The 25 highest-paid CEOs in the U.S. last year brought home more money than a year prior, and the pay ratio between them and the median earners in their employ is stark. And it’s not just among the top dog, Elon Musk. The Tesla CEO did, however, obliterate the competition when it comes to compensation and pay ratio.
Musk enjoyed a 4,575,310 percent pay increase from the year before, thanks to an incentive-laden contract he signed with Tesla. Perhaps more insane than that figure is the $40,668 he earned for every $1 paid out to someone making the company median. And that’s for leading an electric vehicle maker that, due to its leader’s eccentricities, terrifies Wall Street.
The information for this story was sourced from Equilar, a data analytics provider that works with The New York Times on an annual report about CEO compensation.