Factbox-Elon Musk tops list of largest US corporate pay packages

  • Reuters
  • Stock Market News
Factbox-Elon Musk tops list of largest US corporate pay packages
Credit: © Reuters.

(Reuters) - A judge on Tuesday invalidated Elon Musk's record $56 billion pay package from Tesla (NASDAQ: TSLA ), which was approved by the company's shareholders in 2018. Tesla estimated in 2018 that the fair value of Musk's award on the grant date was $2.284 billion, according to Equilar.

Below is a look at some of the largest corporate compensation agreements based on the estimated value of the equity awards on the date the awards were granted, as compiled by Equilar, which specializes in corporate pay analysis. The recipients were chief executives unless noted.

Stephen Schwarzman, Blackstone (NYSE: BX ), 2008 $1.385 billion

Alexander Karp, Palantir, 2020 $1.099 billion

Daniel Och, Sculptor Capital Management, $919 million

2008

Jeffrey Terry Green, The Trade Desk (NASDAQ: TTD ), $835 million

2021

Vladimir Tenev, Robinhood (NASDAQ: HOOD ) Markets, 2021 $796 million

Stephen Schwarzman, Blackstone, 2007 $729 million

Michael Douglas Rees, co-president, Blue $701 million

Owl Capital, 2021

Evan Spiegel, Snap, 2017 $638 million

Baiju Bhatt, Robinhood Markets , 2021 $594 million

Peter Dore Rawlinson, Lucid Group (NASDAQ: LCID ), 2021 $566 million

© Reuters. Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. REUTERS/Tingshu Wang/File Photo

The data for the Blackstone Group and Sculptor Capital Management in 2007-2008 include expensed values of equity awards.

The data was compiled in August 2023.

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