World’s top 5 highest paid CEOs of 2020
They’re a huge aspiration pool for go-getters to show up, work hard and earn their way to the top
![World’s top 5 highest paid CEOs of 2020](https://www.tbsnews.net/sites/default/files/styles/big_2/public/images/2020/10/07/ceos.jpg)
Every year the world keeps a close eye in the bank balance of the top CEOs to see who is are participating in the rat race or who has bagged how much wealth than the other. Apart from that, their intrinsic knowledge, wisdom, pay cheques - are inspiration to many to look upto.
They're a huge aspiration pool for go-getters to show up, work hard and earn their way to the top, reports GQ India.
And here's hoping these five moguls, who've bagged the top five spots in "Bloomberg's Highest Paid US CEOs: Top Salaries in 2019 list", does the same for you.
1. Elon Musk - $595.3 million
![Elon Musk also criticized the way most companies are run. He also took a swipe at the business school graduates complaining that too many MBAs were running companies Photo: Collected](https://www.tbsnews.net/sites/default/files/styles/big_2/public/images/2020/09/16/download.jpg)
In what hardly comes as a shocker, Elon Musk emerged as the highest-paid CEO. For the uninitiated, Musk is the CEO of Tesla, and according to the company's website, he leads product design, engineering and global manufacturing of Tesla's electric vehicles, battery products and solar energy products. Notably, Musk is also CEO of Neuralink, and previously co-founded and sold PayPal.
2. Tim Cook - $133.7 million
![Apple CEO Tim Cook speaks at the WSJD Live conference in Laguna Beach, California. Photo: Reuters](https://www.tbsnews.net/sites/default/files/styles/big_2/public/images/2020/08/29/tim_cook.jpg)
Apple's CEO and ex-Chief Operating Officer, Tim Cook ranked second on the list. He's also the highest-paid CEO, currently, in the tech industry. According to Bloomberg, more than $122 million of all the money Cook made last year came from stock awards. Notably, before joining Apple, Cook has already been in the tech biz for over a decade.
3. Thomas Rutledge - $116.9 million
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Thomas Rutledge or Tom Rutledge is the Chairman and CEO of Charter Communications, a cable company. He began his career in 1977 at American Television and Communications (ATC), a predecessor of Time Warner Cable where he served in many different capacities, eventually becoming President of Time Warner Cable, reads the company's website.
4. Joseph Ianniello - $116.6 million
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Former chairman and CEO of the CBS Entertainment Group for ViacomCBS, Joseph Ianniello, who started his career at CBS in 1997 as the Director of Financial Planning took home a pretty hefty paycheque, last year, even after stepping down from the company. Notably, according to Variety, he took home $125.4 million in compensation and severance payments from ViacomCBS.
5. Sumit Singh - $108.2 million
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Sumit Singh is the CEO and Director of Chewy, Inc. An online store that brands itself as a convenient destination for pet parents. According to Singh's LinkedIn profile, under his leadership, Chewy became a public company in June 2019, trading on the New York Stock Exchange as CHWY and raised $1 billion from stock sale. His previous endeavours include a stint at Amazon and Dell.