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Lawrance Ellison 2009 salary: $556.98 million dollars

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Earth_First Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:40 PM
Original message
Lawrance Ellison 2009 salary: $556.98 million dollars
Edited on Tue Jan-26-10 03:54 PM by Earth_First
http://www.forbes.com/lists/2009/12/best-boss-09_CEO-Compensation_CompTotDisp.html

$267,740 an hour!

That's the average annual ($39,468) salary of 14,279 Americans!
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tilsammans Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:45 PM
Response to Original message
1. Hey, Lar, how about spending some of that coin to . . .
. . . bring back all those outsourced jobs, eh?

:rant:
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Initech Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:48 PM
Response to Original message
2. WTF do they do with all that money? Start their own space program?
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Earth_First Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:50 PM
Response to Reply #2
3. They buy lobbyists, politicians, judges...
So that next year they can make $560,000,000.
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jgraz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:06 PM
Response to Reply #2
9. Larry buys yachts, mansions and supermodels.
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tilsammans Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:12 PM
Response to Reply #9
11. Not to mention his very own fighter jets n/t
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bokhara1 Donating Member (1 posts) Send PM | Profile | Ignore Tue Jan-26-10 03:53 PM
Response to Original message
4. Not straight salary. Most of it was stock gains ...
That's incorrect. The bulk of his compensation is from stock gains. Click on his name and Forbe's shows the details of his comp.

$1MM salary
$10MM bonus
$1.45MM other
$543.75MM stock gains

http://www.forbes.com/lists/2009/12/best-boss-09_Lawrence-J-Ellison_JKEX.html
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Earth_First Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:54 PM
Response to Reply #4
6. You are correct, sir/m'am...
:blushes:
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enlightenment Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:46 PM
Response to Reply #4
17. Question:
If he decided to cash out those stock gains tomorrow, would he collect $543.75 million?
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LakeSamish706 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:54 PM
Response to Original message
5. I don't understand how he is managing to live on that pocket change.
I think many Americans would just be happy to have a job right now. That kind of a salary is just gross.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Tue Jan-26-10 03:57 PM
Response to Reply #5
7. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Freddie Stubbs Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:04 PM
Response to Original message
8. Good for him
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cascadiance Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:10 PM
Response to Original message
10. Probably writes off spending a lot on "entertainment expenses" for all of his lunches with ladies...
Edited on Tue Jan-26-10 04:12 PM by cascadiance
As someone who used to work with a sales rep who worked with Oracle many years back, and knew others that knew him, he had quite quite the reputation as a hustler with a whole "litter" of lady friends (perhaps many from Oracle) that he'd spend time with...

Not sure if he's still into that, but wouldn't be surprised that chews up a lot of his time...
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tilsammans Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:14 PM
Response to Reply #10
12. He's nuthin' to look at . . .
. . . no woman would look twice at him if it weren't for the bucks.
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cascadiance Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:16 PM
Response to Reply #12
13. Probably was better looking some 20 years ago...
... but that still doesn't stop some types of ladies from these pursuits. Especially in a society that's becoming more fascist everyday.
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jgraz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:26 PM
Response to Reply #13
15. No, he wasn't.
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cascadiance Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:17 PM
Response to Reply #15
19. I'm not saying he looked "good" then, just better than he is now...
The guy's and old man. Though perhaps has a bigger bank account now that makes him more "attractive" now than then to some ladies that value that sort of thing.
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ElmoBlatz Donating Member (149 posts) Send PM | Profile | Ignore Tue Jan-26-10 04:19 PM
Response to Original message
14. He started the company
And its not salary, its stock options and stock gains.

He essentially "sold" a portion of his share of the company. Is that wrong?
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Blackhatjack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:34 PM
Response to Original message
16. ... AND He got FRIES with that! n/t
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:48 PM
Response to Original message
18. We should confiscate 95% of it.
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Change Happens Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 09:35 PM
Response to Original message
20. He works for his own company - he created it and
built it to what it is now...I have no problem with that!
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tilsammans Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 09:59 PM
Response to Reply #20
21. Uh-huh. You would if your job went away to India . . .
. . . which is where Oracle's tech support is located.

Couldn't Larry Ellison spend a little of his pocket change and bring those jobs back to the USA? :rant:
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