CEOs of huge companies who receive tiny salaries (copy)
Top execs with super-small salaries

Jeremy Stoppelman: No salary

Jeremy Stoppelman: No salary

Richard Fairbank: No salary

Richard Fairbank: No salary

Larry Page: $1 (77p)

Larry Page: $1 (77p)

Mark Zuckerberg: $1 (77p)

Mark Zuckerberg: $1 (77p)

CEOs opt for this sort of drastic pay cut for a number of reasons, one of which is to appease shareholders who may frown on excessively high salaries but don't seem to mind senior execs receiving lavish performance-based share options. Zuckerberg's net worth is currently estimated at $59.5 billion (£45.3bn), according to Bloomberg.
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Nick Woodman: $1 (77p)

Nick Woodman: $1 (77p)

Richard Hayne: $1 (77p)

Richard Hayne: $1 (77p)

Jan Koum: $1 (77p)

Jan Koum: $1 (77p)

Koum plumped instead for stock options. The Ukrainian-born tech magnate has already sold around $7.1 billion (£5.5bn)-worth of Facebook shares, and while he announced that he planned to leave Facebook in April 2018 he was still employed by the company in August, CNBC reported, in order to receive his $450 million (£350.4m) in remaining stock.
Evan Spiegel: $1 (77p)

Evan Spiegel: $1 (77p)

Spiegel's remuneration package is largely based on stock options and rewards, so his move may not have been quite as shrewd as he hoped given Snap's struggling share price, which has trended downwards since the IPO. That said, in 2017 Spiegel received $638 million (£496.7m), which is a higher payout than any other US CEO, a remarkable fact as Snap actually lost $720 million (£560.6m) that year. Forbes estimates his current net worth at $1.6 billion (£1.2bn).
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John Mackey: $1 (77p)

John Mackey: $1 (77p)

Steve Kean: $1 (77p)

Steve Kean: $1 (77p)

Edward Lampert: $1 (77p)

Since 2013, Sears CEO Edward Lampert has earned a $1 salary with zero bonuses, but he is not struggling to make ends meet. Despite his ailing firm's poor stock market performance over the past few years, and 400 store closures in 2017, 188 in 2018, and another 40 planned for February 2019, Lampert has made a fortune.
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Edward Lampert: $1 (77p)

The retail boss, who is remunerated with stock, received just over $4.3 million (£3.4m) in Sears shares for the 2017 fiscal year, an increase of about $850,000 (£661.8k) on the previous year. And Lampert, who owns 54% of Sears' outstanding stock, currently has a net worth of $1 billion (£778.6m), according to Forbes.
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Jack Dorsey: $2.75 (£2.14)

Jack Dorsey: $2.75 (£2.14)

Elon Musk: $37,000 (£28.8k)

Musk's current salary stands at around $37,000 (£28.8k) to adhere to Californian minimum wage regulations, but the superstar CEO famously refuses it. "I don't cash it in. It just ends up accumulating in a Tesla bank account somewhere," Musk told The Times. His real earnings are tied to Tesla's performance – the tech tycoon makes money by hitting a number of challenging financial targets.
Elon Musk: $37,000 (£28.8k)

If Tesla achieves 12 massively ambitious “Market Capitalization Milestones” and Tesla surges in value to over $650 billion (£506bn) within the decade, the world's most innovative billionaire will be awarded a cool $55.8 billion (£43.4bn) in stock options.
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