Yes, today is April Fools, though this story is not a joke. It's not uncommon for a CEO to drastically reduce his or her salary as the firm goes public, and today news surfaced that Mark Zuckerberg did just that in 2013. The social network CEO brought home a salary of $1 last year, about half a million dollars less than he took home the year prior. He's still one of the world's richest people, however, with a net worth of about $27 billion. Salary aside, Zuckerberg actually made $3.3 billion in 2013, according to Bloomberg, thanks to his large share of Facebook stock.
Zuckerberg's total compensation, however, came in at just over $600,00, and most of it was used to cover the costs of flying private jets. That was still down from about $2 million in 2012. Other executives are still raking in millions in compensation, though Bloomberg notes the figures were still well below 2012 rates. Facebook's CFO David Ebersmann took home $10.5 million in 2013, down about $7 million from 2012, while the company's chief operating officer Sheryl Sandberg made $16.2 million, down about $10 million from 2012.
Typically, CEOs are among the best paid executives in a firm – sometimes that is based on the company's performance (at least, if investors have any say). Cisco's John Chambers took home $19.6 million in 2013, according to The Wall Street Journal. Still, others have gravitated away from the higher paying salaries. Bloomberg notes that Google's Larry Page and Sergey Brin also have salaries of $1, and the late Steve Jobs did as well.
Latest And Best Prime Day Deals
Ring Alarm home security systems
Various configurations of the Ring Alarm are discounted to their best prices yet exclusively for Prime members at Amazon through Tuesday night to help keep your home secure.
The Sonos Beam Prime Day deal includes a $40 discount and $100 in Amazon gift cards
$359.00
$499.00
Save $140
That's just so much savings in one deal. You'll have to wait for the physical gift cards, but that's basically $100 to spend however you want.
PlayStation 4 Slim 1TB console with Marvel's Spider-Man and Horizon Zero Dawn
$249.99
$359.98
Save $110
This deal on the PlayStation 4 Slim console saves you $50 off its regular price while also including Marvel's Spider-Man and Horizon Zero Dawn Complete Edition for free. You'll just need an Amazon Prime membership to snag it.
Echo Show 5
$49.99
$89.99
Save $40
It's only been on the market since May, but it hasn't escaped the Prime Day price cuts.
Save on Ring products today only
Whether you need a video doorbell, whole home alarm system, or some lights to brighten a dark area, Amazon has it all marked down today!
Samsung Galaxy S10 128GB unlocked Prism Black Android smartphone
$599.99
$900.00
Save $300
We love the Galaxy S10, and we love deals. This combines two of our true loves in one!
Extra 20% off Amazon Warehouse
Amazon Warehouse sells a myriad of items in varying conditions, from refurbished to open-box, used, warehouse-damaged, and more. It's a great place to snag a deal, and now Prime members can save an extra 20% off select items at checkout.
Ring Video Doorbell 2 (Certified Refurbished)
$89.99
$169.99
Save $80
Amazon is taking $80 off the certified refurbished Ring Video Doorbell 2, which lets you see and speak with visitors at your front door no matter where you are in the world.
More Prime Day Deals
