The New York Times is reporting that during the less than 5⃣ years that Marissa Mayer was CEO of Yahoo, she made $239 Million.
For those of you keeping track at home, that's almost $1Million every week.
During those 5 years, Yahoo's revenue shrank in half, and its sale to Verizon will close next week. This will close the books on an Internet pioneer that for a long time ruled the Internet.
READ ALSO YAHOO HAS BEEN SOLD FOR $4.83BILLION
Mayer earned so much thanks to the stock she was given that kept going up in value. However, all the growth came from the Alibaba stock that Yahoo owned, thanks to a prescient investment made by Yahoo founder and then-CEO Jerry Yang. The value of the core Yahoo business kept going down throughout her tenure.
For those of you keeping track at home, that's almost $1Million every week.
During those 5 years, Yahoo's revenue shrank in half, and its sale to Verizon will close next week. This will close the books on an Internet pioneer that for a long time ruled the Internet.
READ ALSO YAHOO HAS BEEN SOLD FOR $4.83BILLION
Mayer earned so much thanks to the stock she was given that kept going up in value. However, all the growth came from the Alibaba stock that Yahoo owned, thanks to a prescient investment made by Yahoo founder and then-CEO Jerry Yang. The value of the core Yahoo business kept going down throughout her tenure.
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