No bonus for Google founders
Pity the poor billionaires...
Posted in Financial News, 24th March 2005 10:03 GMT
Tune into our application security webcast, click here
Billionaire Google execs Larry Page and Sergey Brin are not getting bonuses from the search engine they founded together. Also off the bonus list is chief executive, and fellow billionaire, Eric Schmidt.
But the three did get a holiday bonus of $1,566 (£837) along with their salaries.
Google's initial public offering earned Brin and Page $7.2bn each. Schmidt is worth $2.8bn, according to Forbes magazine's Rich list.
Brin and Page are paid $150,000 a year and Schmidt gets $250,000, according to a filing with the Securities and Exchange and Commission.
Four execs did get bonuses of between $600,000 and $700,000, according to the filing.®
Related stories
AFP sues Google
Google's X Files disappear
Google to Wall St: our CFO couldn't make it. So meet the Chef
See what The Register's experts have to say on application security


The future of SaaS and IT infrastructure management
Solving on-premise email challenges with on-demand services
The business case for application security
Reducing messaging and web security costs with managed services

Win a Samsung C6625!
Is your cameraphone an oxymoron?
Reg Mobile and Wireless newsletter is go! go! go!
Sign up, sign up for The Register IT security newsletter