Welcome to the $1 CEO club
Mark Zuckerberg has announced that he's joining the $1 club, electing to receive a nominal salary for his services as Facebook CEO.
But don't get too worried about his finances. Zuck still posesses personal wealth of nearly $30 billion, much of which is held in Facebook stock.
Bonus fact: The buck-a-year tradition began in World War II, when industry leaders were called on to administer government programs. Because US laws banned the use of unpaid volunteers, they would work for a symbolic sum.
Click through for more execs who have been (at least officially) on a buck a year or less.
But don't get too worried about his finances. Zuck still posesses personal wealth of nearly $30 billion, much of which is held in Facebook stock.
Bonus fact: The buck-a-year tradition began in World War II, when industry leaders were called on to administer government programs. Because US laws banned the use of unpaid volunteers, they would work for a symbolic sum.
Click through for more execs who have been (at least officially) on a buck a year or less.
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