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Satya Nadella Net Worth: There has been a huge increase in the salary of Indian-origin CEO of Microsoft, Satya Nadella. In the year 2024, Satya Nadella will get 79.1 million dollars (Rs 670 crore) including total salary and allowances, which is 63 percent more than the year 2023. This is the first time since 2014 that Satya Nadella will be given compensation of $79.1 million. In 2014, he was given a salary of $84 million after becoming the CEO of Microsoft.
Information about the increase in Satya Nadella’s salary has come to light through regulatory filing on Thursday. A major portion of Nadella’s salary comes from Performance Based Stock Awards, whose value is $71.2 million in 2024. Last year, in 2023, he was given $39 million as performance based stock awards and his total salary was $48.5 million.
Microsoft’s shares have seen a rise of 28 percent in the year 2024 and on Thursday October 24, 2024, the company’s market cap has increased to $3.6 trillion. The valuation of the company has increased due to the company’s investment in Artificial Intelligence and increase in revenue due to technology. Microsoft is folding its Office products and AI-powered Copilot assistants with AI for which it charges its customers.
Satya Nadella’s share in the total salary in 2024 is $2.5 million, which was the same last year also. He had appealed to reduce the cash bonus, which was accepted by the board. In the year 2022, Nadella had received $10 million as bonus, which has reduced to $6.4 million in 2023 and to $5.2 million in 2024.
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