Steve Jobs' Salary: $1 And A Gulfstream Jet

from the not-bad dept

Steve Jobs only received $1 in salary this past year, but he also got his hands on a $43.5 million Gulfstream V jet and $40.5 million to pay for the taxes associated with the jet... so I wouldn't feel too bad for him. He didn't get any stock options this year, though I'm sure he's got plenty stored away for a rainy day. If anyone wanted to give me a Gulfstream V in lieu of salary, I think I could handle that.
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  • identicon
    alternatives(), 26 Dec 2001 @ 11:11pm

    you may be wrong about Steve's stock ownership.

    The buyout of NeXT got Steve a nice hunk of Apple stock.

    BUT:

    1) The last time Steve had a pile of Apple stock and he got canned by Scully, he sold all but one share.
    2) 6 months after the NeXT buyout, some 11 million (??? from memory??) shares were being sold off by an 'insider'. (See the SEC filings) The sepculation was it was Steve, but I never saw followup confirming it. This happened when the share price was about $11. It went up to the $50 range in less than a year.

    So it is quite possible that Jobs only owns one share of Apple stock. Remember: Jobs is also the man in charge at Pixar (the old ILM) and he issued a memo to Pixar staff letting them know that Pixar is important, and Apple is a part time job.

    link to this | view in chronology ]

    • icon
      Mike (profile), 26 Dec 2001 @ 11:19pm

      Re: you may be wrong about Steve's stock ownership

      The article says that Jobs has options equal to 5% of the outstanding stock of Apple...

      link to this | view in chronology ]

      • identicon
        msykes, 27 Dec 2001 @ 1:51pm

        Steve

        I think Steve should demand a helicopter this year, that way he can use it to fly between Apple in Cupertino, and Pixar which is up somewhere near Walnut Creek I think:-)

        msykes

        link to this | view in chronology ]

      • identicon
        eeeeeeeeeeegad !, 27 Dec 2001 @ 2:57pm

        Re: you may be wrong about Steve's stock ownership

        no salary for CEOs is a childish mind game
        only an idiot would fall that marketing
        the salary is like the $1 contriobution on your tax return,,,,its piss in the grand scheme, so just lose the $1, and look good in the process. actually, you dotn get chanrged the dollar on the 1040, but you get the point, you nitpicking fucker

        link to this | view in chronology ]


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