AfterDawn: Tech news

Facebook CEO Mark Zuckerberg takes $1 salary

Written by Andre Yoskowitz (Google+) @ 01 Apr 2014 14:06

Facebook CEO Mark Zuckerberg takes $1 salary Facebook founder and CEO Mark Zuckerberg has dropped his salary to $1 per year, following the path of other billionaire tech moguls like Steve Jobs, Larry Page, Sergey Brin and others.
Zuckerberg took a $1 salary in 2013 and will do so again in 2014. This follows a base salary of $503,205 in 2012. His overall compensation was $653,165, mainly for use of his private planes and security, fees, fuel, crew and catering costs.

The CEO is one of the richest men in the world, with a current wealth of over $25 billion due to his large ownership stake in the social media giant.

Last year, Zuckerberg sold 60 million shares valued at $3.3 billion, while gifting another 18 million to charity.

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