Google just awarded Sundar Pichai a $692 million salary package

Sundar Pichai’s new pay package could be worth up to $692 million. For every a Deposit Firstly Spied by FTAlphabet has structured a three-year deal for Google’s CEO that could make him one of the highest-paid executives on the planet — but most of it is tied to performance, including new stock incentives tied to Waymo and Wing, its drone delivery venture.

What is striking is how little public fascination Pichai attracts compared to the Google founders. Larry Page and Sergey Brin – the second and fourth richest people in the world – have been in the news recently for a very different reason; Both were acquiring luxury properties in Miami, widely seen as a response to California’s proposal Billionaire tax law — A ballot initiative targets the state’s nearly 200 billionaires with a one-time 5% tax on net worths exceeding $1 billion. Page reportedly spent more than $173 million on two mansions in Coconut Grove, Florida recently, while Brian was just linked to a $51 million mega mansion. 14 miles awayin addition to two previous purchases for a total value of $92 million.

By contrast, Pichai remains quietly rooted in Los Altos, California, as far as the public knows. He’s a billionaire, too — the nearly seven-fold growth in Google’s market capitalization since he took over in 2015 has made the stock he’s amassed along the way very valuable. He and his wife currently own shares worth approx 500 million dollarsWith another estimate 650 million dollars It was sold out as of last summer, according to Bloomberg calculations.