Google gave a package of Rs 6,400 crore to Sundar Pichai, he can become the world’s most expensive CEO.

Tezzbuzz Desk- Google and its parent company Alphabet Inc. have included Sundar Pichai among the world’s highest paid CEOs. Has made a big increase in his salary package. Under the new structure, Pichai’s potential earnings in the next three years could increase to approximately $692 million (approximately Rs 6,400 crore).

According to the company, a major part of Pichai’s package will be in the form of Performance Stock Units (PSUs), the target value of which has been kept at around $126 million. It is divided into two parts. The actual value of these shares will depend on how Alphabet performs compared to other companies, especially compared to companies in the S&P 100 index.

If the company’s performance is better than expected, this payment can be doubled to $252 million, while in case of weak performance this amount can also be zero.

Pichai will also receive approximately $84 million of restricted stock that will vest gradually each month over the next three years, provided he remains at the company. Apart from this, his annual base salary has been fixed at $2 million.

The company has also added two new stock incentives to his package, which are linked to Alphabet’s emerging technology projects. This includes self-driving taxi project Waymo and drone delivery startup Wing Aviation.

Under these plans, Pichai can get about $130 million of Waymo and about $45 million of Wing Aviation stock in three years. If these projects perform better than expected, the payout can increase by up to 200 percent.

Since becoming CEO in 2015, Google’s market value has increased tremendously under the leadership of Pichai. The company’s market cap has increased from $535 billion to about $3.6 trillion and for some time it even crossed $4 trillion.

Pichai, 53, of Indian origin, joined Google in 2004. He played a key role in the development of the company’s popular web browser Google Chrome and later led the Android division.

In recent years, Pichai has faced criticism for his slow start in the field of artificial intelligence, especially after OpenAI achieved great success by launching ChatGPT in 2022. However, after this Google introduced many new AI models and included AI technology in its search engine.

Apart from this, Pichai has also faced two antitrust cases related to Google’s search and app store business, while another case related to the company’s advertising network is still pending.

According to regulatory filings, Pichai and his wife Anjali Pichai own about 1.67 million shares of Google. At around $298 per share on Friday, their total value was estimated at around $498 million.

Google co-founders Sergey Brin and Larry Page still hold about 56 percent of the company’s voting power through “super-voting” Class-B shares.

The earnings of the heads of other big tech companies of the world are also quite high. Satya Nadella will earn around $96.5 million as CEO of Microsoft in 2025, while Tim Cook’s total earnings from Apple in 2025 will be around $74.3 million.

Amidst these figures, Sundar Pichai’s new package could make him among the world’s highest paid corporate leaders.