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Digital Life
 

Facebook's Zuckerberg 'likes' lower salary

Published on Apr 1, 2014 9:22 AM
 
Facebook's 29-year-old billionaire creator Mark Zuckerberg got paid a salary of US$1 (S$1.30) last year, stock market documents showed on Monday. -- FILE PHOTO: AFP

NEW YORK (AFP) - Facebook CEO Mark Zuckerberg's salary was down last year, but don't cry for him. He'll be OK.

In fact, the megawealthy Facebook boss was just following the CEO salary downsizing trend for some industry heavyweights, such as Google.

The social networking site paid him a salary of US$1 (S$1.30) last year, stock market documents showed on Monday.

The same documents, released ahead of the company annual meeting, showed Mr Zuckerberg's full compensation last year hit US$653,165, down from US$1.99 million in 2012.

 
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