Sundar Pichai, 43, the chief executive of Google, has been awarded $199m (£138m) in shares, a regulatory filing has
revealed. This makes him one of the tech world’s richest non- founders.
Pichai, who became Google’s CEO in October was awarded 273,328 Alphabet shares on 3 February, worth $199m when they were awarded according to a filing with
the US Securities and Exchange Commission.
The new shares takes the value of Pichai’s Alphabet holdings to roughly $650m – or 14,440 times the $45,000 median net worth of US citizens as calculated by Credit Suisse.
Larry Page and Sergey Brin, the founders of Google, who are worth $34.6bn and $33.9bn according to Forbes. It is also a lot less than Google’s former CEO, Eric Schmidt, who holds shares worth $3bn.
The highest pay package for any US chief executive reported last year was the $156 million given to David Zaslav of the media group. Discovery Communications.
Mr Pichai became chief executive of the search engine giant following the creation of its parent, Alphabet.