New Delhi: Twitter revealed on Monday that its own CEO Jack Dorsey accepted the salary of $1.40 annually in 2018.
Twitter in a statement said, “CEO compensation of $1.40. As a testament to his commitment to and belief in Twitter long-term value creation potential, our CEO, Jack Dorsey, declined all compensation and benefits for 2015, 2016 and 2017, and in 2018 he declined all compensation and benefits, other than a salary of $1.40.”
Dorsey also decided to give up any kind of compensation other than the base salary.
However, Jack Dorsey is not the only CEO or CO-Founder who works on minimal executive pay check. Other elite CEOs in the list includes:
Mark Zukerberg
From receiving half a million dollar salary in 2012 to just $1 dollar in 2013, Zukerberg comes in this elite list. However, Zuckerberg received a little more than $600,000 in other reimbursement last year for costs related to his personal use of a chartered aircraft, and his estimated net worth is currently valued around $41 billion.
Larry Page and Sergey Brin
Since 2004, Google co-founders Larry Page and Sergey Brin gets $1 dollar as salary. However, they declined any kind of compensation their internal committee offered them as market-competitive salaries. Larry Page is currently worth an estimate of $34.9 billion and Brin is worth an estimate of $34.3 billion.
Elon Musk
The CO-Founder and CEO of Tesla Inc, Elon Musk net worth is 2,090 crores USD, does not accept salary and compensations of any kind from his company.
David Filo
Co-Founder of Yahoo, Filo net worth remains 520 crores USD. Having returned on board in 2014, David refused to take salary or any kind of additional compensation.