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FX.co ★ Zuckerberg has his pay cut to $1

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Forex Humor:::2013-05-06T12:00:00

Zuckerberg has his pay cut to $1

As Business Insider announced, Facebook founder Mark Zuckerberg asked to reduce his salary to $1, and this request was entertained.
In 2012, Mark Zuckerberg got $1.9 million in annual compensation. Moreover, after the company’s IPO in May 2012, he exercised 60 million stock options and raised roughly $2.27 million.
In fact, Mark Zuckerberg followed the example of Steve Jobs and Google founders Larry Page and Sergey Brin. In addition, according to Business Insider, Oracle’s Larry Ellison, Tesla Motors’ Elon Musk, Zynga’s Marc Pingus and Hewlett-Packard’s Meg Whitman also take a 1$ salary.
Forbes estimates the worth of Mark Zuckerberg at $13.3 billion and ranks him twenty fifth most powerful person on the planet.

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