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Facebook founder and chief executive Mark Zuckerberg is following in the footsteps of other tech giants like Apple’s co-founder Steve Jobs and Google founders Sergey Brin and Larry Page — he took a salary cut to just $1 per year in 2013, according to a regulatory filing on Monday.
Zuckerberg can afford the meagre wages. The value of his Facebook stock is around $27 billion, according to US financial magazine Forbes.
Other Facebook executives earned far higher salaries than Zuckerberg.
Chief operating officer Sheryl Sandberg earned $16.1 million, while chief financial officer David Ebermans took home $10.5 million.
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