- $$$$$ April 1
Mark Zuckerberg has so much money that he's decided his yearly salary should be one dollar. The Facebook founder, whose wealth is estimated at $27 billion, paid himself $1 in 2013 — a steep drop from his 2012 base salary of $500,000.
But before you applaud Zuck's selflessness, know that the move is mostly symbolic — he still made $3.3 billion last year in stock options, according to a filing with the Securities and Exchange Commission.
Facebook's stock more than doubled last year, ensuring that Zuckerberg doesn't need a large base salary to live comfortably. He's not the first to take pay cut — other top tech CEOs like Google co-founders Larry Page and Sergey Brin own sizable equity stakes but only get paid one dollar in salary.- - Jordan Valinsky
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
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- The hilarious hypocrisy of Republicans complaining about the imperial presidency
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- 10 things you need to know today: November 26, 2014
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- How to be the most productive person in your office — and still get home by 5:30 p.m.
- 43 TV shows to watch in 2014
- Hey, scolds: Stop telling us to enjoy a healthy Thanksgiving
- Republicans love this new health care plan. Too bad it's basically a tax cut for the rich.
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