Saturday, May 5, 2007

Who are the top paid CEOs

Who said you needed to be in business to be rich, even working for others will give you similar result. These CEOs are making more money than any decent sizeable publicly traded companies.
Despite a $1 yearly salary, Apple chief executive Steve Jobs still managed to top Forbes' list of highest paid CEOs for 2006, raking in more than $646 million through stock-based compensation -- more than twice that of the next highest paid boss.

Following Jobs as the second highest paid chief executive was Occidental Petroleum boss Ray Irani, who earned $321.64 million. He was followed by IAC/InterActiveCorp chief executive Barry Diller ($295 million), Fidelity National Finl CEO William P Foley II ($179 million), and Yahoo chief Terry Semel ($174 million). Michael Dell, founder of Apple rival Dell, came in as the 6th highest compensated chief executive with a paycheck of $153 million.

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