CEO of Google Sundar Pichai, who makes $220 million year, grew up in a two-room home

In 2022, Sundar Pichai, the CEO of Google, received $226 million, which is 800 times the average compensation of all other Google employees.

Since Alphabet Inc. submitted a securities filing on Friday, there has been debate regarding Sundar Pichai’s pay. The disclosure coincides with the company’s global pay cuts and its announcement in January that it will eliminate 12,000 jobs globally.

Hundreds of Google workers left their London offices earlier this month. When Google sacked 200 employees from its Swiss offices in March, workers marched out.

In reality, his stock holdings accounted for the majority of his $218 million in income. His base pay was $20 million a year, and he spent $5 million a year on security.

Pichai received a salary of $6 million in 2021 and $7.4 million in 2020. Every three years, Pichai earns money in the form of stocks; in 2019, he received $281 million.

The market slowdown for technology companies as a whole is the reason for Alphabet’s 39% stock decline in 2022. This year, share prices have increased once more, resulting in a 19.5% growth in value since January.

In 2022, other high-ranking Google executives were paid well, but none of them was able to match Pichai’s compensation.

It should be mentioned that after facing criticism from stakeholders for collecting a salary of $100 million in 2022 and 2021, Apple CEO Tim Cook saw a 40% pay decrease in 2023.

Most people are discussing Sundar Pichai’s path to become Google’s CEO, even though he is being chastised for accepting such a pay while lowering employee wages and eliminating jobs. Let’s learn more about Sundar Pichai’s background and identity.

Sundar Pichai is who?

Chennai, India, is where Sundar Pichai was born and completed his elementary schooling. In addition, he captained the cricket team at his school, which won regional tournaments under his direction.

He attended the Indian Institute of Technology Kharagpur to study metallurgical engineering.

He was the’most capable’ student in his class, according to one of his professors, who spoke to the Indian publication Times of India.

In 2004, he began working for Google. Google produced significant products under his direction, such as the Android operating system for mobile devices and Google’s web browser “Chrome.”

Globally, Android is the most widely used mobile phone operating system. The fact that this is the same Pichai whose family didn’t have a telephone until he was twelve years old is also startling.

He had a fairly simple upbringing, according to a Bloomberg magazine piece about him. Pichai and his younger brother shared a two-room residence, and instead of having a separate room, Pichai slept on the floor.

His family didn’t own a car or a television.

Perhaps because of his work at the British General Electric Company, Pichai’s father had cultivated an interest in technology in him since he was a little boy.

Raghunath Pichai, his father, told Bloomberg, “I used to talk to him a lot after coming home about my day’s work and the difficulties I faced in it.” Additionally, he said that Sundar had a unique memory for phone numbers.

Pichai received a scholarship offer from Stanford University, home of the most brilliant brains in technology, after graduating from IIT Kharagpur. The airfare to the United States exceeded his father’s yearly income.

Pichai is regarded as a soft-spoken individual and is well-liked within Google. In addition to being the organizer of Google’s annual event, he enjoys great popularity among developers.

Childhood and Schooling

• 1972: Born in Madurai, Tamil Nadu, India, on June 10.
• 1993: IIT Kharagpur awarded me a B.Tech in Metallurgical Engineering.
• 1995: Graduated from Stanford University with a master’s degree in materials science and engineering
• 2002, he earned an MBA from the University of Pennsylvania’s Wharton School, where he was recognized as a Palmer Scholar and a Siebel Scholar. Encyclopedia Britannica+1 Wikipedia+1

Timeline for Careers

• From 2002 to 2004, I worked as a management consultant at McKinsey & Company.
• April 26, 2004: Started working on the Google Toolbar after joining Google as a product manager.
• 2006: Promoted the establishment of Google’s own browser, which resulted in Google Chrome.
• 2008 saw the launch of Google Chrome and a promotion to Vice President of Product Development.
• 2011: Managed the creation, launch, and distribution of Chrome OS and Chromebooks.
• In 2012, I was promoted to Senior Vice President of Chrome and Apps, where I was in charge of Google Drive and Gmail.
• 2013: Added Android to his portfolio by taking over its administration.
• 2014: Served as Google’s Product Chief, in charge of all Google platforms and products.
• August 10, 2015: Appointed Google CEO.
• October 24, 2015: After Alphabet Inc. was established, I formally took over as CEO.
• December 3, 2019: Replaced Larry Page as CEO of Alphabet Inc., the parent company of Google.
• 2022: Awarded India’s third-highest civilian honor, the Padma Bhushan.
• 2024: Google celebrated 20 years. Britannica Encyclopedia +3 Wikipedia + 3 Investopedia + 3 Investopedia + 3INDC Network + 3 Encyclopaedia Britannica + 3 finnotes.org + 3 Timeline + 3 CrowdforThink + 3 Encyclopaedia Britannica + 2 populartimelines.com + 2 Wikipedia + 2 Timeline + 2 Encyclopaedia Britannica + 2 populartimelines.com + 2 www.ndtv.com+1 Business Insider+1

Current Highlights

• 2023–2024: Dedicated to furthering Google’s AI projects, such as the creation of the Gemini AI chatbot.
• 2024: Named One of Time’s 100 Most Important AI Figures