Google's Larry Page Earned Just $1 Last Year

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Larry Page, Google's co-founder and chief executive, speaks during the keynote presentation at Google I/O 2013 in San Francisco, May 15, 2013.

Image: Jeff Chiu

By Todd Wasserman2014-04-14 14:00:00 UTC

Google had an active 2013: Its stock price rose 56% and it introduced such products as Google Glass and Chromecast.

So how did the company's CEO, Larry Page, fair?

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Not so well, at least in terms of salary. In a report analyzing the executive pay for the top 100 corporations, Page was at the bottom of the list, with just $1 in total compensation.

The study, executed by Equilar on behalf of the New York Times, revealed that Page made $1 in salary and nothing in any other form of compensation, including stock options and bonuses.

Receiving a $1 annual salary has become a sign that you've made it in the tech world. Steve Jobs may have started the trend with a single-digit salary starting in 1997 until his death in 2011. Facebook CEO Mark Zuckerberg also earned a $1 salary in 2013, but he received another $653,164 in "other compensation." Page and Google cofounder Sergey Brin have each received a $1 salary since 2004.

Forbes estimates that Page's wealth is $32.3 billion.

At the other end of the list, Oracle CEO Larry Ellison filled the top-earning slot with $78.4 million last year in total compensation, and Disney CEO Robert Iger was No. 2 with $34.3 million. News Corp.'s Rupert Murdoch made $26.1 million, followed by Honeywell International's David Cote ($25.4 million) and Emerson Electric's David Farr ($25.3 million.)

Warren Buffett placed No. 99 on the list with $485,606 in compensation; Microsoft's Steve Ballmer (No. 98) earned $1.3 million and Procter & Gamble's Alan Lafley earned $2 million. Apple's Tim Cook wasn't far ahead with $4.3 million in total compensation, making him No. 95 on the list.

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Topics: Business, Larry Ellison, larry page, Mark Zuckerbeg, salary