Elon Musk, world's richest man, was 2021's highest paid CEO

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"Elon Musk — the world’s richest man — was the top-paid chief executive officer in 2021, according to the Fortune 500."

"Musk drew a salary of around $23.5 billion after he exercised some Tesla stock options awarded in a 2018 multiyear “moonshot” giant."

"According to the Fortune 500, that was by far the biggest paycheck a CEO ever received."

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"In Fortune’s list of highly compensated CEOs, Musk, who leads Tesla and SpaceX and might soon own Twitter, as well, is at the top."

"But the others, too, belong to the tech and biotech industries."

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"Among these leaders are Tim Cook, who is the chief executive officer of Apple, Satya Nadella, who is at the helm of Microsoft, and Reed Hastings, who is the boss of Netflix."

"Fortune revealed that Cook was paid $770.5 million in 2021 alone, mostly as a part of a 10-year grant of shares worth $1.7 billion."

"He secured the second position on the list."

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