Facebook founder and chief executive Mark Zuckerberg is following in the footsteps of other tech giants like Apple’s co-founder Steve Jobs and Google founders Sergey Brin and Larry Page — he took a salary cut to just 1 dollar per year in 2013, according to a regulatory filing on Monday.
Mr. Zuckerberg can afford the meagre wages. The value of his Facebook stock is around 27 billion dollars, according to U.S. financial magazine Forbes.
Other Facebook executives earned far higher salaries than Mr. Zuckerberg.
Chief operating officer Sheryl Sandberg earned 16.1 million dollars, while chief financial officer David Ebermans took home 10.5 million dollars.