Berkshire Hathaway's Warren Buffett, Facebook's Mark Zuckerberg in shocking CEOs slide

May 27 2014, 14:51 IST
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Facebook's Mark Zuckerberg had elected to take a symbolic $1 salary in 2013, down from $503,205 in 2012. Facebook's Mark Zuckerberg had elected to take a symbolic $1 salary in 2013, down from $503,205 in 2012.
SummaryMost of Warren Buffett's and Mark Zuckerberg's wealth comes from stakes in their cos.

According to an Associated Press/Equilar pay study, while the median pay package for a CEO rose above eight figures for the first time, yet there were others who failed spectacularly. Here is a list.

1. Willard Oberton, Fastenal, $794,761, down 79 percent

2. Warren Buffett, Berkshire Hathaway, $485,606, down 77 percent (*)

3. Michael Duke, Wal-Mart, $5.6 million, down 73 percent

4. John Richels, Devon Energy, $3.7 million, down 71 percent

5. Mark Zuckerberg, Facebook, $653,165, down 67 percent (*)

(*) Both Zuckerberg and Buffett own large parts of their respective companies, and the vast majority of their wealth comes from their ownership stakes, not their salaries as CEOs. Zuckerberg, in particular, elected to take a symbolic $1 salary in 2013, down from $503,205 in 2012. Buffett for many years has had one of the lowest base salaries of the S&P 500 CEOs, at $100,000.

Also read: Best paid CEOs list: Median pay in America crosses $10 mn for first time; Anthony Petrello on top

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