Schmidt earns 30 million on a 1-dollar salary.

Source: Internet
Author: User
Keywords Entrepreneurship venture capital entrepreneurial information digging the shell net
The CEO of the 1-dollar salary, Google CEO Eric Schmidt, exercised 57,100 stock options last week to sell the shares at $530.38 a share and earn $30,284,698, He Wenhua. According to the reporter, this is only a small fraction of his holdings of Google stocks.  yesterday according to foreign media reports, according to Google last week to the U.S. Securities and Exchange Commission submitted documents, the company's chairman and CEO Eric Schmidt recently exercised 57,100 shares of options, followed by 530.38 U.S. dollars per share of the sale of shares.  In Friday, Google's share price in the Nasdaq closed to 522.7 U.S. dollars.  in the past 52 weeks, Google's highest share price of 534.99 U.S. dollars, the lowest share price of 363.36 U.S. dollars. Mr. Schmidt said last month that Google has no plans to split shares at the moment.  It is understood that as early as the second quarter of 2004, Google CEO Schmidt, Google co-founder Page and Brin three people will be their annual salary reduced to 1 U.S. dollars. However, these three people have a large number of shares in the company. According to statistics at the end of last year, CEO Schmidt held 12.5 million shares of Google, worth 5.5 billion of dollars at the time, now worth about 6.6 billion dollars, personal paper wealth in half a year to add value of 1 billion dollars.
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