Facebook CEO Mark Zuckerberg Cut His Salary to $1

 By 
Todd Wasserman
 on 
Facebook CEO Mark Zuckerberg Cut His Salary to $1
Mark Zuckerberg Chairman and CEO of Facebook pauses, during a conference at the Mobile World Congress, the world's largest mobile phone trade show in Barcelona, Feb. 24, 2014. Credit: Manu Fernandez

In 2013, Zuck only earned a buck.

Going by salary at least, Facebook CEO Mark Zuckerberg earned just $1 for the year, according to a regulatory filing released on Monday. In Silicon Valley, though, earning a token salary is a sure sign that you've made it. Other $1-per-year men have included Apple's Steve Jobs and the Google guys -- Sergey Brin and Larry Page. Like those tech luminaries, Zuckerberg owns a substantial stake in his company, making a salary irrelevant. Nevertheless, Zuckerberg has collected a decent salary before -- in 2012, he made $503,205.

[seealso slug="facebook-ten-more-years-zuckerberg"]

Overall, Zuckerberg made $653,165 last year versus $1.99 million in 2012. The money went largely to fund private planes and his security program, according to the filing.

The 29 year-old Zuckerberg's wealth is estimated at $27 billion. He also owns 61.6% of voting power in the company, giving him carte blanche to forge ahead with deals like the $19 billion pending WhatsApp acquisition and last week's $2 billion proposed takeover of Oculus.

The biggest stories of the day delivered to your inbox.
These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy.
Thanks for signing up. See you at your inbox!