Oracle's Larry Ellison Is World's Highest Paid CEO
Oracle's Larry Ellison received a whopping $1.84 billion in compensation over the past decade, making him the world's highest paid CEO according to a new Wall Street Journal survey of public companies. The founder and chief executive of software maker Oracle Corp. beat out rival Barry Diller, chairman of IAC/InterActive, for the top spot; Diller received roughly $1.14 billion in compensation. Following Diller are Occidental Petroleum Corp. CEO Ray Irani at $857 million, Apple Inc.'s Steve Jobs with $749 million and, in fifth place, Capital One Financial Corp. CEO Richard Fairbank at $569 million. Ellison, the sixth richest person in the world with a personal fortune of $28 billion, is known for his passion for high-tech sailing yachts and owns a Woodside, California estate estimated to be worth $200 million. He's also said to have recently paid $10.5 million for Beechwood, the historic Astor family mansion in Newport, RI that was our estate of the day back in May 2007.