Its well knew that Sundar Pichai is also CEO of Alphabet in addition to Google. Pichai was recently made CEO of Google’s parent company Alphabet in the year 2019. Pichai was elected CEO of the company following the resignations of Alphabet’s founders Larry Page and Sergey Brin.
US tech giant company Alphabet has proclaimed that its Indian origin CEO Sundar Pichai received a total salary of $ 281 million or Rs 2,144.53 crore in the year 2019. This salary figure mentioned in the regulatory filing has made Pichai among the highest-paid executives in the world. The majority of the package is stock awards, some of which got paid based on the Alphabet’s stock return compared to other companies in the S&P 100 index.
Pichai’s salary is 1085 times the average total salary of alphabet employees. In 2015, Google formed a parent company named “Alphabet” which is a group of different companies. In July 2019, Alphabet’s stock gained the most significant rise in just a single day and currently has a market capitalization of $ 893.33 billion.
Sundar Pichai is from India and his mother Lakshmi was a stenographer and father Raghunath Pichai an electrical engineer. Sundar Pichai completed his Bachelor’s degree from IIT Kharagpur, followed by an MS degree from Stanford University in the US and then an MBA from Wharton University. In 2004, he got associated with Google as a product and innovation officer.
Today According to economists, if Sundar Pichai works for 40 hours in a week, then his hourly salary would be $ 2,25,961, which is about Rs 1.60 crore. In his career, he has even got awarded with huge packages in the past. Pichai also received $ 200 million in the year 2016 in the form of a stock award from Google.
The whole world is fighting against coronavirus epidemic right now. Therefore in view to this, Google CEO Sundar Pichai reported that Alphabet Inc would donate more than $ 800 million to produce medical supplies used to fight the coronavirus.