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2023’s CEO rich list: Who’s raking in billions?

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In a world where executive compensation continues to make headlines, the year 2023 brings us a fresh update on the top earners in the corporate realm.

The latest data reveals the 20 highest-paid CEOs who are not just breaking the bank but shattering it.

Buckle up as we delve into the riveting world of corporate extravagance and jaw-dropping salaries.

As of 2023, the highest-paid CEOs in the United States are as follows:

1. Stephen Schwarzman (Blackstone) – Schwarzman, the founder of the private equity firm Blackstone, received a total compensation of approximately $253 million in 2022.

2. Sundar Pichai (Alphabet) – Pichai, the CEO of Google’s parent company Alphabet, earned around $226 million in 2022, including significant stock rewards.

3. Stephen Scherr (Hertz) – As the CEO of Hertz, Scherr’s total yearly compensation was about $182 million.

4. Barry McCarthy (Peloton) – McCarthy, who joined Peloton during its struggling phase, was offered compensation of $168 million.

5. Michael Rapino (Live Nation) – The CEO of Live Nation, a global entertainment powerhouse, Rapino’s total compensation in the last fiscal year was $139 million.

6. Safra Catz (Oracle) – The highest-paid female executive at Oracle, Catz’s current compensation is an impressive $138 million.
7. **Douglas Ingram** (Sarepta Therapeutics) – Ingram, the highest-paid pharma executive, received a total compensation of around $125 million.

But amidst the staggering numbers, a burning question arises: Is there a moral dilemma in the world of corporate compensation? As the wealth gap widens, should CEOs be entitled to such colossal paychecks, or is it time for a more equitable distribution? Join us as we unpack this thought-provoking issue.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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