Google just gave Sundar Pichai a $692M pay package

In Brief

Sundar Pichai’s caller wage bundle could beryllium worthy $692 million. Per a filing archetypal spied by the FT, Alphabet has structured a three-year woody for its Google CEO that could marque him 1 of the highest-paid executives connected the satellite — but astir of it is tied to performance, including caller banal incentives linked to Waymo and Wing, its drone transportation venture.

What’s striking is however small nationalist fascination Pichai attracts compared to Google’s founders. Larry Page and Sergey Brin — the second- and 4th richest radical successful the satellite — person lately captured headlines for a antithetic crushed entirely; some person been snapping up lavish Miami properties, wide seen arsenic a effect to California’s projected Billionaire Tax Act — a ballot inaugural targeting the state’s astir 200 billionaires with a one-time 5% levy connected nett worthy exceeding $1 billion. Page reportedly spent implicit $173 cardinal connected 2 mansions successful Coconut Grove, Florida, recently, portion Brin was conscionable linked to a $51 cardinal megamansion 14 miles away, atop 2 earlier purchases totaling $92 million.

Pichai, by contrast, remains softly rooted successful Los Altos, California, arsenic acold arsenic the nationalist knows. He’s a billionaire, excessively — the astir sevenfold maturation successful Google’s marketplace headdress since helium took the helm successful 2015 has made the banal he’s accumulated on the mode hugely valuable. He and his woman presently clasp shares worthy astir $500 million, with different estimated $650 million sold arsenic of past summer, per Bloomberg’s calculations.

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