As large companies achieve ever-higher profits, it is normal for their CEOs to be paid their weight in gold. They are associated with increasingly positive market results and are thus justified.
The latest assessment of the US market showed which of the top-paid executives in the top ten are well known. Elon Musk is a guaranteed presence in a prominent place, but Tim Cook ended up falling far below the list of the most profitable companies in 2020.
Data that Bloomberg presented now they are the result of in-depth and detailed analysis of leading US companies. The idea was to continue the work done in previous years and determine which CEOs will receive the highest salaries in 2020.
Elon Musk was the highest paid CEO in 2020
At the top of this table is a name that was actually almost expected given the results of his companies and from past years... We are talking about Elon Musk, who raised $ 6.7 billion for himself, and this is stock options, which becomes the incentive for better results.
Elon Musk, who has dominated this table for the third year in a row, remains the highest paid CEO in the United States. Interestingly, the 2020 figure is very different from the $ 595.3 million achieved in 2019. Leading Tesla and SpaceX is followed by Mike Picosh, CEO of Oak Street Health, with $ 568.4 million.
Tim Cook dropped to the bottom of the list in the United States.
Far from our usual positions - the CEO of Apple. after your second place in 2019Tim Cook dropped to eighth place with $ 265 million. They totaled 250.3 million shares, 10.7 million total bonuses, 3 million salaries and 1 million privileges.
Interestingly, after Apple became the most profitable company in the worldTim Cook was at the bottom of this list. Its 2020 results doubled that of 2019, but still not enough to guarantee it a more prominent position.
Elon Musk is very different from other CEOs. Thanks to the activities of this manager, his companies have reached a high level and achieved unique results. The rest of the market also rose, like Tim Cook, who doubled his premium and still dropped to eighth position.