2024’s highest-paid CEOs may come as a surprise.
Transcript:
The Wall Street Journal has released its annual list of the highest-paid CEOs — and there’s a new name at the top. The CEO who made the most money in 2024 is Axon Enterprise’s Rick Smith.
Smith, who co-founded Axon, which makes Taser stun guns, raked in $165 million in pay last year. He received an incredible 999% pay increase from 2023.
Rounding out the top 5 are General Electric’s Larry Culp, Blackstone’s Stephen Schwartzman, Apple’s Tim Cook, and KKR’s Joseph Bae. Every CEO in the top 10 made more than $60 million last year. Other notable names on the list include JPMorgan’s Jamie Dimon at 23, Meta’s Mark Zuckerberg at 63, and Elon Musk, who ranked last, as he made $0 as CEO in 2024.
Last year’s top-earning CEO, Broadcom’s Hock Tan, fell all the way to number 407, taking home roughly $2.5 million. According to the Journal’s report, roughly half of the 417 CEOs it analyzed made at least $17.1 million — that’s up from $15.8 million the year before.
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