Oracle's CEO highest compensated in the world, Jobs ranked 4th

By on Jul 29, 2010 at 6:48 AM
Business July 29, 2010

Here’s a list we wouldn’t mind being on. A recent Wall Street Journal study found that Larry Ellison, Oracle’s CEO, has received over $1.84 billion in compensation over the last decade, making him the highest paid CEO in the world. The WSJ estimates Ellison’s personal worth at roughly $28 billion. Another notable tech persona on the list is Steve Jobs. While Jobs only grosses $1 annually in salary his compensation package is quite lucrative. The study estimates that Jobs has received over $749 million over the last 10 years, and ranks fourth on the CEO list. The prophet Christopher Wallace once said, “more money, more problems” (I think technically it was “mo money, mo problems” but you get the point)… wouldn’t you love to have a shot at that inconvenience?

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  • B

    Must be nice..

  • wizard8873

    Looking over the article and it looks like Jobs came in fourth, not fifth.

    • Andrew Munchbach

      Yes, it was sort of funky wording…changed 5th to 4th. Thank you.

  • breukdance

    Apparently all you need is a black mock turtleneck

  • Oxyrt

    Not really. The dude looks like a prick…and I hate turtlenecks.

    • Gauntlet Down

      When that “prick” finally gets bored and “retires” from Oracle, the stock fireworks will be VERY interesting; he’s about 65 right now.

      • Chut Pata

        I think once he sells his shares and retires, Oracle would make more money because he would not be spending money to buy competitors because he has personal dislike for them.

      • Larry E.

        I like Turtles…

  • Mohammad

    never even heard of oracle much.

  • Chut Pata

    Larry Ellison owns Oracle, Steve Jobs does not. Larry is so full of ego, that to be called the best paid executive, he will give himself the highest salary, even if it means sinking the company. He paid outrageous price for Peoplesoft so that he can own it and fire its executives who were once in Oracle. Compare that to Bill Gates who strikes business deals with any of his competitors

    Larry also spend a lot of money demonizing Bill Gates because Bill had ended Larry’s brief status of being the richest man of the world. Bill on the other hand gave away billions in charity, not caring that he would not remain the richest man of the world.

    Larry the egotist sucks, no comparison with humble people like Steve Jobs and Bill Gates.

    • T Man

      “humble people like Steve Jobs”

      LOL, that’s the funniest thing I’ve heard in a while. I have no love for Ellison, but to call Steve Jobs humble is a bastardization of the word and demeaning to people that actually *are* humble.

    • kingranch06

      Steve Jobs humble?!? Yeah, and I’m the richest man on the planet.

      • Chut Pata

        You do not know Steve Jobs in person. You are angry because he tried to defend Apple’s attitude problem in iPhour. You need to get over this lone incident. If you had heard his speeches, especially the one he gave on Stanford University graduation, you would know he is a down to earth fellow with no ego. You can be as angry as you want to be on his shabby defence of Apple’s attitude, but you can only love him as a person.

      • jarrett

        I am a nut hugger of just about anyone who has made billions of dollars in their life. That being said anyone alive would be insane to think any of this men (and women) are humble. You don’t get to that state in life by being humble. You get to that state by knowing you are more intelligent than almost anyone, have a stronger vision than almost anyone, a better work ethic than almost anyone and refuse to accept defeat. When you become that rich and that powerful humility is the last thing you are concerned about.

        Congrats to all of them. They worked hard, very hard. They fucked over others before for they got fucked over themselves. Through all they have been through they continue to push forward. People that have ill feelings for successful people generally have low self esteem because they themselves wallow in their own failures.

      • Chut Pata

        When people go from rags to riches, they have this godly syndrome, and forget where they came from. It is obvious from Steve’s speeches that he has not forgotten. I consider his speech at Stanford as the height of humility and an inspiration to all.

        On the other hand I remember Larry’s speech on Comdex 95 where he went to personal assault on Bill Gates. My impression of Larry is that he is a person who is full of himself. He keeps his false ego before his business decisions.

    • dblnutcustard

      Steve Jobs humble? Yeah maybe ever since his near death organ transplant but before that he was one of the typical driven obsessed, Pirates of Silicon Valley…

    • Mike

      1) He doesn’t “own” Oracle.
      2) Oracle’s stock price has increased 3x to over $100B. His “income” came from options that were awarded a while ago.
      3) Oracle bought PeopleSoft and a number of other companies…not sure what you mean by “outrageous price”. He didn’t buy it to “fire its executives”.
      4) I don’t think “humble” defines people like Gates and Jobs.

      • Chut Pata

        Probably if Bill Gates would Larry and spend his money on media instead of charity, he would have a better personal image in the eyes of people like you who makes decision based on what media tells you.

        PeopleSoft executives worked in Oracle but left after personal disputes with him. Larry chased them to PeopleSoft, bought it over the market price, and then fired them to show his muscles, that there is no running away from this monster.

    • dad

      Thanks goodness for SQL Server.

    • jawman

      I agreed with you entirely until you said “humble people like Steve Jobs.”

  • George Curious

    “How many yachts can you waterski behind.”

    – Wall Street

    Getting unreasonably rich is all a bunch of ego stroking for men who feel little inside. As far as I’m concerned, as long as you have a million or two and you spend wisely, you have everything material you could possibly need.

    • Gauntlet Down

      Nah, Ellison is into yachting (fairly successfully, too) – that costs rather more than a million or two.

      • jarrett

        I would say that to all the people who are content or think they know what would make them content you can’t die quick enough for me. Thank God Almighty that their are people with passion and a sense of purpose. If every one was just content we wouldn’t have indoor plumbing, electricity, cars, planes, trains, running water, communication systems, vaccines and so forth. The greatest parable in the bible suggests that the poor fellow who was given only one talent by God had it taken back because he refused to use it.

      • George Curious

        Couldn’t Mr. Ellison and others still pursue their passion and purpose without the enormous paycheck? How strange that you confuse spiritual contentment and purpose with financial gain. Rationalize much?

        You need to go back and read the bible because I’m pretty sure Jesus had passion and purpose but was not a rich man (and if he was he probably would have given most of it away).

        Oh, and thanks for referencing the bible. I can feel the love of God in your heart when you say people ‘can’t die quickly enough’.

      • George Curious

        “Again I tell you, it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.” — Jesus Christ

      • jarrett

        @ George Curious,

        You can suggest that is a quote from Jesus, most do. The fact is that the quote is from the Author of that particular Gospel and that particular Gospel was written about 200 years after Jesus died.

        And if you think that my statement about people being dead is not God related then you misunderstand the exact business that God himself is in. People chase different things in life. Whatever people are chasing there are going to be rewards that are great and rewards that are not so great.

        Rewards are what they are. Jesus was rewarded as the son of God, and he was also rewarded by those who thought he was not.

      • George Curious

        You are straying into a condescending inane sermon in which I am not interested.

        Nobody is criticizing Larry for being a hard worker. He is being criticized for being a money-grabber with sleazy motivations and slash-and-burn business tactics which you apparently admire with comments like:

        “They fucked over others before for they got fucked over themselves.”

        What a beautiful Christian perspective. Seek wealth by fucking over thy brother before thy brother fucks you. Typical.

  • dblnutcustard

    Larry looks like an alien-human hybrid and he’s building up the colony for the purification of the earth. 12/21/2012

    • Tdot34

      I was thinking of random evil mastermind from any James Bond movie.

  • Dimeezy

    Love the Notorious B.I.G. reference.

  • edawn

    I always thought Steve Jobs made a lot more than that. It says he only makes a dollar a year. lol. “While Jobs only grosses $1 annually in salary (…).”

  • http://www.webhostinglogic.com Frank Adams

    I wouldn’t mind having a shot at those figures. Taking in more responsibility means more problems and must be compensated enough. Money is not of the matter but of the challenge that comes with the responsibility.

  • Trendkiller

    “What’s the difference between God and Larry Ellison?” – God doesn’t believe he’s Larry Ellison.

    Funny how many bring Christianity into this conversation. Name one top ten CEO who is a true devout Christian. A true Christian doesn’t judge him for who he is. He’s brilliant, successful and flaw like any man. You don’t have to like him, but he should be respected for his impact on our everyday world.

  • terrickes alexander

    Can u send me some of that money I’m in need

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