Google boss becomes highest paid US CEO

Sundar Pichai, boss of Google, has become America's highest paid executive. (AAP)

Sundar Pichai, boss of Google, has become America’s highest paid executive. (AAP)

The boss of Google has become America’s highest paid chief executive after being handed $US199 million ($A281.11 million) in shares.

Sundar Pichai was awarded 273,328 shares in Google’s parent company Alphabet on February 3, according to a regulatory filing with the US Securities and Exchange Commission.

It is reported that Pichai’s total stock value now sits at about $US650 million.

The payout will make him the top-earning chief executive in the US when compared to the Forbes list of the top 10 highest-paid bosses.

However, Pichai’s fortunes are dwarfed by those of Google founders Larry Page and Sergey Brin, who have reportedly made $US34.6 billion and $US33.9 billion respectively.

Pichai snagged the top job at Google last year when the tech business reorganised itself under new parent company Alphabet.

Google holds lucrative businesses such as digital advertising sales, search engine and YouTube.

Last week Alphabet knocked fellow US tech giant Apple off the top spot to become the world’s most valuable public company, with a market value of $US555 billion, compared with Apple’s $US533 billion valuation.

The company posted a fourth-quarter profit of $US4.9 billion when it updated the market on February 1, up from $US4.7 billion US dollars a year ago.

Leave a Reply

Your email address will not be published. Required fields are marked *


Echonetdaily is made possible by the support of all of our advertisers and is brought to you by this week's sponsors Artstate Lismore and NORPA. Sponsors-747-ArtState-NORPA-480px