"Alphabet has structured a three-year deal for its Google CEO that could make him one of the highest-paid executives on the planet - but most of it is tied to performance, including new stock incentives linked to Waymo and Wing, its drone delivery venture."
"Larry Page and Sergey Brin - the second- and fourth richest people in the world - have lately captured headlines for a different reason entirely; both have been snapping up lavish Miami properties, widely seen as a response to California's proposed Billionaire Tax Act - a ballot initiative targeting the state's roughly 200 billionaires with a one-time 5% levy on net worth exceeding $1 billion."
"Pichai, by contrast, remains quietly rooted in Los Altos, as far as the public knows. He's a billionaire, too - the nearly sevenfold growth in Google's market cap since he took the helm in 2015 has made the stock he's accumulated along the way hugely valuable."
Alphabet has structured a three-year pay deal for Google CEO Sundar Pichai potentially worth $692 million, with significant portions contingent on performance and linked to ventures like Waymo and Wing. Meanwhile, Google founders Larry Page and Sergey Brin have been acquiring expensive Miami properties, reportedly in response to California's proposed Billionaire Tax Act targeting net worth exceeding $1 billion. Page spent over $173 million on two Coconut Grove mansions, while Brin purchased a $51 million property and two earlier properties totaling $92 million. Pichai, also a billionaire through accumulated Google stock worth approximately $500 million plus $650 million in prior sales, maintains a lower public profile and remains based in Los Altos.
Read at TechCrunch
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