Joining Google is a dream for many, and when you are the CEO of such a reputable tech giant, the perks are extraordinary for sure. For the past 17 years, Sundar Pichai has been an integral part of Google and currently manages over 53,000 employees Worldwide.
When we said He is one of the top-paid CEOs in the World, we were not joking at all! And here are the details of Sundar Pichai Salary Per Day and Per Month in Rupees that will surely be going to astonish you:
Sundar Pichai Salary Per Month When he was appointed as Google CEO (2015 – 2018)
After his remarkable contribution in making the Google Chrome Browser a massive success in 2014, Sundar Pichai was appointed as the CEO of Google.
According to Tax Filing, the annual salary of Sundar Pichai after becoming the Google CEO in 2015 was $650,500 (around 4.82 Crores per year), along with perks. This means Sundar Pichai Per month salary as Google CEO in 2015 was about 40 lacs (1.3 Lacs per day).
On top of that, his earnings skyrocketed that year because of an additional $199 million in stock awards. Combined together, this was the highest ever earning any Alphabet Executive made then.
Google is famous for its colossal stock awards to its senior executives (as a token of appreciation) every two years instead of annually. And in 2015, Sundar Pichai got awarded this massive stock award for his remarkable contribution to Chrome Browser’s success.
In 2018, Pichai earned around $1.9 million (security cost along with personal use of aircraft) along with his base annual salary of $650,000, which was about 2.5 times more than any other Google Median employee (as per Equilar).
As per the reports, the highest base salary of any Median CEO among the most prominent US Companies was around $1.2 million by revenue, but Sundar Pichai broke this record with his excellence & dedication.
How Sundar Pichai made $199 million in 2016 from stock awards?
In April 2013, Sundar Pichai got 353,939 restricted shares of Alphabet Inc., with a vesting period of 5-years. In 2018, when those shares got fully vested, they had a paper value of $380 million.
At the time of the grant, the shares were worth $184 million. But as the Google stock awards are for two years only, Sundar Pichai made around $100 million in 2015 and $199 million in 2016 (combining bonuses and stock grants).
Sundar Pichai Salary Per Month in Rupees as Alphabet & Google CEO (2019 – Present)
The actual and most significant rise came into the life of Sundar Pichai in 2019 when Larry Page and Sergey Brin (Founders of Google) stepped down from his position of CEO of Google’s Parent Company- Alphabet Inc.
At that time, Sundar Pichai was appointed as the CEO of both Alphabet Inc and Google (in 2019). As his responsibilities enhanced, there came a significant increment as well in his earnings.
As the newly instated CEO of Alphabet Inc, Sundar Pichai was awarded with a hefty performance-based stock award of $240 million (over Rs 1,707 crore) over the next three years.
Along with it, the Leadership Development and Compensation Committee increased Sundar Pichai’s annual salary to $2 million (around 15 crores) over his base salary of $650,000 in this recognition, effectively from 2020 (roughly 20 Crores Per Year).
In simple words, at the age of 47, Sundar Pichai received a total package of $242 Million (approximately 1718 Crores) per year after becoming the CEO of Alphabet Inc and Google effectively from 1st January 2020. In this package, $240 million was the stock award, out of which $120 million stock award was received in quarterly instalments.
The annual compensation of Sundar Pichai after all the stock awards (Performance Stock Units and Restricted Stock Units) in 2019 was around $281 million (approximately Rs. 2,145 Crores).
This made Sundar Pichai’s per month earning 176 crores and per day earning around Rs. 5.87 Crores, the 1085 times higher compensation than the average total pay of any other Alphabet employee, as per the company’s filing.
Sundar Pichai Net Worth
It was estimated that Google has a brand value of around 1940 billion USD, which in Indian currency is over 144 Lac Crores INR. The CEO of such a brand value, Mr. Sundar Pichai has a net worth of 1310 million USD, which in Indian currency is approximately 10,215 crores. Mr. Pichai gets an annual income of around 242 million USD i.e. 1880 crores INR. Apart from such a massive earning, comes a huge responsibility towards society. Under Mr. Pichai, Google raises donations for several educational institutes, funds for various small technical companies, and supports transition towards taking the world towards a digital era.
Mr. Sundar Pichai owns over 3,000 units of Alphabet Inc stock worth over $177,596,126 and over the last 6 years he sold GOOG stock worth over $978,292,670. In addition, he makes $280,622,016 as Chief Executive Officer and Director at Alphabet Inc.
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Name | Sundar Pichai |
Net Worth In Indian Rupees | Rs. 10,215 Crore |
Net Worth (2022) | $1310 million (1.31 Billion) |
Average Annual Income | $242 Million |
Personal Investments | $572.5 Million |
Luxury Cars – 5 | $1.3 Million |
Sundar Pichai (47) received a package of $242 million (Rs 1880 crore) after becoming the CEO of Alphabet. This includes basic salaries of $2 million (Rs 15 crore) and $240 million (Rs 1865 crore) in annual share. Pichai’s new salary package will be applicable from 1 January 2020. However, out of $240 million, the $120 million stock award will be received in quarterly installments. The rest of the annual performance will be based, ie if all the targets are met by Pichai, shares will be available in three years. Alphabet gave this information on Friday. On December 4, Pichai was announced to be CEO of Google’s parent company Alphabet.