One of the best paid CEOs in the world, Sundar Pichai earns millions of dollars yearly. You may read more about Sundar Pichai’s pay in Indian rupees in this article.
Sundar’s Real Name | Pichai Sundararajan |
Sundar Pichai Net Worth | $600 Million |
Monthly Salary | $100 Million |
Date of Birth | Jun 10, 1972 |
Age | 50 years old |
Hometown | Madurai |
Education | IIT Kharagpur, Â Stanford University, Â University of Pennsylvania |
Marital Status | Married |
Spouse | Anjali Pichai |
Children | 2- {Kavya & Kiran} |
Charity | During COVID-19, He donated 5 Crore to Give India |
Current Position | CEO- Alphabet & Google |
Who is Sundar Pichai?
Sundar Pichai, an IIT graduate and Madurai guy, requires no introduction.
Sundar Pichai is one of Time magazine’s 100 most important persons for the year 2020. He formerly served as Google’s CEO. Sundar Pichai, a successful businessman best known for serving as the CEO of Google Inc. later in December 2019, is a successful business executive. He also serves as the CEO of Alphabet Inc.
Sundar Pichai was born and reared in India, had a modest childhood, and after continuing his education in the United States, is now a well-known figure and a technology enthusiast.
Additionally, the promotion increased his wealth by $242 million because his net worth was estimated at Rs 3,300 crore in 2019. Pichai started his career at Google in 2004 as a Management Executive, which elevates his path even further. Because of his creative thinking and diligence, he advanced to higher ranks.
One of the best-known tech industry figures in the world is Sundar Pichai. He had started at Google in 2004 and worked his way up to CEO in 2015. Sundar Pichai is the CEO of the most valuable companies in the world and is frequently included among the CEOs earning the highest salaries worldwide. We will analyse Sundar Pichai’s pay in this article. We’ll go over each component of Sundar Pichai’s compensation one at a time.
He has motivated millions of individuals to pursue their goals and improve themselves ever since he was named the CEO of Google.
Sundar Pichai’s Personal Life
Lakshmi Narayanan is Sundar Pichai’s father, while Lalitha Pichai is his mother. He graduated from Jawahar Vidyalaya (also known as Jawahar Navodaya Vidyalaya) and the Indian Institute of Technology at Kharagpur. On December 19, 2003, he wed Anjali Pichai. He was born in 2008 and has two daughters named Isha Pichai and a son named Agastya Pichai (born 2012).
Although he enjoys playing football in his own time, he is now spending more time at work. Whenever he gets free time, he enjoys listening to music and travelling. Sundar and his family reside in the United States as citizens. He has previously worked with companies like Android Inc., Google Inc., and others.
He is a pretty straightforward man who travels by using the public transportation system. He plays football or cricket with his family and friends during his free time. At events like the Golden Jubilee Celebration of the IIT Kharagpur Alumni Association, among others, he has delivered numerous award speeches.
Education of Sundar Pichai
In Chennai, Sundar Pichai was raised in a middle-class household. He has extraordinary memory and cognitive abilities even at a young age.
He completed his work as a tutor at Ashok Nagar, Chennai’s Jawahar Navodaya Vidyalaya, a Central Board of Secondary Education institution. He completed his Class XII education at IIT Madras.
He got accepted into the Indian Institute of Technology, Kharagpur, after completing his education. He earned a silver medal for excellence in 1973 after completing his B.Tech in Metallurgical Engineering.
He was able to secure a place at the Indian Institute of Technology (IIT) Kharagpur thanks to his love for science and technology and his desire to make a contribution to the field. In 1993, he decided to pursue a B-Tech in Metallurgical Engineering. At IIT Kharagpur, he also met his wife Anjali, with whom he has two daughters.
He then won a scholarship and attended Stanford University, where in 1995, he earned a Master’s degree in materials science.
Scholarship that won a Silver Award for Sundar Pichai, which allowed him to attend the prestigious Stanford University and pursue his dream degree, was a turning point in his educational career. He entered Stanford in the year 1995 and was selected to study MS in Engineering and Material Science. After earning his master’s, he was eager to enrol at Stanford for a PhD programme in a related area. Pichai continued his doctoral studies but eventually decided against continuing and began working as a product manager and engineer for Applied Materials.
After spending time in the field, Sundar saw the value of earning an MBA in order to achieve his professional aspirations. When Sundar Pichai decided to pursue an MBA at the esteemed Wharton School of the University of Pennsylvania, his science-focused education took a different direction (2002). His life was changed by earning a top degree from a prestigious university and receiving honors like Siebel Scholar and Palmer Scholar.
He met the Google founders in the interim, and they got along great.
Sundar enrolled in the MBA programme at the University of Pennsylvania in 1995 after receiving his postgraduate degree from Stanford. He earned his degree in 2002 and has been in the country ever since.
He started working for Google in 2004, and after 11 years, he became its CEO.
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Sundar Pichai’s Salary-Â
Sundar Pichai has already amassed a fortune of more than a million dollars via hard work and numerous possibilities. He has a net worth that most individuals can only imagine at the age of 48.
Millions of dollars are paid to Sundar each month. He is worth more than 9755 crore Indian rupees.
According to Google’s annual proxy filing with the US Securities and Exchange Commission, Sundar Pichai’s base salary will be $20 million as of the date of his appointment as CEO of Alphabet in 2020. (about 14.6 crores Indian rupees). Pichai’s base salary was anticipated to be around 6.5 million dollars prior to 2019.
He earned $100 million in 2015, and ever since then, his net worth has grown. He earned $199 Million in 2016. He holds about 115,007 Google shares.
Sundar has a large investment in the form of the business’s stock.
As of 2019, Sundar earned Rs. 2,145 crores annually. Thus, his daily income is approximately Rs. 5.87 crore. He earns approximately Rs. 176 crores per month (1,74,13,00,206). In 2021, there was a $2 million boost in the annual remuneration of Mr. Pichai.
Sundar is one of the top ten CEOs in the United States, according to Bloomberg. He earned about $86 million in 2019 through various benefits and stock awards.
Prior to becoming CEO of Alphabet, Pichai’s base salary was about $6.5 lakh (roughly Rs 4.8 crore) in 2019. All Other Compensation in 2019 was close to $3.3 million.
Like most people in tech, Sundar Pichai earns a basic monthly salary. Sundar Pichai’s salary is $2 million (Rs. 16 crore) per year. Sundar Pichai’s salary per month, therefore, is $160,000 (Rs. 1.2 crore).
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Sundar Pichai Salary: Stock options
Like most CEOs, Sundar Pichai earns the majority of his income through the stock options that are granted to him. Pichai received $240 million in stock options when he became CEO of Google (Rs. 1,700 crore). Over time, these stock options became exercisable (typically 4 years).
Sundar Pichai also receives stock grants that also take time to vest in addition to these initial stock options, which are typically given to him every three years. A sizable portion of Sundar Pichai’s overall compensation comes from these stock grants. Pichai received two performance stock unit grants in the past, each worth $63 million (500 crore rupees) and $84 million (68 crore rupees).
Sundar Pichai’s new equity award, which more closely links his salary to performance, was approved by Alphabet, the company said in a December 2022 announcement. The business said that Pichai’s “excellent performance” as CEO has been acknowledged by the board and that a large amount of the award’s vesting would rely on how Alphabet’s overall shareholder return compares to that of another S&P 100 companies.
Because Google’s stock price fluctuates, it is challenging to estimate Sundar Pichai’s income. However, we have listed the value of the Google shares he was granted at various times, and they total more than $350 million (Rs. 3,000 crore).
Pichai received a $240 million stock package in 2019 in his capacity as the CEO of Alphabet and Google. According to the proxy filing, the stock options will mature in 2023. These PSU awards will vest, if at all, on December 31, 2023, based on the Total Shareholder Return (TSR) performance of Alphabet relative to the companies comprising the S&P 100 over a 2021–2023 performance period, subject to continued employment on the vesting date. This is due to changes made to Sundar’s compensation structure last year. Therefore, how well Google and Alphabet actually do over the course of the some years will determine the value of stock options.
How Sundar Pichai Rose to Prominence?
Sundar Pichai’s honesty and tenacity are his strongest traits. Sundar Pichai developed both of these traits to become the person he is today.
His life changed when he accepted an invitation to an interview at Google in 2004 for the role of Head of Product Development. He is a natural-born talent.
Although the interview was challenging, Sundar was able to succeed because of his composure and sincerity.
Sundar Pichai acknowledged that he was questioned about “Gmail,” which had just been introduced. He replied truthfully that he was unaware of such a thing.
In the fifth and final round, when he was informed about Gmail and asked the same question, he went on to describe Gmail and offer suggestions for how it might be improved.
He casually said that, given that the interview took place on April 1st, 2004, he assumed it was an April Fool’s joke.
Sundar consistently showed himself to be one of the company’s finest assets. He was given a promotion and appointed vice president of product development in 2008.
He was appointed Senior Vice President at Google in 2012. His dedication to work and accolades from other tech firms like Twitter and Microsoft led to offers of enormous incentives to join their respective organizations.
But he remained with Google and ultimately became the CEO of Google in August 2015. After Larry Page stepped down as the CEO of Alphabet in December 2019, Sundar was named the CEO of Alphabet.
Awards and Recognition of Google CEO Sundar Pichai
Sundar Pichai began working for Google in 2004, and by August 2007 he got promotion to Vice President of Product Management. He introduced Chrome OS in 2009, an operating system built on the Linux kernel that allowed users to perform all of their tasks online without the need for a hard drive or any other software to be installed on their machine.
He was ranked by Forbes as one of the most influential persons in business in 2017. He also received numerous honours, including the Top 100 Global Thought Leaders Award from the World Economic Forum, the Digital Visionary Award from the Webby Awards, the Visionary Award from Variety, the Tony Robbins Game Changer Award, the Excellence in Innovation Award from the Consumer Technology Association, the Tech Titan Award from CNBC, and the NDTV Profit Man of the Year in Business Leadership Award.
Conclusion
In fact, Sundar Pichai is someone to aspire to. He is a kind, composed, and intelligent person. Additionally, he is grounded and always inspires pupils to pursue their goals.
He has been employed at Google for more than 16 years. He has attended meetings, closed transactions, made products more well-known, and successfully negotiated numerous deals throughout this time.
He became the person everyone aspires to be as a result of his labor of love and favorable circumstances.
He is now among the wealthiest CEO’s in the world thanks to all of these honors. Sundar Pichai will become a billionaire in the following year or the year after thanks to Google and Alphabet’s continued growth.
Frequently Asked Questions
Sundar Pichai is a long-term investor and businessman in India who wants his company to share in the economic success that country will have.
Sundar Pichai, the CEO of Google, has donated Rs 5 crore to Give India, matching the previous donation made by Google to the nonprofit organization in response to the coronavirus outbreak. Thank you @sundarpichai for matching the Rs 5 crore contribution from @Googleorg to give badly needed financial aid to families with daily wage workers.
His projected net worth is said to have decreased by 20%, and as of 2022, it is believed to be close to US $1310 million (about Rs. 10,215 crores). He still ranks in the top 10 wealthiest professional managers on the list. Sundar Pichai makes about US $242 million a year in compensation (Rs 1880 crores approx).
His Pichai’s basic salary increased by 200% in 2018. His base salary is US $2 million (Rs 16 crores approx) with additional bonuses and stock grants. Out of his total revenues in a year, he earns US $120 million over 3,000 units of Alphabet Inc. stock worth over US $177,596,126 (Rs 1,470 crores approx).
Sundar isn’t a programmer, though. At IIT Kharagpur, he studied Metallurgical Engineering. At Stanford University, he later earned an M.S. in Metallurgical Engineering. After graduating M.S , he has done his MBA from Wharton school of the University of Pennsylvania.
He therefore didn’t learn programming during his time in high school or college.
He might have picked up some fundamental programming skills on his own. Before becoming CEO of Google, Sundar held positions as “Product Manager” at “Mckinsey and Company” and “Google.”
Additionally, Sundar is highly renowned within Google for offering straightforward solutions to really difficult issues. He is thus a problem-solving expert but not a coder.
Sundar is a fantastic problem solver rather than a coder, we can infer from this.
