Nikesh Arora’s Net Worth: Palo Alto Networks CEO Nikesh Arora gets $128 million per year. Nikesh Arora, the CEO of Palo Alto Networks, is one of the highest-paid executives in the United States, earning $128 million a year. This is what he used to bring home from his previous jobs. (https://navalpost.com/) The extravagant Compensation paid to CEOs around the world is routinely reported in the media. A high-profile business executive, Nikesh Arora, has been a consistent contributor to the flurry of CEO salary news cycles.
He came in the third position for 2018 in a recent review of the highest-paid CEOs in publicly traded US corporations. Here’s a rundown of what Arora has accomplished thus far: Palo Alto Networks is the world’s largest privately held firm, with a market capitalization of $128 million. Even if the amount is staggering, it should not be taken seriously. According to reports, the package is paid out over seven years and is tied to “ambitious benchmarks.” In fact, Arora had to use his own money to purchase stock worth $20 million in the company. He had to “put his money where his mouth is,” as the cyber security firm demanded.
SoftBank’s $135 million investment
When Arora was named as the heir apparent to founder Masayoshi Son in 2015 (a title that changed within a few years), he was given this massive remuneration package. When asked about his pay, Arora described it as “sensational math.” Many people are mathematically challenged. Do I make a lot of money? If I wasn’t making a difference, I’d return it.
The sum was $46.7 million for Google
Arora was the company’s fourth-highest ranking official when he left Google to join Softbank. He was handsomely compensated because of his celebrity. In 2012, it was disclosed that Arora, as Google’s chief business officer, was paid more than any other employee.
Biography
Indian-born Nikesh Arora is the former President and Chief Operating Officer of SoftBank Corporation. On February 9th, 1968, he was born. Nikesh Arora was President and Chief Operating Officer of SoftBank Corp. from October 2014 to June 2016. He was a top executive who held various senior operating positions at Google. In 2013, Google’s highest-paid executive received a total compensation package of $57.1 million.
He earned $208 million over his two years at SoftBank, making him one of the world’s highest-paid executives. He was born in India and earned an Electrical Engineering degree at the Indian Institute of Technology (BHU) Varanasi before working for Wipro for a time. Following that, he moved to the United States to study management at Northeastern University. While earning his CFA (Chartered Financial Analyst) designation, he began his work as an analyst with Fidelity Investments. He joined Google when it was still a small company in the early 2000s. He rose through the ranks of Google’s operations department, eventually becoming Senior Vice President and Chief Business Officer.
He left Google as President and CEO in 2014 to join SoftBank. Many in the business community were stunned by his quick resignation from SoftBank in June 2016. Through the acquisition of stock, an ex-Google executive has invested $483 million in his new company, Softbank. This is how you show your belief in your company’s ability. Softbank CEO Nikesh Arora announced in a statement that he will purchase 60 billion yen ($483 million) in company stock. He refers to Softbank as his “personal gamble.” Arora was formerly the senior vice president of business development at Google. Softbank, a Japanese telecommunications and internet company, is slated to be acquired by him. Masayoshi Son, a corporate legend, currently leads Softbank.
There are a few things to consider in this Transaction
This should give you an idea of what it’s like to work at Google and how much they make. Arora joined Google as a product manager after the company went public in 2004. Because he made so much money at Google over the last 10 years, he can spend $500 million on the stock in his new firm. Here’s what Jack Dorsey spent on Twitter stock to put things in perspective: Jack Dorsey just purchased Twitter stock for $856,000. Dorsey stated, “I’m investing in Twitter’s future.” Dorsey is worth $2 billion, according to Forbes. He could have spent more than $856,0000 in order to convey a clear statement.
Due to the company’s acquisition of Arora from Google and the necessity to compensate for lost stock options, Softbank paid Arora a total of $135 million in 2014. $483 million is still a substantial sum. “This is a huge transaction for me,” Arora says, “and it means taking a tremendous risk in my life once again.” However, I am hopeful about the SoftBank Group’s future and the long-term objectives that we have set. I intend to work closely with Mr. Son to make Mr. Son’s proposal a reality.
On the other hand, the man is no stranger to large sums of money. In 2012, Arora was Google’s highest-paid executive. After all, he was the driving force behind Google’s search business growing from $2 billion to nearly $60 billion in revenue. Reuters then assessed Son’s earnings at SoftBank over his two-year tenure at $200 million, despite the fact that he sold $500 million in SoftBank shares at a loss during that time.
According to sources, Arora’s $20 million personal investment in Palo Alto Networks will be matched with restricted shares that will vest over four years. The cybersecurity firm, which has a market value of $18.93 billion and is a global leader in the field, is short on cash. The company reported outstanding fiscal third quarter 2018 earnings on Monday, with sales up 31% year over year to $567.1 million and billings up 33% to $721 million.
Nikesh Arora, the CEO of Palo Alto Networks, will earn $128 Million
Nikesh Arora, the CEO of Palo Alto Networks Inc, has made headlines for his rumored $128 million pay, making him one of America’s highest-paid executives. In 2015, SoftBank CEO Masayoshi Son suggested him as a potential successor. He was once dubbed “India’s Elvis of business” by Fortune magazine. According to some accounts, Arora’s $128 million pay as CEO of Palo Alto Networks Inc has made him one of the highest-paid executives in the United States.
However, equity plays a big part in a lot of this. According to Bloomberg, the 50-year-old is entitled to $126 million in equity awards in his capacity as CEO of the San Francisco-based cyber security firm. As a result, he will get a $1 million annual salary, a $1 million target bonus, and $40 million in restricted shares that will vest over the next seven years. According to the report, Arora’s stock options worth $66 million require a 150 percent increase in Palo Alto Networks shares. If the stock price doubles, he stands to make a lot of money.
The company is clearly the market leader in next-generation security and is performing incredibly well. “I could not be happier that we have found a leader in Nikesh who is eminently equipped to take the company on its next leg of development,” said Mark McLaughlin, to whom Arora now succeeds. McLaughlin served as CEO for over seven years and was instrumental in the company’s remarkable growth, which has seen its stock soar fivefold since its IPO in 2012. As a result, he is now vice chairman of the board.
