5 Things You May Not Know About Warren Buffet’s Compensation
by Vikrant in March 19th, 2008




(No Ratings Yet)The Times of India has published an article about Warren Buffet’s, the world’s richest person, salary and compensation. Here are the points from the article:
- The annual salary for Warren Buffet, CEO and chairman of Berkshire Hathaway, stands at $100,000.
- Buffet has not had a salary hike in the last 25 years.
- His annual salary is less than one-seventh of what Berkshire’s V.P. and CFO Marc D Hamburg draws annually.
- For perks, Buffet does not use the company car and fly the office jet for his personal trips.
- Buffet’s total compensation, which includes the directors’ fees from the firms where Berkshire has significant investments, actually fell by 18.31% in 2007 as compared to 2006.
These points are disclosures from a compensation report by the board of Berkshire Hathaway.
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