Elon Musk is also one of the CEOs included on the list.
We all know that Elon Musk (currently the second richest person in the world after Bernard Arnault) is extremely wealthy. In fact, Arnault, Musk, Jeff Bezos and others are richer than many countries on Earth. It would be interesting to know how long it would take a CEO of a tech company to earn your year’s salary, pay off all your student loans, and pay off all your mortgage. He has a website that provides exact numbers that apply to 15 of the biggest names in technology.
The company that created this website says it uses data on salaries, bonuses, stock returns, and other forms of compensation. This is based on his SEC filings from 2019, so expect more heartburn when you see the latest net worth numbers.
People like Facebook’s Mark Zuckerberg, YouTube’s Susan Wojcicki and Netflix’s Reed Hastings reveal how quickly they can pay off all their expenses.
The CEOs on the list are among the highest-paid executives in the technology industry, with a combined income of $83 billion (according to 2019 data).
To see comparative numbers, users must select from three fields on the website: CEO’s name, annual salary, and dollar amount (in USD). The first option has the names of her 15 CEOs, and users can choose between annual income, outstanding mortgage amount, and total student loan debt.
Earlier this week, Moët Hennessy Louis Vuitton (LVMH) chairman and CEO Bernard Arnault overtook Mr. Musk as the world’s richest person. According to Forbes, the French billionaire and his family’s net worth increased by $23.6 billion to $207.6 billion.
That’s more than the Tesla CEO’s $204.7 billion net worth, which fell 13% as Musk lost more than $18 billion.