Steve Jobs: The $1 Man

Poor, poor Steve Jobs. In 2008, Apple’s CEO will continue to receive his third-world-like salary of $1. The worst part of this is that once again, he will not receive a raise this year. The only compensation he’ll get is a few shares of his beloved corporation, currently priced at $140 a piece.

Since Apple is afraid that Jobs will go looking for greener pastures, they have generously offered him a bit of help here and there when he has needed it the most. In 2000, they offered him a private jet valued at approximately $90 million. In 2007, the firm reimbursed over $770,000 in expenses related to the jet.

That said, you can’t deny that Jobs is a very poor man. The only thing he gets out of his job are shares of the company, which incidentally, are now worth a measly $768 million.

Being that destitute must be very hard on the man.

Advertisement





8 Responses to Steve Jobs: The $1 Man

  1. Is this post occasioned by something? It’s rather a low blow to whip out the smug sarcasm on someone who never claimed to be poor. You’re not exactly exposing hypocrisy.

  2. Is this post occasioned by something? It's rather a low blow to whip out the smug sarcasm on someone who never claimed to be poor. You're not exactly exposing hypocrisy.

  3. Well… that is a great way of avoid paying taxes… imagen how mcuh taxes he will have to pay in order to get all the money he need for a private jet, etc… He is so rich, that he doesn’t need a salary…

  4. Well… that is a great way of avoid paying taxes… imagen how mcuh taxes he will have to pay in order to get all the money he need for a private jet, etc… He is so rich, that he doesn't need a salary…