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The Other Side of the $1 Salary

A Handful of CEOs Earn $1 in Salary but Make Millions Elsewhere

Google's Eric Schmidt

Google CEO Eric Schmidt along with founders Larry Page and Sergey Brin -- now respectively president of products and president of technology -- each take home $1 a year in salary.

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But, like Jobs, they each get large paydays through stocks and other bonuses. For 2007, Schmidt took home $480,561, according to the Corporate Library. The vast majority of that money from Google went for Schmidt's personal security team.

But Schmidt now has about 9.5 million shares of Google stock, worth $2.6 billion these days. Page and Brin also have a few billion dollars worth of stock.

Jerry Yang

Yahoo CEO Jerry Yang, who plans to step down shortly, rounds out the Silicon Valley executive $1 club.

But unlike his counterparts, Yang didn't get any other bonuses or stock options in 2007, according to the Corporate Library. As co-founder of Yahoo, he's already a billionaire; but because he is a major shareholder in the company, his wealth is directly tied to its health.

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