Earning Over $100 Million: Top-Paid CEOs In The World

Earning Over $100 Million: The Highest-Paid CEOs

Earning Over $100 Million: Top-Paid CEOs in the World

CEO Madness: Top-Earning CEOs

Considering they oversee some of the largest companies in the world and make critical decisions for the growth and profitability of their companies, it’s expected that CEOs of corporations are among the highest-paid employees ever. However, even when compared to the high salaries of various other positions, CEOs always tend to be at a higher level, with compensations in the millions of dollars each year being quite common in large corporations.

But while logic dictates that CEOs of the largest companies receive the highest salaries and compensations, things don’t always work out that way. Looking at the list of highest-paid CEOs (according to the C-Suite Comp platform) reveals a clear variation in the numbers. The CEO of Hertz (current valuation $5.89 billion) receives significantly higher compensations than their counterpart leading Oracle (current valuation $311 billion). And while Apple is currently the largest company in the world, its CEO ranked tenth in the list instead of being the first.

Overall, 9 CEOs of companies earned compensations exceeding $100 million in 2022, significantly fewer than the previous year, 2021, when there were over 20. The top ten rankings were as follows:

Table of Contents

Stephen Schwarzman:

Total compensation: $253 million USD
Company: Blackstone
Industry: Asset management and investment
Market cap: $111.9 billion USD

Blackstone operates in the investment and alternative asset management field and is one of the largest companies operating in the field with around $975 billion in assets managed under the company’s umbrella. The company invests in various areas including stakes in private companies, sovereign debt securities, real estate, sciences, and many other asset types.

Sundar Pichai:

Total compensation: $226 million USD
Company: Alphabet
Industry: Technology
Market cap: $1.52 trillion USD

Alphabet (the parent company of Google) is known as one of the largest companies in the technology field today. The company started as a search engine launched in the late 1990s, but it grew to become a giant company with diverse services including email, video streaming, computer systems, and even hardware. The company also owns many subsidiaries operating in various technology fields ranging from artificial intelligence and machine learning to communications and self-driving.

Stephen Scherr:

Total compensation: $182 million USD
Company: Hertz
Industry: Car rental
Market cap: $5.89 billion USD

Hertz primarily operates in the car rental field and is one of the largest in the field, as well as being one of the oldest companies in its field, founded in 1918. The company is a leading car rental company in the United States and has massive global operations operating in over 160 countries worldwide.

Interestingly, the company had filed for bankruptcy under Chapter 11 in the United States due to declining business in 2020, but it returned from bankruptcy the following year, earning over $2 billion in total revenue in 2022 with a profit margin of 24%.

Barry McCarthy:

Total compensation: $168 million USD
Company: Peloton
Industry: Smart fitness devices
Market cap: $2.86 billion USD

Peloton has a unique business model as a fitness hardware company selling treadmills, stationary bikes, and other home exercise equipment, but this part of the company’s business is usually a loss-maker and does not generate significant profits despite the high prices of the equipment. In contrast, the company’s main revenue comes from and covers its losses from the ongoing subscriptions it offers to owners of its fitness devices, as the company’s devices connect to the internet and provide fitness lessons and health and sports monitoring for users as a service.