Huge Goog salary.
Posted March 26, 2008
The founders of biggest search engine GOOG earn their salaries of just one American dollar. In the same time both co-founders loose a lot of money at stocks market. They loose about 8.5 billion dollars each since markets drop. Larry and Sergei was affected from Goog’s stocks share drop from above 700$ per share to below 500$ or ~-60%. The reason of this is hide in there q4 report and house crisis.
Google’s founders also received of 1723 $ for holidays :)
GOOG’s CEO - Schmidt also make bad results for last five-six months. His stockpiles of 9.5m shares carry more than 1 billion $ looses. Schmidt also got 1$ salary in previous year, but he got more money for personal securities.
Is this sum will be enough to see their holidays?
salary, Larry Page, Sergey Brin,