2006/Images/back.gif- 102 smart90.com/tvimagazine/2007/1807102GooglePageBrin&Eric.htm

2006/kudoadstore/Imageskudoad/linkad10260x500.gif2006/ImagesPersonOfTheWeek/00coverofpow108w.jpg NEWS This Week
01. Feature
02. More About
03. More Story
04. Related News
05. GoogleKudoAd

2006/ImagesPersonOfTheWeek/00personoftheweek60pw.jpg
PERSON OF THE WEEK

YouTube

v-Google

LookRadio

Television••••••With No Borders


/ImagesAdSideClicks/TimeLine00MAIN46w.jpg

/ImagesAdSideClicks/A9searchLogo46w.jpg

/ImagesAdSideClicks/YouTubeSmartSide46w.jpg/Images03/LookRadiocartoonsUP108%20.gif
S90searchGoogleVideo46w.jpg
ReturnTop
ˆ
/ImagesAdSideClicks/S90searchLogo45pweb.jpg

ReturnTop
ˆ
ImagesAdSideClicks/S90searchLogoChina45pweb.jpg

ˆ  
/ImagesAdSideClicks/S90searchLogoGer45pweb.jpg

ˆ    

2006/Imagestviup/TVIMag36x100UpWeb.jpg 

ˆ    

 

 

  

 

 

 

 

  

 

 

  

 

 

 

 

top
ˆ

 

 

  

 

 

 

 

 

  

 

 

  

 

 

 

 

top
ˆ

 

 

  

 

 

 

 

  

 

 

  

 

 

 

 

ˆ

A SPRING ISSUE - MAY 2007 - tviNews Events
The Trio of billionaires at Google, Larry Page, Sergey Brin, and Eric Schmidt are paid only $3 per year to run Google.
FEATURE STORY
• 02. More About
03. More Story
Related Stories

MORE / RELATED NEWS

MORE / PHOTO IMAGES




1. Feature Story / Google's big three's income, comes mostly from the sales of Google stock.
• • Last year, the trio of billionaires who co-founded and operate the Google organization, collected less than $600,000 in combined on the job compensation for their efforts in sustaining Google's number one headliner status on the Web, as well as on Wall Street.
• • The Associated Press reported the total amount that Google paid its chief executive, Eric Schmidt, and co-founders Larry Page and Sergey Brin and Eric Schmidt during 2006 would have been less than $5,200 if not for personal security and transportation costs, according to documents filed Wednesday with the Securities and Exchange Commission.
.
Part 02 / As of March 1, Page, 34, owned 29.2 million Google shares currently worth $13.7 billion, and Brin, 33, held 28.6 million shares worth about $13.4 billion. Schmidt, 51, owns 10.7 million shares worth $5 billion.
• • The three men have been converting some of their holdings into cash by regularly selling some of their stock since the company went public in August 2004.
• • Last year, Brin, Page and Schmidt made more than $2 billion combined from their Google stock sales, according to data compiled from SEC filings by Thomson Financial. Brin sold 1.99 million shares for a total windfall of $788 million last year, and Page pocketed $666 million by selling 1.72 million shares. Schmidt cashed out 1.39 million shares during 2006 for a total of $580 million.
• • Since its initial public offering, Google's shares have surged more than fivefold, and that has created more than $120 billion in shareholder wealth. The shares fell $1.58 to $471.02 on Wednesday.
• • The rapid run-up in Google's stock has been driven by its search engine, which has become synonymous with looking things up on the Internet. The search engine also propels a lucrative online advertising network that enabled Google to turn a 2006 profit of $3.1 billion, more than doubling its earnings from the previous year.
• • The robust growth has enabled Google to add more than 8,000 workers during the last three years. At the end of 2006, Google had 10,674 employees -- all of whom were eligible for the same holiday bonus paid to Schmidt, Page and Brin.
• • Google's brain trust has already agreed to settle for a $1 salary again this year, rejecting an opportunity for a raise, according to the SEC filing

Part 03 / Schmidt's package totaled $557,466, including $532,755 for personal security. Page's pay totaled $38,519, with most of the money covering personal transportation, logistics and security. Brin's 2006 pay consisted of a $1 salary and a $1,723 bonus. Google paid the same salary and holiday bonus to Schmidt and Page.
• • The Associated Press based the pay totals on salary, bonus, incentives, perks, above-market returns on deferred compensation and the estimated value of stock options and awards granted during the year.
• • Schmidt, Page and Brin have declined to take anything more than a token paycheck for the last three years to promote the egalitarian spirit championed by the Mountain View, Calif.-based company.
• • It's a sacrifice that the three executives can afford to make because Google's highflying stock has elevated them into the ranks of the world's richest people. Meanwhile, hundreds of Google's early employees have become millionaires.

4. Related Stories

TVI Magazine is not responsible for the content of external InterNet sites

More Articles • Converging News MAY 2007 / TeleCom BuyOuts, Spinoffs and Asset Seizure Boom

Respectfully Submitted
Josie Cory
Publisher/Editor TVI Magazine
 TVI Magazine, tviNews.net, YES90, Your Easy Search, Associated Press, Reuters, BBC, LA Times, NY Times, VRA's D-Diaries, Industry Press Releases, They Said It and SmartSearch were used in compiling and ascertaining this Yes90 news report.
 ©1956-2007. Copyright. All rights reserved by: TVI Publications, VRA TelePlay Pictures, xingtv and Big Six Media Entertainments. Tel/Fax: 323 462.1099.

We Preserve The Moment

Return ˆ To Top  


VRA TelePlay -- BUY OR DOWNLOAD DVDs


Smart Daaf Boys - Products
Troy Cory Show / DVDs VRA TelePlay

GOOGLE KudoADS



We Preserve The Moment
Yes90 tviNews S90/ Converging News MAY 2007 / TeleCom BuyOuts, Spinoffs and Asset Seizure Boom • / Feature Story / • 102GooglePageBrin&Eric.htm / Smart90, lookradio, nbs100, tvimagazine, vratv, xingtv, Ddiaries, Soulfind, nbstubblefield, congming90, chinaexpo, vralogo, Look Radio, China Expo, Soul Find, s90tv, wifi90, dv90, nbs 100, Josie Cory, Publisher, Troy Cory, ePublisher, Troy Cory-Stubblefield / Kudoads, SinTrends, Sin Trends, Photo Image665, Google Video / YouTube Movies troy cory show duration:medium:free - 4 min - Television With No Borders

Legal Notices Copyright Information
How Do We Do Business?
Tel 323 462-1099
SEND E-MAIL
Return ˆ To Top


110 / HiTech

"Follow The Money"
GoogleMoneyteam108w.jpg

ImagesCSnews/TroyCigDdiaries46w.jpgImagesCSnews/TroyCigDdiaries0246w.jpg

200704TopCDOsGary108w.jpg
/ImagesNBS100/AerialSoilToxinEcoli46w.jpg
/ImagesAdSideClicks/YouTubeSmartSide46w.jpgS90searchGoogleVideo46w.jpg

/ImagesNBS100/GrandpaNat01School300w.jpg/ImagesNBS100/GrandpaNat02ShipWiFi300w.jpg
/ImagesNBS100/NBSB02PrisAClarissa46w.jpg


NBSPatent02AutoDraw108w.jpg

ˆ
2006/Imageskudoad/linkad02logo.gif
Google KudoAds
AMAZON
RENT A MOVIE
FROM AMAZON


THIS WEEK'S
COVER

 TODAY'SPUZZLE?

BUY - DVDS
Smart Daaf Boys
Troy Cory Show
CHINA MOON
___________


Hong Kong Triad /
"Jockey Club"
Follow The Money

SmartDaaf Boys

TVI Magazine
Back Issues -Available - Rare 50 Years of TeleCom History and TimeLines

___________

HOLLYWOOD BEAT
Celebrity Scene News Events, Finance Executives Presented by TVI Magazine

___________

LookRadio
RadioPlayMusic
Video On Demand VRA TelePlay Shows and WebCast
___________

AMAZON
BUY - DVDS

Smart Daaf Boys
Troy Cory Show
CHINA MOON
___________

SoulFind
Using Soul Find RFID Chips to Rapidly IIdentify People.

___________

NBS100
Getting prepared for the 100th Year of Radio Frequencie & "Wireless Cemeteries"

___________

$peedDollars
EasyTel
Universal Office
Join the World of "WiFi , Land-lines and money transfers"

____

 Returnˆ To Top

 

 

 

 

 

 

 

ˆ    

 

 

  

 

 

 

 

120 PIXELS 3 columns

40

40+110+570=720

ˆ•••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• STRETCH••••Your••••v-Image