Topping this list is the position of a CEO, the highest-ranking position of an executive in a company. Going by upGrad’s research for 2024, the average salary of a CEO in India is around Rs. 2,952,883 annually, while in the US, it is around $155,291.
Like Arnault, who is the CEO of LVMH, as well as its founder and Chairman, those holding a CEO designation are tasked with making crucial corporate decisions, managing resources, and supervising all managerial operations. The CEO is chosen by the company’s board of directors, is its public face and in essence, is its primary decision-maker and manager. The CEO is meant to ensure that the company is making maximum use of its resources and subsequently churning in the required profits.
Simply put, the CEO is held responsible by the board for the company’s growth and success. Considering the weighted nature of the position, it’s only fitting that those holding this designation have the highest paying job in the world.
For context, the highest paid CEOs in the world include Tesla CEO Elon Musk who has a net worth of $210.2 billion (approximately Rs 17 lakh crore), META CEO Mark Zuckerburg who has a net worth of $141.5 billion (Rs 11 lakh crore) and Apple CEO Tim Cook with a net worth of $1.9 billion (Rs 15,794 crore).
