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July 1, 2024 Graphics/Design:
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The Top 10 Highest Paid CEOs in America
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The median pay for S&P 500 CEOs soared to an all-time high of $15.7 million in 2023, as a strong stock market boosted executive compensation.
Some of the highest paid CEOs in America earned nine-figure pay packages, with the vast majority of CEO compensation tied to stock awards. Overall, executives in the index earned on average 196 times more than the median S&P 500 employee, up from 185 in 2022.
This graphic shows the top 10 highest paid CEOs of S&P 500 companies, based on analysis from The Wall Street Journal and MyLogIQ.
The Highest-Earning S&P 500 CEOs in 2023
Here are the S&P 500 chief executives who received the highest compensation packages last year:
RankCEOCompanyTotal PayCash PaySector 1Hock TanBroadcom $161.8M$1.2MTechnology 2Nikesh AroraPalo Alto Networks $151.4M$2.3MTechnology 3Stephen SchwarzmanBlackstone $119.8M$0.4MFinancial
Services 4Christopher WinfreyCharter
Communications $89.1M$5.2MCommunication
Services 5Will LansingFair Isaac$66.4M$2.0MTechnology 6Tim CookApple$63.2M$13.7MTechnology 7Hamid MoghadamPrologis$50.9M$1.9MReal Estate 8Theodore SarandosNetflix$49.8M$19.5MCommunication
Services 9David ZaslavWarner Bros.
Discovery$49.7M$25.0MCommunication
Services 10Glenn FogelBooking Holdings$46.7M$5.8MConsumer Cyclical
Total pay includes equity awards and cash pay.
Hock Tan, CEO of chipmaker Broadcom, tops the list, with an annual compensation of $161.8 million in 2023.
Like Nvidia, the company has benefited from surging demand for AI technologies. Broadcom supplies the networking chips used in data centers for big tech companies, including Microsoft. Between 2022 and 2023, Tan’s salary doubled, earning 510 times the median pay of employees.
Ranking in third is Stephen Schwarzman, who runs the biggest private equity firm in the world, Blackstone. The executive’s $119.8 million pay package was bolstered by a 83% rise in its share price last year. The firm is the world’s largest owner of commercial property, with approximately 12,500 real estate assets overall.
Meanwhile, Apple CEO Tim Cook received $63.2 million in 2023—a sharp decline from the $99.4 million earned in the prior year. This rare pay cut was the result of
