By admin Dec, 07, 2020 Editors Pick

Today we are back on discussing the crazy salary culture on Wallstreet. Are some CEOs overpaid or not?. Investingport just discovered that Snowflake CEO Frank Slootman makes $100 Million every month, making him one of the highest-paid CEO in the world. 

Snowflake Inc CEO received a compensation package that will award him over $1.2 billion in annual salary. This means he will make around $100 million per month, $23 million-plus per week, $4.6 M per day, and $577,000.00 per hour. 

 Frank Slootman's Salary breakdown 

If you think that Frank Slootman is being overpaid, we can agree with you. This is the culture among Wallstreet CEOs, they get paid a lot when they do a good job and they also get paid a lot when they do a bad job and get fired. 

This man is so rich that his salary will only continue to increase. He also gets about $375,000 in base salary and this number is expected to go higher. 

He will continue to collect hefty compensation until 2023. By the end of the agreement, Snowflake CEO, Frank Sloootman would have earned $5 Billion at this current stock price. If the stock prices go up, his compensation may also swell higher. 

Snowflake Inc stock symbol is SNOW, the stock is trading at $389.86 per share, with the market cap at $110.4 billion.

• 52 weeks high -  $404.1
• 52 weeks low  -  $208.55
• Number of outstanding Snowflake shares – 50 million

Tags: SNOW snowflake Frank Slootman technology

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