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The world's first trillionaire is coming. Here's what it will mean
Yahoo Finance· 2026-02-01 10:00
In case you had any doubt, a trillion dollars can go a long way. That cash figure, equivalent to a million millions, can cover the combined purchase cost of Apple and McDonald's or buy every residential home in San Diego County. Or, it could snap up tickets to every football game at the University of Nebraska’s Memorial Stadium, with a capacity of 93,000 fans for the next 400 years, even if the Cornhuskers hit the gridiron every day. The $1 trillion figure is gaining traction on social media and among e ...
Goldman Sachs CEO David Solomon sees pay surge 21% to $47M in 2025
New York Post· 2026-01-23 20:38
Core Insights - Goldman Sachs CEO David Solomon received a compensation package of $47 million in 2025, marking a 21% increase from $38 million in 2024, reflecting a rebound in the bank's investment banking activities [1] Compensation Details - Solomon and Goldman president John Waldron each received $80 million in stock-based retention bonuses to ensure their continued presence at Goldman until January 2030 [2]
Goldman Sachs hands David Solomon a $47 million pay package for 2025, surpassing JPMorgan's Jamie Dimon
Business Insider· 2026-01-23 20:38
Goldman Sachs' David Solomon has restored the bank's swagger — and it just rewarded him with a $47 million pay package for 2025. That puts him ahead of his top competitor on Wall Street, JPMorgan CEO Jamie Dimon, whose firm announced this week it would pay him $43 million for last year's performance.Solomon's prior-year compensation was $39 million for 2024, meaning this year's pay is up 21%. Goldman announced Solomon's compensation in a regulatory filing on Friday, citing "continued and significant share ...
Greg Abel's salary as Berkshire CEO is way more than Warren Buffett! Here's how much cash he's getting paid in 2026
MINT· 2026-01-11 02:51
Core Insights - Berkshire Hathaway is increasing the salary of its new CEO, Greg Abel, to $25 million annually, marking a 19% increase from his previous compensation [1][2] - This new salary significantly surpasses the $100,000 that Warren Buffett earned during his tenure as CEO [1] - Abel's compensation reflects a broader trend in executive pay, contrasting with Buffett's historically low salary [4] Salary Details - Greg Abel's new salary as CEO is a 19% increase from his previous salary of $21 million in 2024 [2] - In 2023, Abel received a salary of $20 million, and in 2022, he earned $16 million plus a $3 million bonus [3] - Berkshire's Vice Chairman Ajit Jain received the same compensation as Abel from 2022 to 2024, with future compensations for both not yet disclosed [3] Background on Greg Abel - Greg Abel became CEO of Berkshire Hathaway on January 1, succeeding Warren Buffett, who led the company for over 60 years [5] - Abel joined Berkshire in 1999 through the acquisition of MidAmerican Energy and has held various leadership roles, including CEO of Berkshire Hathaway Energy and Vice Chairman overseeing non-insurance businesses [6] - Abel owns approximately $171 million in Berkshire stock and sold a 1% stake in Berkshire Hathaway Energy for $870 million in 2022 [6] Industry Context - The increase in Abel's salary highlights a shift in compensation structures within traditional companies, especially when compared to the substantial incentive packages seen in the tech industry, such as Elon Musk's $1 trillion package approved by Tesla shareholders [4] - The disparity in executive compensation illustrates changing norms in how companies reward their leaders [6]
Jamf (NasdaqGS:JAMF) 2026 Extraordinary General Meeting Transcript
2026-01-08 16:02
Summary of Jamf Holding Corp. Special Meeting of Stockholders Company Overview - **Company**: Jamf Holding Corp. (NasdaqGS: JAMF) - **Meeting Date**: January 8, 2026 - **Meeting Type**: Virtual Special Meeting of Stockholders Key Proposals Discussed 1. **Merger Proposal**: - Proposal to adopt and approve the agreement and plan of merger dated October 28, 2025, involving Jamf, Jawbreaker Parent, Inc., and Jawbreaker Merger Sub, Inc. [8] - Approval requires a majority vote from the holders of outstanding shares of Jamf Common Stock entitled to vote [10]. 2. **Compensation Proposal**: - Proposal to approve, on a non-binding advisory basis, the compensation related to the merger for Jamf's named executive officers [8]. - Approval also requires a majority vote from the shares present or represented by proxy [11]. 3. **Adjournment Proposal**: - Proposal to approve one or more adjournments of the meeting if necessary to solicit additional proxies [9]. - This proposal was deemed unnecessary as the first two proposals were approved [13]. Voting Results - A quorum was established with more than half of the 134,076,214 shares of Jamf Common Stock present in person or by proxy [6]. - Each of the proposals received the requisite number of votes for approval [12]. - The results will be reported on Form 8-K to be filed with the SEC [13]. Additional Information - The meeting was conducted to facilitate stockholder attendance and participation through a live audio webcast [2]. - Stockholders were provided with a certified list of those entitled to vote, which was available for inspection during the meeting [5]. - The meeting concluded with expressions of appreciation to stockholders and the management team for their support and efforts [14][15].
Jamie Dimon rejects Jeff Bezos’ playbook and hoards his JPMorgan shares. He’ll see $770 million in gains for 2025
Yahoo Finance· 2026-01-07 08:23
Core Insights - The stock growth of mega banks has increased nearly 30% due to a market rebound, leading to expectations of record compensation and bonuses for executives [1] Company-Specific Insights - Jamie Dimon, CEO of JPMorgan Chase, has been a significant figure in navigating various financial challenges over the past two decades, including the 2008 financial crisis and the AI boom [2] - Dimon holds approximately 7.3 million shares of JPMorgan, valued at around $1.8 billion at the beginning of 2025, with the stock price rising to $322.22 by the end of 2025, increasing his stake's value to about $2.4 billion [3] - Dimon is expected to receive around $770 million in total compensation for 2025, which includes stock value gains, dividends, and a special one-time award [3][4] Compensation Insights - Dimon's compensation figures have shown significant growth, with "compensation actually paid" calculated at approximately $227 million in 2024, $105 million in 2023, and $38 million in 2022 [5] - The increase in stock value has benefited all shareholders of JPMorgan, including Dimon, who has accumulated equity through various means [4][5] Industry Insights - The overall profits in the securities industry are on track to reach record levels, indicating a positive trend for financial institutions [7]
Berkshire Hathaway CEO Abel's Salary Set at $25 Million, Topping Buffett
WSJ· 2026-01-06 22:59
Greg Abel will be paid $25 million annually, a substantial increase from the pay of his predecessor Warren Buffett, who took an annual salary of $100,000 for more than 40 years. ...
X @The Economist
The Economist· 2025-11-15 21:00
Obscene as Elon Musk’s 13-figure package looks today, tomorrow it may be table stakes https://t.co/wMAhkIxG72 ...
Squawk Pod: Elon Musk’s trillion dollar pay plan & obesity drug pricing - 11/07/25 | Audio Only
CNBC Television· 2025-11-07 18:17
The White House has struck a deal with two more drugmakers: Eli Lilly and Novo Nordisk. Centers for Medicare and Medicaid Services administrator Dr. Mehmet Oz discusses the administration’s plan to make GLP-1s more affordable for Americans. Tesla shareholders voted to approve Elon Musk’s $1 trillion pay package, as long as he reaches their lofty goals for the company. Musk biographer Walter Isaacson discusses the plan of milestones and Musk’s history of exceeding investor expectations. Plus, U.S. airlines a ...
X @Tesla Owners Silicon Valley
NEWS: "Tesla Shareholders Deliver a Trillion-Dollar Win for Elon Musk at 2025 Annual Meeting"In a move that underscores Elon Musk's unrivaled influence over Tesla's future, shareholders at the company's annual meeting on November 6 overwhelmingly approved a landmark compensation package for the CEO that could ultimately be worth nearly $1 trillion. The vote, held at Tesla's Austin headquarters, capped off a lively session filled with product teases, robot dances, and Musk's signature blend of futurism and s ...