Google’s VP and founder makes about 1 dollar a year

Google is one of the most valuable companies of the IT industry and Google’s stock are worth over 119 million dollars. You would think that those who founded and are managing the company would have almost ridiculous salaries, but that is in fact far from the truth. For the second year in the row VP Eric Schmidt and founders Larry Page and Sergey Brin collect a salary of 1 dollar which is just a symbolic sum. Anywho the trio hardly have any finansial problems. Solely Eric Schmidt has stock worth over 6.3 billion dollar and the profit from these will most likely be more than enough.

Source: ZDNET