(Reuters) – A judge on Tuesday invalidated Elon Musk’s record $56 billion pay package from Tesla, which was approved by the company’s shareholders in 2018. Tesla estimated in 2018 that the fair value of Musk’s award on the grant date was $2.284 billion, according to Equilar.
Below is a look at some of the largest corporate compensation agreements based on the estimated value of the equity awards on the date the awards were granted, as compiled by Equilar, which specializes in corporate pay analysis. The recipients were chief executives unless noted.
Stephen Schwarzman, Blackstone, 2008 $1.385 billion
Alexander Karp, Palantir, 2020 $1.099 billion
Daniel Och, Sculptor Capital Management, $919 million
2008
Jeffrey Terry Green, The Trade Desk, $835 million
2021
Vladimir Tenev, Robinhood Markets, 2021 $796 million
Stephen Schwarzman, Blackstone, 2007 $729 million
Michael Douglas Rees, co-president, Blue $701 million
Owl Capital, 2021
Evan Spiegel, Snap, 2017 $638 million
Baiju Bhatt, Robinhood Markets, 2021 $594 million
Peter Dore Rawlinson, Lucid Group, 2021 $566 million
The data for the Blackstone Group and Sculptor Capital Management in 2007-2008 include expensed values of equity awards.
The data was compiled in August 2023.
(Reporting by Tom Hals in Wilmington, Delaware; Editing by Lisa Shumaker)
