Elon Musk tops the chart of 10 highest paid CEOs of the Fortune 500 

Elon Musk tops Fortune’s new list of the most highly compensated CEOs on the Fortune 500. Musk is one of the multi-billionaire CEO of Tesla and SpaceX highest paid executive in the world.

In 2021,Musk realized compensation worth almost USD 23.5 billion, from exercising some Tesla stock awarded in a 2018 multiyear “moonshot” grant. That was by far the biggest CEO payday in 2021 according to Fortune reports of 500.

Elon Musk comes in the list of 10 most highly compensated Fortune 500 CEOs of 2021 along with the heads of Apple, Netflix, and Microsoft.

According to the report of Economic Policy Institute (EPI), the average big-company CEO made 351 times the pay of the average worker on a realized basis in 2020.

While analysis the pay packages of 280 Fortune 500 CEO, we found that, CEOs who earned a median total compensation of $15.9 million, up 30% from a year earlier. When calculating a CEO’s total realized pay, we measured the company’s most recent fiscal year that includes salary and bonuses; compensation such as vested restricted stock grants, long-term incentive payouts and perks; along with stock gains in the form of value realized from exercising stock options. There are other unexercised options that are unpredictable, which we did not consider in our tabulation of total compensation.

Here are the highest-paid CEOs according to the Fortune 500.

Elon Musk, Tesla: $23.5 billion

Tim Cook, Apple: $770.5 billion

Jensen Huang, NVIDIA, $561 billion

Reed Hastings, Netflix: $453.5 billion

Leonard Schleifer, Regeneron Pharmaceuticals: $452.9 billion

Marc Benioff, Salesforce: $439.4 billion

Satya Nadella, Microsoft: $309.4 million

Robert A. Kotick, Activision Blizzard: $296.7 million

Hock E. Tan, Broadcom: $288 million

Safra A. Catz, Oracle: $239.5 million