As a youth, he went to Jawahar Vidyalaya Senior Secondary School. Sundar Pichai was born on Jin Madurai, Tamil Nadu, India to stenographer Lakshmi and GEC electrical engineer Regunatha. Furthermore his base salary was raised to $2 million up from $650 thousand. On December 20, 2019, it was announced that Sundar would receive an additional grant of $240 million in stock options over three years. As we mentioned previously, he earned $199 million in 2016. In addition to his 2013 stock grant, Sundar has earned north of $100 million in total compensation every year from 2014 onward. At the time he was awarded the grant, the shares were worth $184 million.
They had been worth as much as $450 million when the stock was trading at nearly $1300 per share. When those shares fully vested in April 2018, they had a paper value of $380 million. In April 2013 Sundar was granted 353,939 restricted shares of Alphabet stock that had a 5-year vesting period. In 2018 his total compensation was $470 million. In 2017 he "only" made $1.3 million because he was not given a major grant. When he earns these large salaries, it's mostly made up of share grants. For example, he earned $100 million in 2015 and $199 million in 2016. Sundar Pichai's base salary is $2 million, though in a recent typical year he has earned north of $100 million when bonuses and stock grants are taken into account.
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In that position, Pichai led the development of such software products as Google Chrome, Google Drive, and Google Maps.īetween 20 alone, Sundar received north of $1 billion in total compensation and potential earnings, pre-tax. They also still remain on the company's Board.īefore being named CEO of Google, Pichai worked at Google for 11 years as product chief. The co-founders are still the majority owners and super-owners through dual-class shares. At the same time both Larry and co-founder Sergey Brin announced they were retreating from day-to-day work at the company. Sundar replaced company co-founder Larry Page as CEO of the entire company, Alphabet, on December 3, 2019. It has also been argued that the re-arrangement allowed founders Larry and Sergey to retreat as the public faces of Google as the company deals with a barrage of anti-trust investigations from dozens of Attorneys General, the FTC and the Justice Department. The move came as part of a restructuring process which made Alphabet Inc. Sundar was named CEO of Google in August 2015. Sundar Pichai is currently the Chief Executive Officer of Alphabet Inc, the umbrella company that owns Google. Sundar Pichai is an Indian-American business executive who has a net worth of $600 million. What is Sundar Pichai's Net Worth and salary?
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