This article is from WeChat official account:qubit (ID: QbitAI), author: Guo Yipu, Yang net

Silicon Valley Iron Man, the founder of Starlink, the Tesla sweatshop capitalist, the nightmare of new car power, the good friend of the Chinese people, the pancake fruit lover, Yilong Musk, now has a new title : Defending champion in the top executive income rankings of American companies.

It’s him, it’s him, it’s him, the familiar teacher Ma Yilong.

Teacher Ma of Deyi Shuangxin not only builds cars and rockets, but also creates dreams for mankind, but also fills his own pockets.

According to Bloomberg’s newly released salary list, for the entire year of 2019, Musk’s income including stocks reached US$595,266,817, rounded to US$600 million, and converted to RMB more than 4.1 billion.

What is this concept?

The second-highest-income company executive in the United States, Apple CEO Cook, made “only” US$133,727,869 (US$130 million, RMB 9 More than 100 million), less than a quarter of Musk.

Even if you add up the annual income of the second to sixth executives, they can’t keep up with Musk’s annual income.

If you look at technology companies alone, the combined income of Apple’s Cook, Google’s Pichai, and Microsoft’s Nadella is not as high as Musk.

You see, this 4.1 billion annual income is high, but this is not a sudden windfall.

In the first two years, in 2018, Musk also led the US company executive income rankings, earning US$513,278,929, or more than 3.5 billion yuan.

To do a simple calculation, the salary increase in one year will be 16%, still with a base of 3.5 billion yuan.

This also makes Musk the fourth richest person in the world.

Eating 3.5 billion lemons can’t balance this psychological gap, right?

Four of the top 10 executives are from technology companies

In addition to Musk and Cook, what other company executives are on the list? Bloomberg’s picture is clear at a glance:

Let’s first understand the main components of the salary list. Take the colors in the picture as an example:

  • Black: salary;

  • Purple: bonus;

  • Blue: stock award;

  • Green: Option rewards;

  • Yellow: book interest;

  • Red: Carrying interest in investment;

  • Pink: additional benefits.

The Bloomberg Compensation Index summarizes the 100 highest paid executives in companies that submitted compensation details to U.S. regulators. You can see that all but Musk are green. (I.e. all by optionsReward composition), the salary of other executives is composed of various parts.

Take Cook as an example. His stock awards amount to US$122 million, accounting for 91% of his total income. The rest are composed of salary, bonuses, and benefits.

After Cook, Tom Rutledge, the boss of Charter Communications, the second largest communications provider in the United States, has a total revenue of US$116 million and option awards of US$90 million, accounting for 78% of total revenue.

Compared with him is Joseph Ianniello, the former acting CEO of CBS. Last year, CBS merged with Viacom, the third largest media company in the United States that filmed “Forrest Gump”, to form a joint company ViacomCBS. In Joseph Ianniello’s income, welfare accounted for more, accounting for 73% of total income.

The executive who made the last train on the top 5 list was Sumit Singh, CEO of Chewy, a new company that went public only last year. His total income was US$108 million, of which stock awards There are 105 million dollars.

Of the top five executives, only Cook comes from a technology company. So next, in the last 5 lists, there are 3 executives from technology companies.

In the bottom 5 list, except for the chief operating officer of Blackstone Group, which is ranked 6th, and the CEO of American pharmaceutical company Sarepta Therapeutics, which is ranked 10th, the rest are all familiar technology giants-Intel’s Robert Swann, Google’s Pichai, Microsoft’s Nadella.

From the perspective of their income composition, stock awards account for a large part.

Intel CEO Robert Swan has a total income of US$99,022,847, of which stock awards and option awards account for 64% and 30% of the total revenue respectively.

Subsequent Google CEO Pichai, last year’s total income reached 86,162,752 US dollars, of which the income composition is relatively simple, including salary, stock awards, and benefits. Among them, stock awards are the most, ranking first among the three CEOs, with approximately 82.2 million US dollars.

There is also Microsoft’s CEO Nadella, whose total revenue last year was $77,289,149.

It is worth mentioning that the sum of the salaries of 2-6 executives is only US$580,077,950, which is a little short of Musk.

In addition, we found that 4 of the top 10 executives are from technology companies; the top 10 executives are all uncles, and the uncles’ money basically comes from stocks.

Then the question is, where did the girl go? Sister (Ah) and sub(Aunt) are here:

Among the 100 executives summarized by Bloomberg, 4 female executives are listed.

The first is from AMD CEO Su Zifeng(Lisa Su), her total income last year was 55.84 million U.S. dollars, and her income constituted 4,830 Ten thousand stock awards, accounting for 86% of total income, in addition to 1 million US dollars in salary, 5.3 million US dollars in option awards.

Oracle CEO Safra Catz has a total income of 43.41 million U.S. dollars, and his option award is 42.4 million U.S. dollars, accounting for 97% of the total revenue.

In addition, there are Marillyn Hewson, Chairman/Former CEO of American Airlines Lockheed Martin, and Sheryl Sandberg, COO of Facebook.

Mr. Ma, has been in the Top 10 for four consecutive years

Data can’t be looked at for one year, the same goes for income data.

Take a look at the income data of US company executives in the Bloomberg salary index over the past few years, and you will find that Musk is really rich.

Because according to Bloomberg data,In the last four years, from 2016 to 2019, only Musk has stayed on the top 10 list of top executive income of American companies. Other tech giants, whether Apple CEO Cook, Google’s Pi Chai, or Microsoft’s Nadella, have not been able to achieve the same stable high income.

Let’s take a look at Musk’s income in recent years:

In 2019, nearly US$600 million, almost 4.1 billion yuan; in 2018, more than 500 million US dollars, almost 3.5 billion yuan; in 2017, 150 million US dollars, about 1 billion yuan;

As for 2016, the Bloomberg Compensation Index did not give a specific amount, but it also clearly stated: Musk was the fifth place that year, slightly lower than Cook, who earned 150 million US dollars.

Other executives are different.

The only financial company executive in the top ten, Blackstone’s COO Jonathan Gray, made $100 million; and the previous year, Blackstone was on the list with CEO Stephen Schwarzman and executive vice chairman Tony James. There is a kind of ” It feels like this company is giving money to executives in turn.”

There is also Google’s Pi Chai, because he received the “Biennale Award”, so he seems to have a “hungry and full” feeling, only in the odd years like 2017 and 2019 on the list. For example, I made 80 million U.S. dollars in 2019, which is a lot less than the 140 million U.S. dollars in 2017.

In addition, Microsoft’s Nadella, who has not been on the list in previous years, entered the top 10 for the first time in 2019. Well, I feel like I can sell some stocks to buy a house.

Then why is Teacher Ma so rich

Looking at his salary structure, you will find that almost all are Option Awards.

In other words, 100% comes from option awards.

In 2018, Tesla’s board of directors and CEO Musk reached the largest corporate compensation agreement in history.

According to Tesla’s estimates, this agreement includes 20.3 million options, divided into 12 batches, corresponding to 12 targets.

These goals are measured according to factors such as market value, revenue, etc. Then, every time Musk completes a goal, he can unlock a level of stock option rewards.

On May 29 this year, Tesla’s average market value in the previous six months exceeded 100 billion U.S. dollars, annual revenue exceeded 20 billion U.S. dollars, and profit exceeded 1.5 billion U.S. dollars, thus reaching the first agreement aims.

Musk received his first stock option award, about 1.69 million Tesla stock options. According to the content of the agreement, Musk can buy these shares at a price of $350, and then get remuneration through the sale.

In other words, as long as everyone rushes in to buy Tesla stocks, it is equivalent to making a list for Teacher Ma, allowing him to maintain the first place.

Look at Tesla’s stock price in 2020, it is still rising all the way…

At present, Tesla’s market value has exceeded 351.6 billion US dollars. It stands to reason that he can unlock the rewards of stage 6.