AP Photo/Paul Sakuma, file
In this Jan. 19, 2011 file photo, Google Executive Chairman Eric Schmidt smiles outside of Google headquarters in Mountain View, Calif.
CEO: Google (since resigned to executive chairman)
Annual salary: $1*
Taking a step down from CEO may seem like a demotion, but it may actually have resulted in a pay raise for ex-Google boss Eric Schmidt. The search engine CEO, who had served as the company's top man since 2001, took the same $1 annual salary as Google co-founders Larry Page and Sergey Brin for years before receiving a significant pay bump last April. That month, when Page took over as company CEO and Schmidt was appointed the role of executive chairman, Google announced it would be raising Schmidt's annual salary to $1.25 million, much more than the lone buck he had received for years. According to MarketWatch, Schmidt will also receive a bonus not exceeding $6 million this year from Google.
Is it important to own a house?
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- 76 %1. Yes, owning a home is an investment that will pay off.
- 2. No, I'd rather save my money and rent.
- 3. No, I can't afford to buy a home.
- 4. I don't know.