Warning: getimagesize(http://dev.blackenterprise.com/wp-content/blogs.dir/1/files/2013/04/Facebook_newlogo_300x232.jpg): failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /home/blackenterprise/public_html/wp-content/themes/blackenterprise/single-standard.php on line 35
Mark Zuckerberg, founder and CEO of Facebook, is taking a $1 salary this year, and foregoing any bonuses, Mashable reports.
Getting paid $1 has become a tradition among extremely wealthy executives whose real money comes in stocks.
Steve Jobs took a $1 salary when he returned to Apple as CEO in 1998; In 2005, Google co-founders Larry Page and Sergey BrinÂ reduced their salaries to $1. Other tech CEOs who take $1 salaries include Oracle’s Larry Ellison, Tesla’s Elon Musk, Zynga’s Mark Pincus, and HP’s Meg Whitman.
Read more at Mashable.