed up for the service could post personal information about themselves and their lives, such as their class schedules and the clubs they belonged to. Its popularity grew, and soon students from other prestigious schools, such as Yale and Stanford University, were allowed to join.
By June 2004, over 250,000 students from 34 schools had signed up, and that same year large corporations such as the credit card company MasterCard began paying for exposure on the site. In September 2004, Facebook added a wall to a member’s online profile. This widely used feature lets a user’s friends post information on their wall and became an important element in the social aspect of the network.
By the end of 2004, Facebook had reached one million active users. However, the company still followed the then-leading online social network, MySpace, which boasts half a million members. The year 2005 proved to play an extremely important role for the company. It simply became Facebook and introduced the idea of ”tagging” people in photos that had been posted on the site.
With tags, people identify themselves and others in images that can be viewed by other Facebook friends. Facebook also allows users to upload an unlimited number of photos. In 2005 high school students and students at universities outside the United States were allowed to join the service. By the end of the year, it had six million monthly active users.
IN 2006 Facebook 13. As predicted at the age of Zuckerberg for anyone beyond students who opened their membership, advertisers were able to build new and effective customer relationships. For example, that year, home product manufacturer Procter & Gamble made a promotional effort to attract 14,000 people by “expressing affinity” with a teeth whitening product.
This kind of direct consumer engagement on such a large scale was not possible before Facebook, and more companies began using the social network for marketing and advertising. Privacy remains an ongoing problem for Facebook. This first became a serious issue for the company in 2006, when it introduced the News Feed, which included every chance that a user’s friends had made to their pages.
After an outcry from users, Facebook increasingly implemented privacy controls, in which they could control what content appeared in News Feed. In 2007 Facebook launched a short-lived service called Beacon that allows Friends of Members to see what products they had purchased from participating companies.
This failed because the members believed that it encroached upon their privacy. Indeed, a 2010 survey of consumers placed Facebook in the bottom 5 percent of companies in customer satisfaction, largely because of privacy concerns, and for the complexity of the company’s user privacy controls, and the frequent changes, it makes for them.
being criticized for 2008, Facebook surpassed MySpace as the most opened social media website. With the introduction of the live feed, the company also took a competitive swing at the growing popularity of Twitter, a social network that triggers a live feed of posts by members whom a user follows like a news service.
Similar to Twitter’s ongoing stream of user posts, the Live Feed automatically pushed friends’ posts to a member’s homepage. (Included in News Feed since Live.)
Facebook has become a powerful tool for a political movement, beginning with the 2008 US presidential election, when more than 1,000 Facebook groups were formed in support of either Democratic nominee Barack Obama or Republican nominee John McCain. In Colombia, the service was used to rally hundreds of thousands in protests against the antigovernment FARC guerrilla insurgency.
In Egypt, activists protest against the government of the press. During the 2011 uprising, Hosni Mubarak often organized himself by forming groups on Facebook.
Facebook encourages third-party software developers to use the service. In 2006 it released its Application Programming Interface (API) so that programmers can write software that Facebook members can use directly through the service.
By 2009 developers generated about $500 million in revenue for themselves through Facebook. The company also earns revenue from developers through payments for virtual or digital products sold through third-party applications. By 2011 payments from one such company, Zynga Inc., an online game developer, accounted for 12 percent of the company’s revenue.
In February 2012 Facebook filed to become a public company. Its initial public offering (IPO) in May raised $16 billion, giving it a market value of $102.4 billion. In contrast, the largest IPO of an Internet company to date is the search engine company Google Inc.,
which raised $1.9 billion by the end of the first day of trading of the stock when it went public in 2004, more than Zuckerberg’s holdings. $19 billion was estimated.
1. Jeff Bizos
|Occupation||Founder and CEO of Amazon|
|CEO Start Date||February 12′ 1995|
|Average Monthly Salary||$6.54 Million|
Jeff Bezos is an American entrepreneur who has been instrumental in the growth of e-commerce as the founder and CEO of Amazon.com, an online retailer. In 2020 he had a net worth of more than $202.5 billion.
Amazon quickly became the leader in e-commerce. Open 24 hours a day, the site was user-friendly to encourage browsers to post their own reviews of books and offer discounts, personalized suggestions, and searches for out-of-print books. It began selling CDs in June 1998 and added videos later that year.
In 1999 Bezos added auctions to the site and invested in other virtual stores. Amazon’s success encouraged other retailers, including major book chains, to set up online stores
As more companies fought for Internet dollars, Bezos saw the need to diversify, and by 2005 Amazon offered a vast array of products, including consumer electronics, apparel, and hardware. Amazon expanded further in 2006 by introducing Amazon Web Services (AWS), a cloud computing service that eventually became the largest such service in the world.
In late 2007 Amazon released a new handheld reading device called the Kindle, a digital book reader with wireless Internet connectivity, enabling customers to buy, download, read and access a range of books on demand. Huge selection shop.
Amazon announced in 2010 that sales of Kindle books had surpassed those of hardcover books. He went on to create his own TV shows and movies with Amazon that same year. Amazon moved into producing its own TV shows and movies with its Amazon Studios division.
Amazon’s annual net sales increased from $510,000 in 1995 to some $600 million in 1998 and nearly half of the company’s operating income to more than $19.1 billion in 2008 from $233 billion in 2018 Removed from AWS. Two years later, Amazon posted record profits, and fourth-quarter revenue surpassed $100 billion for the first time that year.
The unprecedented numbers were due, in part, to an increase in home purchases during the COVID-19 pandemic. In February 2021, Bezos announced that in the third quarter of 2021 he would step down from his role as Amazon CEO and become executive chairman of the Amazon board.
He will be replaced as CEO by Andy Jesse. On February 2, 2021, Bezos sent an email to all Amazon employees, saying the transition would give them “the time and energy to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and others.” Will need passion
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Who is the highest-paid CEO in 2022?
According to the Fortune list, Elon Musk gets more salary than the CEO of any company in the world. Elon Musk on 14 April 2022 proposed to buy American social media platform Twitter for US$43 billion.