Google just gave Sundar Pichai a $692 million pay package


Sundar Pichai’s new salary package could be worth $692 million. per head giving first It was spied on by the FTAlphabet has inked a three-year deal for the Google CEO that could make him one of the highest-paid executives on the planet — but much of it is tied to performance, including new stock incentives tied to drone delivery ventures Waymo and Wing.

What’s striking is how much less public Pichai is compared to Google’s founders. Larry Page and Sergey Brin, the world’s second and fourth richest men, have recently grabbed the headlines for a completely different reason; both are snapping up luxury Miami properties widely seen as a response to what California has to offer. The Billionaire Tax Act — A ballot initiative targeting the state’s roughly 200 billionaires by imposing a one-time 5% tax on net worths exceeding $1 billion. Paige was recently reported to have spent more than $173 million on two mansions in Coconut Grove, Florida, while Brin was linked to a $51 million mega-mansion. 14 miles awayit topped two previous acquisitions totaling $92 million.

Pichai, on the other hand, has been quietly taking root in Los Altos, California, as far as the public knows. He’s also a billionaire—Google’s market cap has nearly sevenfold since he took the helm in 2015, making the shares he’s picked up along the way quite valuable. He and his wife currently own shares worth approx 500 million dollarswith another approximation 650 million dollars According to Bloomberg estimates, it was sold last summer.



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