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Monday, November 25, 2024  
22 Jumada Al-Awwal 1446  

Apple boss takes home just USD 1 as salary in 2010

He runs the world's most-valued technology company but when it comes to pay, Apple's iconic chief Steve Jobs has been taking home a salary of just USD 1 at least for the past three years.

Jobs, who rejoined Apple in 1997, is the brain behind many best-selling gadgets such as iPhone, iPad and iPods.

Interestingly, his compensation comes as a sharp contrast to many CEOs worldwide, who get huge pay packets -- an issue which was also blamed for the financial meltdown in 2008-09.

"Jobs' total compensation consists of a salary of USD 1 per year. Jobs has not received an equity award since 2003," Apple said in a regulatory filing.

He received the same salary in 2009 and 2008.