$237M: Top-paid U.S. CEO is Bucknell grad Marc Lore, leading Walmart.com vs. ex-partner Amazon
Tech, investment-bank and entertainment CEOs lead the list of the highest-paid.
Marc Lore, the Bucknell University grad who sold his Jet.com to Walmart last year and now leads Walmart's online-sales efforts against Amazon.com (which bought Lore's previous company, Diapers.com/Quidsi), was the top-paid U.S. CEO last year, Bloomberg reports.
Lore's take-home pay includes his share of the first installments of the $3.6 billion Walmart paid him and his investors (Philadelphia-based Mentor Tech, Google Ventures, Fidelity, and others) for Jet.com, his Jersey City-based online-commerce firm, which included a warehouse in Swedesboro.
Other high-paid bosses — the top 10 earned more than $75 million each — included: Apple chief Tim Cook ($150M); John Weinberg, the ex-Goldman Sachs-er who heads investment bankers Evercore Partners ($124M); Alphabet/Google boss Sundar Pinchai ($107M); and Elon Musk, who paid himself $100 million as head of the much-publicized-but-not-yet-profitable electric-car and energy-development firm Tesla Inc.
Bosses at IBM, Caesars, Viacom, CBS, and Mario Gabelli's Gamco mutual funds round out the list. Read it here.