Apple pays Steve Jobs another buck for 2009

John Brownlee ()

Apple pays Steve Jobs another buck for 2009

After leading his company through a year of unbridled financial success and unparalleled market share growth in both the home computer and smart phone sectors, Apple CEO Steve Jobs will finally take home his paycheck. He earned a buck this year. That’s ten thin dimes.

Of course, we’re all Apple fans here, so we know that’s Jobs’ customary salary. We also the man’s hardly hurting for money: he’s sitting on 5.5 million shares of Apple stock, which is worth a cool $1.1 billion. Additionally, he owns a 7.4 percent stake in Disney, valued at $4.5 billion. In other words, the man can afford to buy us all an iPod.

Still, has a buck ever been harder earned?

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About the author

John BrownleeJohn Brownlee is news editor here at Cult of Mac, and has also written about a lot of things for a lot of different places, including Wired, Playboy, Boing Boing, Popular Mechanics, Gizmodo, Kotaku, Lifehacker, AMC, Geek and the Consumerist. He lives in Cambridge with his charming inamorata and a tiny budgerigar punningly christened after Nabokov's most famous pervert. You can follow him here on Twitter.

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  • http://www.toxicspark.com Andrew Macdonald

    The guy is a legend, and i commend him for his tiny salary. Even so, he deserves to be on $5 million a year, but as you said, he’s hardly hurting for cash.

  • ged

    I recall he initially invested only $10,000,000 in Pixar?
    If that is right, then he must also be “investor of the decade” too?

  • Charli

    it is a common practice in big business for the CEO to take a really small salary with profit based bonuses and/or stock shares. the idea is that the CEO is the captain of the ship and whether it sinks or floats depends on his/her guidance. And it isn’t right that the CEO should make millions, even billions, if the company is sinking. because it means to some degree, he or she didn’t do a good job.

    it is a logic that has been held up as an example by some folks in Hollywood for changing how ‘bankable’ stars (ie, you score one of them in the movie and supposedly you can take it to the bank) are paid. Because, say some, it isn’t right that someone like Tom Cruise or Brad Pitt could make $10 mil on a movie and then it tanks and doesn’t even make back the budget. the idea was supposed to be that Tom and Brad would bring in the box office cause hey, it’s Tom Cruise and Brad Pitt. So pay them less up front and give them a cut of the profit, say these groups, just like CEOs.

  • Scott

    I think it would be pretty funny if Apple gave Steve $2 this year as recognition for his achievements.

  • http://blog.argentinaslovenia.com/ Carlitos

    I always thought Steve’s hand in the header pic to be *very* weird! I mean, I look at that, and I go *ouch*.