Google boss Sundar Pichai becomes highest paid chief executive in US
The boss of Google has become the highest paid chief executive in America after being handed $199m 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 Mr Pichai’s total stock value now sits at about $650m.
The payout will make him the top-earning chief executive in the United States when compared to the Forbes list of the top 10 highest-paid US bosses.
Mr Pichai became chief executive of Google following the creation of its parent company Alphabet last year.
However, his fortunes are dwarfed by those of Google founders Larry Page and Sergey Brin, who have reportedly made $34.6bn US dollars and $33.9bn respectively.
Google owner Alphabet knocked fellow US tech giant Apple off its top spot last week to become the world’s most valuable public company.
Alphabet posted a fourth-quarter profit of $4.9bn when it updated the market on February 1, up from $4.7bn a year ago.
It means Alphabet’s market value at the time stood at $555bn, compared with Apple which is valued at $533bn.
Google – which holds lucrative businesses such as digital advertising sales, search engine and YouTube – reorganised itself under Alphabet last October.
