The compensation packages of top CEOs have always been a point of intense interest and scrutiny. CEOs navigate their companies through the complexities of the market while ensuring that their organizations remain at the forefront of innovation and profitability, or at least they are supposed to. But many wonder whether that warrants the massive compensation that includes base salaries, bonuses, and more.

Below, we explore the top 10 highest paid CEOs in the world, according to Equilar. We will shed light on their compensation, the companies they lead, and the impact they have made on their industries.

1. Jon Winkelried – TPG Inc. (TPG)

  • Total Compensation: $198,685,926
  • Change in Pay: 483%

Jon Winkelried, the co-CEO of TPG Inc., a leading global alternative asset management firm, tops the list with a staggering total compensation of nearly $200 million. His significant pay increase of 483% from the previous year reflects the company’s impressive growth and his pivotal role in steering the firm toward new heights. With TPG’s assets under management exceeding $100 billion, Winkelried’s leadership continues to drive substantial value for shareholders.

Beyond his financial acumen, Winkelried has been instrumental in fostering a culture of innovation and strategic thinking at TPG. Under his guidance, the firm has expanded its investment strategies to include sectors like technology, healthcare, and sustainability, ensuring long-term growth and relevance. Winkelried’s ability to anticipate market trends and navigate complex financial landscapes has positioned TPG as a leader in the alternative investment space.

2. Harvey M. Schwartz – The Carlyle Group Inc. (CG)

  • Total Compensation: $186,994,098
  • Change in Pay: N/A

Harvey M. Schwartz, CEO of The Carlyle Group, one of the world’s largest and most diversified global investment firms, earned nearly $187 million in total compensation. As a new entrant into this elite group, Schwartz’s compensation reflects his critical role in revitalizing Carlyle’s global operations, solidifying its position in the private equity market, and expanding its investment strategies.

Schwartz, who previously served as the CFO and COO of Goldman Sachs, brought a wealth of experience in finance and operations to Carlyle. His leadership has been marked by a focus on improving operational efficiency and expanding the firm’s global footprint. Schwartz has also been a strong advocate for diversity and inclusion within the firm, leading initiatives to increase representation in leadership roles and fostering a more inclusive corporate culture. His strategic vision has been key to Carlyle’s continued success in an increasingly competitive market.

3. Hock E. Tan – Broadcom Inc. (AVGO)

  • Total Compensation: $161,826,161
  • Change in Pay: 167%

Hock E. Tan, CEO of Broadcom Inc., has consistently been recognized for his transformative leadership. With a total compensation of over $161 million, Tan’s 167% increase from the previous year underscores his success in leading Broadcom through strategic acquisitions and technological advancements, which have significantly bolstered the company’s market position in semiconductors and infrastructure software solutions.

Tan’s approach to leadership is characterized by a relentless focus on operational efficiency and innovation. He has successfully integrated multiple acquisitions, turning Broadcom into a diversified technology powerhouse. Tan’s ability to identify and capitalize on growth opportunities, particularly in the high-margin semiconductor sector, has been a driving force behind Broadcom’s sustained revenue growth and strong market presence. His emphasis on R&D and product development has also ensured that Broadcom remains at the cutting edge of technology.

4. Nikesh Arora – Palo Alto Networks, Inc. (PANW)

  • Total Compensation: $151,425,203
  • Change in Pay: 1355%

Nikesh Arora’s compensation package of over $151 million marks an astonishing 1355% increase from the previous year, making him one of the most handsomely paid tech CEOs. Under his leadership, Palo Alto Networks has strengthened its position as a global cybersecurity leader, driving impressive revenue growth and expanding its product offerings to address the evolving security landscape.

Arora’s tenure at Palo Alto Networks has been marked by a series of strategic initiatives aimed at broadening the company’s product portfolio and expanding its global footprint. He has overseen the development of advanced cybersecurity solutions that cater to the growing needs of enterprises and governments alike. Arora’s vision for the company includes a strong focus on artificial intelligence and machine learning, positioning Palo Alto Networks as a leader in next-generation cybersecurity. His ability to anticipate industry trends and pivot accordingly has been instrumental in the company’s rapid growth and success.

5. Sue Y. Nabi – Coty Inc. (COTY)

  • Total Compensation: $149,429,486
  • Change in Pay: 4100%

Sue Y. Nabi, the CEO of Coty Inc., stands out not only for her substantial compensation of nearly $150 million but also for the remarkable 4100% increase in her pay. Nabi’s visionary leadership has been instrumental in transforming Coty’s brand portfolio, driving sustainable growth, and repositioning the company in the global beauty and cosmetics market.

Nabi, with her extensive experience in the beauty industry, has brought a fresh perspective to Coty. Her leadership has been pivotal in revitalizing legacy brands while also championing new, innovative products that resonate with a younger, more diverse consumer base. Nabi has also placed a strong emphasis on sustainability, pushing Coty towards eco-friendly practices and products. Her focus on digital transformation has also enabled the company to tap into new markets and customer segments, driving significant revenue growth and brand equity.

6. Christopher L. Winfrey – Charter Communications, Inc. (CHTR)

  • Total Compensation: $89,077,078
  • Change in Pay: N/A

Christopher L. Winfrey, the CEO of Charter Communications, earned just over $89 million in 2023. As a leader of one of the largest cable and telecommunications companies in the United States, Winfrey has been instrumental in expanding Charter’s broadband services and enhancing its digital offerings, contributing to the company’s significant revenue of over $54 billion.

Winfrey’s leadership has been characterized by a strong focus on customer experience and operational excellence. He has overseen the rollout of advanced broadband services, positioning Charter as a leader in the telecommunications industry. Winfrey’s strategic vision has also included significant investments in digital infrastructure, ensuring that Charter remains competitive in an increasingly digital world. His commitment to innovation and customer satisfaction has been a driving force behind the company’s continued growth and success.

7. Ariel Z. Emanuel – Endeavor Group Holdings, Inc. (EDR)

  • Total Compensation: $83,879,504
  • Change in Pay: 340%

Ariel Z. Emanuel, CEO of Endeavor Group Holdings, which is known for its portfolio of sports, entertainment, and media assets, earned close to $84 million in total compensation. Emanuel’s 340% pay increase reflects his success in expanding Endeavor’s global reach and influence, particularly in the entertainment and sports management sectors.

Emanuel, a well-known figure in the entertainment industry, has played a key role in shaping Endeavor’s growth strategy. His leadership has seen the company expand its portfolio to include some of the most influential brands in sports and entertainment, such as UFC and Miss Universe. Emanuel’s deep industry connections and business acumen have enabled Endeavor to secure high-profile partnerships and deals, further solidifying its position as a global entertainment powerhouse. His forward-thinking approach has also seen Endeavor embrace digital and streaming platforms, ensuring the company remains relevant in a rapidly changing media landscape.

8. Arash Adam Foroughi – AppLovin Corporation (APP)

  • Total Compensation: $83,361,678
  • Change in Pay: 79783%

Arash Adam Foroughi, CEO of AppLovin, a mobile technology company, saw his compensation skyrocket by an astonishing 79783% to over $83 million. This dramatic increase underscores Foroughi’s pivotal role in driving AppLovin’s growth, particularly through its innovative mobile advertising solutions and expansion into gaming.

Foroughi’s leadership at AppLovin has been marked by a strong emphasis on innovation and scalability. He has overseen the company’s rapid expansion into new markets, particularly in the mobile gaming sector, where AppLovin has become a major player. Foroughi’s strategic investments in technology and data analytics have also enabled the company to optimize its advertising solutions, delivering higher ROI for its clients. His ability to scale operations while maintaining a focus on innovation has been key to AppLovin’s success and his subsequent compensation package.

9. John David Risher – Lyft, Inc. (LYFT)

  • Total Compensation: $78,238,027
  • Change in Pay: N/A

John David Risher, CEO of Lyft, earned over $78 million in 2023, marking his debut on the list of highest paid CEOs. As the leader of one of the largest ride-sharing companies, Risher has been focused on improving operational efficiency and expanding Lyft’s services, positioning the company for sustained growth in a highly competitive market.

Risher’s approach to leadership at Lyft has been characterized by a focus on sustainability and innovation. He has championed initiatives aimed at reducing the company’s carbon footprint and enhancing the sustainability of its operations. Risher has also been instrumental in expanding Lyft’s offerings beyond traditional ride-sharing, including the development of micro-mobility solutions such as e-bikes and scooters. His strategic vision includes a commitment to enhancing customer experience and ensuring that Lyft remains competitive in an increasingly crowded market.

10. William J. Lansing – Fair Isaac Corporation (FICO)

  • Total Compensation: $66,349,962
  • Change in Pay: 251%

William J. Lansing, CEO of Fair Isaac Corporation, best known for its FICO credit scoring system, rounds out the list with a total compensation of over $66 million. Lansing’s 251% increase in pay highlights his effective leadership in expanding FICO’s offerings beyond credit scoring into analytics and decision management technology, ensuring the company’s continued relevance in the financial services industry.

Lansing’s tenure at FICO has been marked by a commitment to innovation and customer-centricity. He has overseen the company’s expansion into new areas such as artificial intelligence and predictive analytics, helping FICO stay ahead of the curve in the rapidly evolving financial technology landscape. Lansing’s focus on developing new products and services has enabled FICO to maintain its competitive edge, while also driving significant revenue growth. His leadership has been instrumental in positioning FICO as a global leader in decision management and analytics technology.