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Another year, another $1 for google co-founders

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San Francisco: Google paid co-founders Larry Page and Sergey Brin their customary $1 salaries last year while Executive Chairman Eric Schmidt's compensation more than doubled to $19.3 million.Most of Schmidt's raise stemmed from stock grants

another year another 1 for google co founders
another year another 1 for google co founders Image Source : INDIATV


Page, Google's CEO, and Brin, another top executive, have insisted on capping their salaries at $1 annually since Google Inc. went public nearly a decade ago. It's a symbolic gesture that many other Silicon Valley executives have made after amassing fortunes through the stock that they held in their respective companies.

Page, 41, and Brin, 40, each own Google stock currently worth about $26 billion.

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