With great power comes great responsibility, and even greater paycheques.
Indians are everywhere around the globe, and in recent times Indians have been playing a major role in the technology field. According to a study, there are more Indian CEOs than any other nationality after Americans in global companies. Time magazine once termed India as the ‘the ideal training ground for global bosses’ and I guess us as Indians, it is a thing to feel proud of.
Well, let’s look at some of the global leaders who are currently the highest paid Indian CEOs in the world. The list is in no particular order of their wealth but the top 7.
1. Sundar Pichai
Madurai-born, IIT-educated, Sundar Pichai doesn’t really need any introduction. He got instantly famous after being named the CEO of Alphabet Inc. and its subsidiary Google LLC later on which made him $242 million richer, courtesy of the promotion. Hard work does pay off since he began his career at Google as a Management Executive in 2004. He rose to higher positions via his innovative ideas and hard work.
Alphabet and Google CEO Sundar Pichai is one of the highest-paid executives in the world. The Google CEO salary in rupees 2019 comprises $281 million which is equivalent to Rs 2,145 crore (appx). With this mind-blowing figure, Pichai’s per day earnings come to around Rs 5.87 crore.
By 2020, Sundar Pichai salary in rupees is 1,707 crores ($240 million) stock package on top of $2 million (Rs 14.2 crore) as annual salary in recognition of his expanded role as CEO of Alphabet and Google.
2. Satya Nadella.
Satya Nadella is originally from Hyderabad, Telangana. He studied Bachelor’s degree in Engineering and specialized in Electronics and Communication from the Manipal Institute of Technology. Later he studied a master’s degree in computer science from the University of Wisconsin, Milwaukee, and an M.B.A. from the University of Chicago. As the current CEO of Microsoft, Satya Nadella salary is 23,505,405,884.96INR making him one of the highest paid Indian CEOs in the world.
In 2019, Nadella was named Financial Times (FT) Person of the Year. Satya is writing his own book – Hit Refresh. An autobiography that explores his life and his career in Microsoft. It also elaborates on how technology will shape the future. The co-founder of Microsoft – Mr. Bill Gates was the mentor of Satya Nadella.
3. Sumit Singh
Sumit Singh is the CEO and Director of Chewy Inc. He is one of the highest paid Indian CEOs in the world. Mr. Singh was Director and General Manager, American Merchant Fulfillment, and third party businesses at Amazon and North American General Manager at Dell. Sumit Singh served as a chief operating officer at PetSmart.
Sumit Singh studied M.B.A. from the University of Chicago & Mater in Engineering from the University of Texas at Austin. The estimated Net Worth of Sumit Singh is at least 6,368,492,390 INR as of 9 September 2020. Mr. Singh owns over 79,343 units of Chewy stock worth over Rs.43,478,366. In addition, he makes Rs.90,796,558 as CEO & Director at Chewy.
4. Shantanu Narayen
Shantanu Narayen joined Adobe in 1998 as Vice President and General Manager of its engineering technology group. He became president and COO in 2005, CEO in 2007, and Chairman of the board in 2017. He holds five patents and has a bachelor’s degree in electronics engineering from Osmania University, a master’s degree in computer science from Bowling Green State University and a master’s degree in business administration from the University of California at Berkeley’s Haas School of Business.
Interestingly, his continuous efforts have bagged him a spot on the ‘Fortune Businessperson of the Year’ list multiple times and also a Padma Shri Award. The estimated Net Worth of Shantanu Narayen is at least Rs. 240,000,000 as of 12 August 2020. Mr. Narayen owns over 10,000 units of Adobe stock worth over Rs. 12,739,252,758. In addition, he makes Rs.2,875,415,381 as Chairman of the Board, President, and Chief Executive Officer at Adobe.
5. Thomas Kurian
A force to reckon with in the tech space, Thomas Kurian has a net worth of Rs 10,600 crore in 2019. Kurian is presently the CEO of Google Cloud. He replaced Diane Green in 2018. Prior to this role, he was the President of Product Development at Oracle Corporation (from 1996 to 2018). Notably, Kurian completed his bachelor’s from Princeton University and also holds an MBA from Stanford University.
He was also the backbone in the development and delivery of projects such as the Oracle Database, Oracle Fusion Middleware, ERP, CRM, and supply chain management solutions. He then becomes the Vice President and General Manager of the division responsible for Application Networking and Switching Technology at Cisco Systems. In June 2015, he officially became the CEO and president of a leading storage and data management company called NetApp, making him one of the top highest paid Indian CEOs in the world.
The estimated Net Worth of George Kurian is at least Rs.47,400,000 as of 1 June 2020. Mr. Kurian owns over 46,575 units of NetApp stock worth over Rs.3,481,736,650. In addition, he makes Rs.697,170,753 as CEO and Director at NetApp.
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6. Nikesh Arora
Nikesh Arora is the CEO of Palo Alto Networks since June 1, 2018. Born in Ghaziabad, Uttar Pradesh, he graduated from IIT Varanasi with a Bachelor’s Degree in Electrical Engineering. He then went on to do his MBA from Northeastern University and completed a Master’s Degree in Finance from Boston College. He also served as a former executive in Google and as a president for SoftBank Group, a company that he stepped down from on June 21, 2016.
In 2018, he switched again and took on the role of CEO and Chairman at Palo Alto Networks, an American multinational cybersecurity company, and his diverse experiences have only helped him increase the digits on his paycheque making him as one of the highest paid Indian CEOs in the world.
The estimated Net Worth of Nikesh Arora is at least Rs.10,283,612,399 as of 27 November 2019. Mr. Arora owns over 25,000 units of Palo Alto Networks stock worth over Rs. 8,555,413,213. In addition, he makes 1,754,516,493.28INR as the Chairman of the Board and Chief Executive Officer at Palo Alto Networks.
7. Ajay Banga
A graduate of Delhi University and the IIM, Ahmedabad, Ajay Banga is not just the CEO of MasterCard but also The President and a member of its board of directors. And prior to this, he served as the Chief Executive Officer of Citigroup Asia Pacific and also supervised the company’s efforts in micro-finance.
Notably, he is also a Padma Shri recipient and a founding Trustee of the U.S.-India Strategic Partnership Forum. One of the highest-paid CEOs in the world, he began his career at Nestlé, India, where he worked for 13 years and then moved onto PepsiCo, while simultaneously climbing up the corporate ladder.
As the CEO of Mastercard, the total compensation of Ajaypal Banga at Mastercard is Rs. 1,707,814,557. There are no executives at Mastercard getting paid more making him as one of the highest paid Indian CEOs in the world.
One thing that we learn for sure is that it definitely pays to be a CEO.
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