In this post, we gonna tell you that Why Google CEO Sundar Pichai Gets 2500 Crore Rupee? On Wednesday i.e. 25 April 2018, Google CEO Sundar Pichai gets a tremendous amount of money which nobody ever thought about. Actually, On Wednesday Sundar Pichai redeems a check which the company gives him 4 years ago.
Reason Why Google CEO Sundar Pichai Gets 2500 Crore Rupee?
According to the News Site Bloomberg, Sundar gets a promotion back in 2009. At that time, Company gives him 3,53,939 Registered shares as an award.
Meanwhile, Pichai says the time has now come to redeem those shares. Indeed, Google’s Parent company Alphabet Inc. gives these shares to Pichai. Surprisingly, After 4 years the price of those shares rise up to 90%. As a result, their rate is now approximately equal to 380 Million which is Rs 2524 crore. Let us give you the Info that Registered Shares are those which can only be sold after some period of time.
Growing up in Chennai, From 2015, Pichai Handles Alphabet’s Inc. company Google. The company gives these share to him when he gets the promotion as Senior Vice President (Product). That time he takes over the responsibilities of Google’s Co-founder Larry Page.
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