This year highest paid CEOs, cut across different fields and from different industries. They are the executives, leaders, who are in charge of managing an organization. They are required to maximize the value of the firm, increase the market share, revenues or other elements, and are generally the highest paid among all the employees. Listed below are the top highest paid CEO’s of 2017, and what they spend their fortune on.
- Dara Khosrowshahi, Expedia Salary: $94.6 million
He is the highest paid CEO’s in the world currently, he is the top boss of Expedia, Inc. who makes a wholesome $94.6 million a year. Dara Khosrowshahi has been serving As Chief Executive Officer of Expedia since 2005. Under his leadership company has extended its presence to more than 60 countries in the world. According to reports, he’s also the only CEO who got a raise of 881%, an investment. The company protected him making him sign a long-term employment agreement with them and ensuring that he stays on until 2020. Along with the increment in his base salary, Khosrowshahi also got stock options and other benefits.Expedia President and CEO Dara Khosrowshahi and his wife are no doubt well versed in travel, so they must really love Miami Beach after plopping down $9.95 million for a pair of condos in the new 321 Ocean Drive building for $9.95M.
- Leslie Moonves, CBS Corporation. Salary: $56.4 million
As one of the biggest television broadcasting companies in the world, CBS pays its boss man $56.4million per annum. Moonves is the man responsible for the network exploring their various options in the digital space, Under Leslie Moonves’ direction, CBS Network has been ranked #1 in viewers for last 13 to 14 years, He is currently the second highest paid C.E.O the world. Leslie is well known for spending on private jets for personal trips.
- Philippe P. Dauman Viacom: $54.1 million
Philippe Dauman, the person leading Viacom since September 2006, been significantly selling Viacom stock it has been reported that between 2011 to 2015, Dauman received an approximate amount of 6.42 million shares through grants, purchase, and options, and also sold 5.53 million shares. Even with recent issues on being removed as the member of the trust, he continues to be the highest paid employee in the world.
- Mark V. Hurd Oracle Corporation:54 million
Mark Hurd is the CEO of Oracle Corporation and also the board of director for the company. With 30 years of experience in industrial leadership, hardware expertise, technology and executive management, he joined Oracle in 2010. He has been leading Oracle with the successful effort to enhance operational efficiency and improve the product line and drive growth.
- Safra A.Catz Oracle Corporation:53.2 million
Seventeen-year veteran, Catz has been serving as co-CEO since late 2014 and currently one of the highest paid female executive in the world with $53.2 million in 2015. Credited with aggressive financial strategy, spearheading and the company has completed 85 acquisitions in last five years.
- Frank J. Bisignano. First Data:$51.6 million
Frank J. Bisignano is serving as CEO and Chairman of private technology from First Data from April 29, 2013. He is the main guy behind the technology push at the company in 2014 and also the collaboration with Apple Inc. As per the reports, journalist of Wall Street Journal wrote about First Data as one of the top turnaround stories.
- Leonard S.Schleifer. Regeneron Pharmaceuticals:47.5 million
Dr, Leonard Schleifer is the founder of biotechnology company Regeneron Pharmaceuticals. His hard work and in-depth study on drugs resulted in the success of drug Eylea which was developed in 2011 for the treatment of age-related macular degeneration. With new experimental drugs for asthma, arthritis, and high cholesterol, Regeneron had observed the increase in share price over 220% in last few years. He was ranked number one among the top biopharmaceutical executives with the highest compensation in 2015.
- Robert A.Iger. Walt Disney:$43.5 million
Robert Iger, better known as Bob Iger. He is the C.E.O of the largest media company in the world and has most respected and loved brands all around the world. Disney had major releases like Star Wars: The Force Awakens and Pixar’s Inside Out which were profit drivers for the company. Even though Iger’s salary dropped from $46.5 million in 2014 to $44.9 in 2015, and now $43.5 million, his work on major projects like Star Wars and monetizing on the Stars Wars franchise was appreciated by the company. With the movie breaking box-office records, Iger’s early retirement plan for 2016 was canceled and the company extended his contract till 2018.
- 9. Sandeep Mathrani: General Growth Properties:39.2 million
Sandeep Mathrani is the Chief Executive officer and Director at General Growth Properties since 2011. With more than 20 years of real estate experience, His salary was estimated at $39.2 million, which includes stock awards that will vest in 2020. he is an internal industry veteran, and he was the man responsible for revolutionizing the mall industry retail scene.
- Howard M. Lorber: Company: Vector Group:$37 million
Howard M. Lorber is one of the highest paid C.E.O IN 2017, investor and businessman and has been the president and CEO of Vector Group Ltd. As a CEO, the 50% owner of Douglas Elliman Realty along with shareholder of numerous titles, he also holds the position of chairman with the company. Douglas Elliman is the largest residential real estate brokerage in NY area.
Most of these CEOs live a very private life, however, they tend to spend their money on stocks, trips, charity, and more. These individuals are committed to their works and don’t really have time for pleasure. As the year goes by, the position of these highest paid CEOs tends to change due to individual business dealings and the performance of their organizations.