This post contains affiliate links. Read the full disclosure here.
Sundar Pichai Net Worth: $600M
Who Is Sundar Pichai?
Sundar Pichai is an Indian business executive and his net worth stands at $600M.
He is currently the CEO of Alphabet Inc, the company that owns Google. In 2019, he replaced company co-founder Larry Page as the CEO.
Sergin Brin, another co-founder also announced at this time that he would step down from day-to-day work at Alphabet.
However, they still have a seat at the companies board and are also still the companies largest shareholders.
Before becoming CEO, Pichai was Product Chief. The move was part of the resturcturing process that saw Alphabet become the parent company of Google.
A lot of critics have said the move allowed co-founders Larry and Sergey to retreat as the main public faces of Google, given the company was due to deal with numerous anti-trust investigations from various Attorney Generals, the FTC and the Justice Department.
The Early Years
Sundar Pichai was born in India on July 12, 1972, in Madurai, Tamil Nadu.
His mother was a stenographer and his father was an electrical engineer at GEC, the UK conglomerate. His father also owned a manufacturing plant that produced electrical components.
Pichai was brought up in a two-room apartment in Ashok Nagar, Chennai and had a Hindu upbringing.
Pichai graduated from the Indian Institute of Technology and then attended Stanford University where got an M.S.
He also went on to earn his MBA at the Wharton School at the University of Pennsylvania where he was awarded a Siebel and Palmer Scholar.
Pichai’s first jobs were in product management and engineering at Applied Materials before moving on to management consulting at McKinsey & Company.
He moved to Google in 2004 and has worked on various projects such as Google Chrome, Google Drive, Google Maps, and Gmail.
By 2015, Sundar had been selected as the new CEO of Google, stepping into the new role at the completion of the Alphabet restructure.
It’s reported that around the same time he had been in the running for the CEO role at Microsoft, a position Satya Nadella now holds.
2017 saw Pichai received criticism for firing a Google employee who wrote a ten-page manifesto about the poor policies the company had on diversity.
While accepting that the manifesto did raise some issues that are open to debate, he said to suggest a group of colleagues have traits that make them less biologically suited to that work is offensive.
In 2017, Pichai was a keynote speaker at the World Internet Conference in China. His speech made reference to how Google has supported lots of SME businesses in China.
In 2019 he became the CEO of Alphabet Inc.
Between 2015 and 2020, Pichai has earned more than $1B in compensation and potential earnings, pre-tax.
His base salary currently stands at $2M, however, in a recent typical year he earns north of $100M due to bonuses and stock grants.
In 2015 he earned $100M and in 2016, $199M. These large earnings are made up mostly of share grants.
By contrast, his 2017 earnings were only $1.3M, however, the following year his total pay package was $470M.
In 2013 Sundar was given 353,939 restricted shares of Alphabet Stock that had a five-year vesting period. At the time of being awarded the shares were worth $184M.
At the time of vesting in April, 2018, they had a paper value of $380M. When the shares were at their peak during that period they were worth nearly $450M.
Pichai has earned more than £100M in total compensation every year from 2014, except 2017.
In late 2019, Pichai was awarded a further grant of $240M in stock options over a three-year period. This was the time his base salary was increased from $650,000 to $2M.
Top 5 Sundar Pichai Quotes
“Wear your failures as a badge of honor.” – Sundar Pichai
“A person who is happy is not because everything is right in his life, he is happy because his attitude towards everything in his life is right.” – Sundar Pichai
“It is important to follow your dreams and heart. Do something that excites you.” – Sundar Pichai
“As a leader, it is important to not just see your success but focus on the success of others.” – Sundar Pichai
“Let yourself feel insecure from time, it will help you grow as an individual.” – Sundar Pichai
Sundar Pichai is an internationally renowned business executive and his net worth stands at $600M.
He has risen up the ranks at Google and is the current CEO of Alphabet Inc, the parent company of Google.
Over the past 6 years, he has earned more than $100M in total compensation in every year except one.
As of 2021, Sundar Pichai’s net worth is $600M.
What do you think about Sundar Pichai’s net worth? Leave a comment below.
Disclaimer: Disclaimer at the end: This information is correct to the best of our knowledge. If you think any information is incorrect about Sundar Pichai’s net worth, let us know and we will update it.