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Google pair paid $1

Google chief executive Larry Page and business partner Sergey Brin limited their salaries to $US1 each last year, though four other top executives received packages totalling more than $US124 million. Page and Brin are Google's two biggest stockholders, with stakes worth about $US20 billion each.
By · 26 Apr 2013
By ·
26 Apr 2013
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Google chief executive Larry Page and business partner Sergey Brin limited their salaries to $US1 each last year, though four other top executives received packages totalling more than $US124 million. Page and Brin are Google's two biggest stockholders, with stakes worth about $US20 billion each.
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Frequently Asked Questions about this Article…

The article reports that Google chief executive Larry Page and his business partner Sergey Brin limited their salaries to US$1 each last year.

According to the article, Page and Brin are Google's two biggest stockholders, with stakes worth about US$20 billion each.

Yes. The article says four other top executives received compensation packages totalling more than US$124 million.

As reported in the article, the US$1 salary shows Page and Brin took minimal cash pay while remaining large shareholders (about US$20 billion each). For everyday investors, this can be a signal that the founders’ financial interests are tied to the company’s stock performance, though the article does not provide further detail on their total compensation.

No. The article only states they limited their salaries to US$1 each and notes their large stockholdings; it does not specify whether they received other forms of pay during that period.

The article notes that four other top executives received packages totalling more than US$124 million. Everyday investors may consider this when assessing overall executive pay and incentives at Google, keeping in mind the article does not break down the individual packages or their structure.

No. The article states the fact that Page and Brin limited their salaries to US$1 each but does not provide an explanation or the reasons behind that decision.

The article provides key data points — US$1 salaries for the founders, large stock stakes of about US$20 billion each, and more than US$124 million in packages for four other executives — that everyday investors can use as part of their evaluation of management incentives and company governance. The article itself does not offer investment advice or further analysis.