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The Almighty Buck

Submission + - Steve Jobs highest paid CEO - $646 Mil

Whiney Mac Fanboy writes: "Fans of Apple CEO Steve Jobs are quick to point out that he is only paid a $1 salary for his role at Apple. However, according to Forbes he's the highest paid executive in the US — to the tune of 646 Million dollars for 2006. From the article

Forbes said the highest-paid CEOs were not always those that delivered the most to shareholders.Forbes said by its analysis, Apple's Jobs was 36th. Topping the list was John Bucksbaum of General Growth Properties, a real-estate investment trust. Over the past six years, Bucksbaum was paid $US723,000 a year while delivering a 39 per cent annual return to shareholders.
I wonder how much of that $646 Million was from improperly backdated options?"

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