*Steve Jobs earns $1 a year though* Well, yeah, but god knows what he makes in b... | Hacker News

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		sabat on March 11, 2008 \| parent \| context \| favorite \| on: Founder salaries after an acquisition: how much? Steve Jobs earns $1 a year though Well, yeah, but god knows what he makes in bonuses, and his stock options are out of control. Not to mention the stock he owns, and its rising value (the past month notwithstanding).

admoin on March 11, 2008 | [–]

There are also tax reasons to heavily overweight his compensation in stock options. See IRC § 162(m)

eru on March 12, 2008 | | [–]

Yes, tax may be the only reason to go for a lower salary / higher aquisition combo.

michaelneale on March 12, 2008 | [–]

He once got a Jet as "payment" in kind.

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