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Don’t confuse compensation with his wealth. CEOs often have hardly any salary. But his shares nearly doubled in value over the pandemic - increasing by $84 bil
by jonplackett 4y ago
Don’t confuse compensation with his wealth.
CEOs often have hardly any salary. But his shares nearly doubled in value over the pandemic - increasing by $84 billion.
Divide those billions per employee instead and they get $84,000 each. And Bezos is still as rich as he was before the pandemic.
- lubos 4y agoAmazon stock price is currently back to where it was before the pandemic. Look at the charts.
- jdavis703 4y agoThe CEO of Amazon has a $212mm compensation package. That’s what I based my estimate off. And I’m sure we can all agree that $212mm is more than “hardly any salary.” I could retire on that amount, have my alma matter name a building after me and still have more money than I know what to do with.
- philwelch 4y agoJeff Bezos isn't the CEO of Amazon anymore.
- jdavis703 4y agoWhat is the board supposed to do then? Dilute Bezo’s and everyone else’s holdings?
- philwelch 4y agoI don't think the board is doing anything wrong, personally. I just don't think Jeff Bezos' income was ever anything close to what Andy Jassy is making, for the exact same reasons that Tim Cook's income is higher than Steve Jobs'.
- pjbeam 4y agoDivide that by 10--that's Andy's 10 year RSU grant, not his annual comp.