[FireBeyond]

"Multi billionaire who would never have to work another day in his life, who could quit now and spend a million dollars a DAY for the next say forty years of his life and still have money in bank, agrees to compensation plan based on value added, not increasing his treasure chest."

Or "man who doesn't need more, doesn't ask for more".

[DiabloD3]

But you say this like its a bad thing. He has become a career CEO, if you're a career CEO you're most likely really fucking rich.

Rich CEOs almost always increase their personal wealth, and make it one of their most important goals, even if they don't admit it publicly.

What Elon has done has signaled that making his companies succeed is his most important goal, and has basically called out other CEOs for not doing the same.

[grecy]

> Or "man who doesn't need more, doesn't ask for more".

The article gives the example of Ford CEO Mark Fields who got $18.6 million in 2015.

Does he 'need' more?

[KB1JWQ]

Exactly. Most people aren't in a position to waive their salary for a few years on the off-chance a moonshot works out.

[mschuster91]

IIRC with Musk he put all his fortune into the basket with SpaceX and Tesla at the same time. That's yet another level.