Amazon’s CEO Received $1.68 Million Total Compensation for 2011
Jeffrey Bezos, Amazon’s chief executive is one of the lowest paid CEO’S, earning $1.68 million in total compensation for 2011, the same amount he did the previous year, according to a filing with the Securities and Exchange Commission Friday.
Bezos received a base salary of $81,800 and other compensation, including security and business travel worth $1.6 million.
Bezos, 48 founded Amazon, headquartered in Seattle, Washington in 1994. The Company currently employs 56,200 full time employees.
According to the Wall Street Journal, even though Bezos is one of the lowest paid CEO’s, he is worth billions of dollars in paper profits given his beneficial ownership of 19 percent of Amazon shares.
Amazon’s stock opened at $189.90 Friday.