While many executives are criticized for their excessive pay, some CEOs have been able to skirt around the issue by choosing to forgo a lofty salary and opting instead for a paycheck of $1 a year, or less.
Of course, this isn't to say these executives are living off the dollar menu.
The CEOs on this list are still worth millions, if not billions, but while some merely pay lip service to the $1 salary club by taking home hefty compensation in the form of company stock awards and bonuses, others forgo adding to their wealth in this way entirely.
"I've made enough money," said Mark Zuckerberg during a Q&A on Facebook in June. "At this point, I'm just focused on making sure I do the most possible good with what I have." Zuckerberg chooses to take home a $1 salary and declines stock awards and bonuses.
Here are some CEOs and other executives that belong to the $1 (or less) salary club:
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Larry Page and Sergey Brin
According to Google's annual filing with the Securities and Exchange Commission (SEC), Brin and Page, the company's cofounders asked that their base salaries each be reduced to $1 per year in 2004.
Since then, Google's compensation committee has offered them market-competitive salaries annually, which they continue to decline.
While they also forgo cash bonuses based on their individual and company performance and do not hold any stock options, Google stock units, or other contingent stock rights, Page is currently worth an estimated $34.9 billion and Brin is worth an estimated $34.3 billion.
Jack Dorsey
In a filing with the SEC in June, it was revealed that Twitter's interim CEO receives no compensation for his role. This is of little financial consequence to Dorsey, whose current estimated net worth comes in around $2.3 billion.
"At your request, you have agreed to forego any compensation for your role as Interim Chief Executive Officer until the Compensation Committee agree upon a compensation package for you at the same time that it conducts its annual assessment and setting of executive compensation later in the year. Until a compensation package is finalized, you will be entitled to no cash or equity compensation for your services as Interim Chief Executive Officer,"the document reads.
Larry Ellison
As in previous years, Oracle reported to the SEC that Ellison, now executive chairman and CTO, took home a salary of $1 in 2014.
Meanwhile, new co-CEOs Safra Catz and Mark Hurd, who took over in September, 2014, each took home a $950,000 salary last year in addition to other compensation.
So how does Ellison continue to add to his estimated $49.2 billion net worth? Compensation Ellison received last year included $65 million in stock option awards, $740,000 in non-equity compensation, and $1.5 million for other compensation, most of which went towards security-related costs for Ellison's home.
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