Steve Jobs' insane salary

So I was doing some research on Steve Jobs and I came across his salary. Before reading further, I want you to guess what it is. Your guess will not even come close to what it really is. When you have your guess, read further.

So I was doing some research on Steve Jobs and I came across his salary. Before reading further, I want you to guess what it is. Your guess will not even come close to what it really is. When you have your guess, read further.

You didn't know this?

Huh?

This is an extremely common thing CEOs of big companies do. I assume it's for tax reasons.

This is old news. I remember a big deal being made out of this, but as you say: money through stocks and other benefits. He's still obscenely rich. Even so, it's certainly better than CEOs that give themselves billion dollar bonuses.

" You didn't know this? "

" How the hell does he make money? "

he did it as a joke. n his stock options n bonus are probably huge anyway. isnt steve a billionaire?

" he did it as a joke. n his stock options n bonus are probably huge anyway. isnt steve a billionaire? "

That's his sick-pay

Tax invasion.

I don't actually think he takes money from apple at all (except for the one dollar). No dividends or bonuses or anything like that. All the money he would get stays invested the business. It's not like he needs it, and it's probably better off invested in apple than in any bank account. He owns billions of dollars worth of Disney stock from when he sold Pixar to them, and he uses the dividends from that to live on.

" I don't actually think he takes money from apple at all (except for the one dollar). No dividends or bonuses or anything like that. All the money he would get stays invested the business. It's not like he needs it, and it's probably better off invested in apple than in any bank account. He owns billions of dollars worth of Disney stock from when he sold Pixar to them, and he uses the dividends from that to live on. "

crazy, it's to get out of taxes. he probably just pays by stocks that he has. he probably has a bunch of them because of his a CEO.

I don't know where you guys get the notion that the board of directors at Apple gave Steve Jobs a $1 salary for tax purposes. What do they care how much he gets taxed? (Also, I guess you people have never heard of capital gains tax, which is where the government bites Jobs on the ass) No, they did this to incentivize company growth. A CEO can rest on his company's laurels if he gets a big salary because he still gets paid if the company loses money or is forced to cut back in order to register profits. If his pay is entirely tied to company growth he has reason to invest in new products, new markets, and new ideas to help the company grow and to increase shareholder value.

When your salary is $1 your personal comfort is directly tied to your company's success.

He's still a rich bastard, and i hate him for it. Just imagine all those games i could buy if i had that much money *sad sigh*

If you've ever seen Steve Jobs old apartment, you'll know he's not one to spend money extravagantly. I imagine whatever money he does make is more than enough for his lifestyle.

" A lot of his purchases he probably charges to the company as business expenses. Since, ya know, he IS the CFO of Apple. "

Even at $1, he still makes more money than me.

I think he makes a majority of his money from Disney, as he's the largest shareholder of it currently.

well he probably has a few billion in the bank alraedy.  
When your already super duper rich I can see why someone would do this in order to make them self feel good.


Would be nice if he donated whatever he should be paid to charity or something but I guess that would just be copying Bill Gates which is a big no no.

I'm not shocked.

" He's still a rich bastard, and i hate him for it. Just imagine all those games i could buy if i had that much money *sad sigh* "

his salary is $1, but i bet he gives himself nice bonuses.

" his salary is $1, but i bet he gives himself nice bonuses. "

He did it for the lulz.

i'm sure it's a scheme to avoid paying taxes, like everything else rich pieces of shit occupy their time with.

This has been well known and well documented for a long ass time guys.

" Tax invasion. "

" Tax invasion. "

" Tax invasion. "

I also believe apple as a company has 40 billion in hard cash in the bank, not assets. Hella rainy day fund, but it helps "speculators ", i mean investors sleep easy.

He gets money through stocks, bonuses and Pixar

What I'm curious to know is if he still gets paid 26 times a year? lol Do they send him a check of 0.03$ every two weeks?

I thought he made millions in his sleep?

I was lied to -.-

" I also believe apple as a company has 40 billion in hard cash in the bank, not assets. Hella rainy day fund, but it helps "speculators ", i mean investors sleep easy. "

Well he is a dead man walking anyway, so who cares?

This is a popular and well known tactic for CEOs.