Outgoing Microsoft CEO Tops Wealthiest US CEOs List Despite Reduced 2012 Bonus
With a fortune of US$17 billion, Microsoft’s Steve Ballmer is the wealthiest chief executive amongst those heading the 30 largest publicly-listed US firms. This comes despite Ballmer being the lowest paid Dow Jones CEO in 2012, taking home US$1.3 million in total compensation compared to peers who earned up to US$40 million.
Wealth-X, the ultra high net worth (UHNW) intelligence provider, compiled the list from proxy statements filed with the US Securities and Exchange Commission regarding firms listed on the Dow Jones Industrial Average benchmark index.
Ballmer received a 2012 fiscal bonus of US$620,000, less than half the possible maximum bonus of US$1.37 million. Microsoft trimmed pay for its executives last year, citing slower-than-planned growth in its online services division and a US$732 million fine for failure to comply with European regulators.
Download the PDF and find out who the Top 10 Dow Jones Executives are.