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Elon Musk tops the list of highest-paid CEOs for the 4th year in a row

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Exceeding Apple’s Tim Cook or Rivian Automotive’s Robert Scaringe, Tesla’s CEO is the person who will be paid up to $ 10 billion in salary in 2021, the highest among CEOs in the world.

Bloomberg has listed the 14 highest-paid CEOs in the world, Elon Musk continues to top this list for the fourth year in a row. Other names in the statistics include CEOs of famous brands such as Apple’s Tim Cook, Tom Siebel of software company C3, Sue Nabi of global beauty company Coty, or CEO of private company KKR Joe Bae.

Elon Musk topped the list of the world’s highest-paid CEOs in 2021

The CEO’s salary fund comes from a variety of sources, including stocks, salaries, bonuses, stock options, and related benefits and perks for their positions. CEO is the highest paying position in companies and businesses. Their salary can be 1000 times the salary of an ordinary employee.

The salary of a CEO can be 1000 times higher than an ordinary employee

The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) had an annual survey of CEO salaries that recorded the average salary of a CEO among the top 500 CEOs in the world. last year increased up to 18%, 324 times more than an ordinary worker.

However, in the context of many changes such as 2022 when the stock market declines, interest rates and inflation skyrocket, experts believe that CEO salaries will be affected more or less, but in general, their salaries will continue to increase. continue to increase.

Falling stock market, rising inflation may affect CEO salaries

“This will always be a paradox,” said Fred Redmond, secretary and treasurer of the AFL-CIO. No matter what happens, even if inflation rises, living standards fall, gasoline prices rise, the fact remains that ‘more for them and less for us’.”

See more: Starbuck female employees share tricks to get free coffee

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