Steve Jobs' Apple annual salary still just $1

But he's got quite a few shares mind

Steve Jobs' Apple annual salary still just $1

12 January 2011 13:49 GMT / By Paul Lamkin

If you're employed then the chances are that you earn more through your salary than Steve Jobs does from Apple.

The Cupertino Computers CEO gets paid just $1 per year for his work at Apple - and has done for the past 10 years.

But don't start a turtle-neck fund-raiser just yet, as Jobs is still doing okay financially. Well, more than okay in fact.

A SEC filing has revealed that the Apple boss has 5.5 million Apple stock shares, which is worth about £1.16 billion, and it has also been announced that he hasn't sold a single share since he rejoined the company in 1997.

Jobs' income is also boosted by the fact he owns 138 million shares of Disney stock (£3.45 billion), which earned him £35 million in dividends last year, and is the largest shareholder in the company.

That $1 salary doesn't sound so bad now does it?

See also - Financial Times names Steve Jobs Person of the Year

VIDEO: Steve Jobs in the Dragons' Den

News - Jobs and Murdoch to unveil The Daily on 19 January

Via: nexus404.com

Full tags
Apple, Steve Jobs, Biz, Stats

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