Advertisement
UK markets closed
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • FTSE 250

    19,884.73
    +74.07 (+0.37%)
     
  • AIM

    743.26
    +1.15 (+0.15%)
     
  • GBP/EUR

    1.1710
    +0.0017 (+0.14%)
     
  • GBP/USD

    1.2637
    +0.0015 (+0.12%)
     
  • Bitcoin GBP

    55,445.96
    -1,020.63 (-1.81%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CRUDE OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD FUTURES

    2,254.80
    +16.40 (+0.73%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • CAC 40

    8,205.81
    +1.00 (+0.01%)
     

Google Chief Now Highest-Paid Boss In America

Google boss Sundar Pichai is now the highest-paid chief executive in America after being awarded $199m (£138m) of shares.

He became chief executive in October after its reorganisation into holding company Alphabet (Xetra: ABEA.DE - news) , and was given 273,328 shares, according to a company filing.

It is more than the £130m ($187m) Google has agreed to pay the UK government in back taxes since 2005.

The award takes his total Alphabet holding to around $650m (£450m) - yet even this figure falls way short of the net worth of Google founders Larry Page and Sergey Brin.

They are worth around $34bn each, according to Forbes.

ADVERTISEMENT

:: The Rags To Riches Rise Of Google's Boss

And Google's former chief executive, Eric Schmidt, holds shares worth around $3bn.

Mr Pichai's award will vest in quarterly increments until 2019.

The 43-year-old was recently seen at Super Bowl 50 in San Francisco, where he posted a photo of himself on Twitter (Swiss: TWTR.SW - news) meeting NFL legend Ronnie Lott.

Alphabet's chief financial officer, Ruth Porat, was given shares worth around $38m on top of the $30m signing bonus she got after leaving Morgan Stanley (Xetra: 885836 - news) last year.

And Google cloud computing boss Diane Greene was awarded shares worth $42.8m, on top of around $150m she was given when Google bought Bebop Technologies - the company she founded.