South African CEOs that are earning a considerable amount of money
Elon
Musk is not the only South African-born CEO raking in the cash.
1. According to the annual report, Sibanye-Stillwater CEO Neal Froneman had earned R12.42-million plus an additional R7.8-million as a bonus and R246-million in a share scheme.
2. The next CEO heads up the MTN group. Ralph Mupita was reported to have received a substantial R15.4-million salary along with R28.9-million in short-term incentives and R38-million in longer-term incentives.
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3. Although Daniel Mminele is the ex-CEO of ABSA, the company paid him around R28.7-million after lengthy negotiations.
4. No matter what you think of him, Elon Musk received an eye-watering R100-billion - or R12-million per hour.
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