Google just gave Sundar Photos a $692M pay package

Sundar Pichai’s new salary package could be $692 million. At a reservation first written by FTAlphabet has made a three-year contract for its Google CEO that would make him one of the highest paid executives in the world – but most of it is linked to work, including new incentives linked to Waymo and Wing, its drone delivery service.

What’s interesting is how much attention Photos has attracted compared to the founders of Google. Larry Page and Sergey Brin – the second and fourth richest people in the world – have recently grabbed the headlines for different reasons; Both have been taking on Miami’s luxury properties, which are known to respond to California’s demands Billionaire Tax Act – a voting system that is looking at about 200 million people of the state who pay a one-time 5% on the value of more than $ 1 billion. Page reportedly spent more than $173 million on two homes in Coconut Grove, Florida, recently, while Brin was only linked with $51 million. 14 miles awayon top of two previous acquisitions totaling $92 million.

Photsi, by contrast, remains quiet in Los Altos, as far as the public knows. He’s a billionaire, too — the nearly seven-fold growth in Google’s market share since he became CEO in 2015 has made the stock he’s amassed enormously valuable. He and his wife now have shares worth approx $500 millionand someone compares $650 million it sold as much as last summer, according to Bloomberg calculations.