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Tuesday, June 29, 2010

Nintendo CEO Makes About $2.1 Million a Year

You'd think Satoru Iwata would be making some serious bucks for being the top guy at a company as successful as Nintendo. According to an recent shareholder meeting the president and CEO don’t bring as much bacon home as you would expect. Andriasang interpreted a story out of Japanese site Asahi regarding Nintendo's shareholder meeting. Their report puts Iwata's annual salary at just ¥78 million (about $768,000), with an additional ¥109 million (a little over $1.2 million) in performance-based bonuses, reaching a grand total of ¥187 million (roughly $2.1 million). For comparison, Sony president and CEO Howard Stringer makes a cool ¥816.5 million (more than $9 million) annually. Yoichi Wada takes home ¥240 million ($2.7 million) each year as CEO of Square Enix. Meanwhile, Apple's Steve Jobs only pulls in $1 a year from his position as chairman and CEO of the company.


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