Snapchat Ceo Evan Spiegel Made An Insane Amount Of Money In 2017 Third Highest Ceo Payout Of All Time

Evan’s 2017 compensation numbers were just released as part of an SEC filing. In the filing we learned that his base salary was $98,078. He also earned around $1 million in ancillary benefits including security guards and private jet travel. Outside of that base salary and benefits, Spiegel was granted $636 million worth of stock. In other words, his total compensation was $638 million. FYI: In 2017, Snapchat lost $720 million. At $638 million it’s the third largest payout a CEO has ever received for a single year compensation according to a report from Reuters. The #1 and 2 spots on that list are actually held by the same person, Daniel Och, CEO of hedge fund Och-Ziff Capital Management. In 2007, Och received $918.9 million and in 2008 he received $1.19 billion in total compensation. Och-Ziff manages more than $30 billion worth of assets. Daniel Och’s net worth is $3.5 billion. Evan Spiegel’s net worth is $4 billion. Do you think Snapchat will exist in a year? How about two years?