Which company has the best paid CEO in America? You'd think a household name, right?
Nope. Beating out the CEO of every single household name from Walmart to GE, from Apple to Goldman Sachs, is Charif Souki of Cheniere Energy, a small fracking firm that is just 2 percent of the size of energy mammoth Exxon Mobil. Souki made $142 million last year. Cheniere Energy has enthusiastic market support, as its stock has risen 1,800 percent since 2008, but it has never actually made a profit.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
South Carolina to execute prisoner by firing squadspeed read Death row inmate Brad Sigmon prefers the squad over the electric chair or lethal injection, his lawyer said
-
Trump eases Mexico, Canada tariffs again as markets slidespeed read The president suspended some of the 25% tariffs he imposed on Mexican and Canadian imports
-
Trump tells Cabinet they are in charge of layoffs, not MuskSpeed Read The White House has faced mounting complaints about DOGE's sweeping cuts
-
Crafting emporium Joann is going out of businessSpeed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pausesSpeed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
-
Chinese AI chatbot's rise slams US tech stocksSpeed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor dealSpeed Read The strike could have shut down major ports from Texas to Maine
-
Biden expected to block Japanese bid for US SteelSpeed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
-
Judges block $25B Kroger-Albertsons mergerSpeed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
-
Rupert Murdoch loses 'Succession' court battleSpeed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
-
Bitcoin surges above $100k in post-election rallySpeed Read Investors are betting that the incoming Trump administration will embrace crypto
