Poor Steve Jobs earns only $1 again

Discussion in 'Current Events' started by Doctor Q, Mar 13, 2006.

  1. Doctor Q Administrator

    Doctor Q

    Staff Member

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    #1
    CNET: Apple again pays Jobs $1 salary

    Salaries of other Apple execs for Fiscal 2005, as shown in the article:

    Tim Cook, Chief Operating Officer: $602,434 + $600,239 bonus

    Jon Rubinstein, iPod unit chief: $552,795 + $551,239 bonus

    Ron Johnson, executive for retail: $552,795 + $550,202 bonus​
    What's with the 0.2% extra bonus Rubinstein got compared with Johnson? Small enough not to make a difference, but big enough to give Rubinstein bragging rights, since their salaries were identical.

    See also the Jobs Worth $4.4 Billion thread.

    I can brag too: My MacRumors salary last year was almost exactly the same as Steve Jobs' Apple salary!
     
  2. iGary Guest

    iGary

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  3. gekko513 macrumors 603

    gekko513

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    #3
    Me too, even 600 grand kroner would be nice. :(
     
  4. iMeowbot macrumors G3

    iMeowbot

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    #4
    Gold watch? He's retiring at the end of the month.
     
  5. thedude110 macrumors 68020

    thedude110

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    #5
    Imagine how many nautical charts you could buy.
     
  6. atari1356 macrumors 68000

    atari1356

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    #6
    I'd be happy with 1/6th of that.
     
  7. emaja macrumors 68000

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    #7
    Ten million shares at $65.68 - today's close - is quite enough to overcome the $1 salary.

    I could get a few Enzos to trash on the PCH for that $656,800,000.
     
  8. After G macrumors 68000

    After G

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    #8
    I'd be happy with a $10,000 tax-free gift from 60 people every year.
    Or a $599,980 salary with a $20 manual on how to dodge taxes.
     
  9. _bnkr612 macrumors 6502a

    _bnkr612

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    #9
    Must be nice. I can see myself maybe making 90-110K in 6 years. I am 24 now...

    If I made 600k a year, I might just buy an iSight.
     
  10. alexstein macrumors 6502a

    alexstein

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    #10
    The salary is one thing of those execs but I sure would like the option of abonus plan like that as well.
     
  11. turbopants macrumors regular

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    #11
    Those 10 million shares fully vested this month should more than make up for his considerably small base salary these last few years! ;)
     
  12. Counterfit macrumors G3

    Counterfit

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    #12
    I wouldn't mind doubling my salary with bonuses. Of course, I still would be making less than US$15k/yr
     
  13. Dr. J macrumors member

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    #13
    1 dollar?? who care when you have that many shares of Apple, and more importantly DISNEY
     
  14. dmw007 macrumors G4

    dmw007

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    #14
    Sounds good to me, I'll settle for $600,000 a year! :)
     
  15. Abstract macrumors Penryn

    Abstract

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    #15

    But if he doesn't get any more shares this year, then his "salary" is $1 a year + whatever he makes from the increase in AAPL share price. If his shares decrease, and he doesn't get any more stock, then it's like he's paying to work there.

    Of course, he's rich as hell, so I don't feel sorry for that bastard at all. :cool:
     
  16. Chundles macrumors G4

    Chundles

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    #16
    Moneymoneymoneymoney.....MONEY!!


    Man that billions of dollars would buy lots of wine. I'd buy all the cool stuff and be smasehd every night.
     
  17. wordmunger macrumors 603

    wordmunger

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    #17
    I wonder what Jonathan Ive makes -- he's not on that list, but I'd have to guess it's a huge amount.
     
  18. achie25 macrumors 6502

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    #18
    Boy... Steve must really know how to stretch a dollar!! :rolleyes:
     
  19. m-dogg macrumors 65816

    m-dogg

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    #19
    I'm surprised more people aren't impressed with those bonuses being essentially equal to their annual salary!

    Man, I'd be pumped just to keep my current salary but get a bonus equal to my salary each year!
     
  20. nbs2 macrumors 68030

    nbs2

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    #20
    I wonder if he is helping to contribute to the savings deficit....I imagine that he goes out and blows his entire salary before buying groceries, let along putting it in the bank or an IRA...so irresponsible. I imagine his wife and kids are suffering as a result of that.:( ;-)
     
  21. Dagless macrumors Core

    Dagless

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  22. emaja macrumors 68000

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    #22
    Even if the stock completely tanks to $1.00 per share, he still has 10 million shares. That is a butt-load of money any way you look at it.

    He was given those shares a few years ago and he becomes fully vested in them this year IIRC.

    Damn. That's just an insane amount of net worth he has accumulated.
     
  23. portent macrumors 6502a

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    #23
    Supposedly, the $1 is just so that he shows up on the company payroll. He is thus eligible for the company health insurance plan.

    Even billionaires need help with health care costs. :)
     
  24. EricNau Moderator emeritus

    EricNau

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    #24
    Steve Jobs holds the world record for lowest paid CEO.
     
  25. topgunn macrumors 65816

    topgunn

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    #25
    I bet Disney DOUBLES his salary when he becomes their CEO.
     

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