Sundar Pichai, the Indian-born IIT(Kharagpur) passout, who was a guy from a very small family is one of the richest human beings alive on Earth and also the Highest paid CEO out there! Recently, as we know, Sergey Brin and Larry Page took over Alphabet as Google’s mother company and Sundar Pichai became the CEO of Google.
In a securities filing, Alphabet revealed that it awarded Sundar Pichai, the Indian-born CEO of Google 273,328 class-C Google stocks. These stocks at the time of transfer were valued at $199 million. The company has revealed that these were transferred to him when he took over the role last October, and that reportedly makes him the best-paid CEO in the United States.
The new shares granted to him lifts the value of Sundar Pichai’s stake in Alphabet to more than $650 million which is around 14,400 times the average wealth of a US citizen but still comfortably below the shares held by co-founders Larry Page and Sergey Brin, whose net wealth is around $34.5 billion and $35.3 billion respectively. Google’s stock price has reportedly grown over 17% since Sundar Pichai took charge of work at Alphabet’s prime business earning the company billions in revenues.
It feels awesome when you see Indians getting so awesome over the world 🙂 Being Indian, I can say that we are taking off the world like a wind and Tekh Decoded team is proud of this true fact! 🙂