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Tuesday, March 17, 2009

Buffett's '08 salary: $100,000; compensation: $175,000

The world's second-richest man, Warren Buffett, wasn't even the highest paid employee at his company last year. That distinction belonged once again to Berkshire Hathaway's chief financial officer Marc Hamburg. Buffett, CEO of the company, received a total of $175,000 in compensation in 2008, the same amount he received a year earlier, according to regulatory filing made Friday.

His base salary remained at $100,000, the same level it's been for more than 25 years. He picked up an additional $75,000 for director's fees from some outside companies in which Berkshire has significant investments. That pay did not change from 2007 either. More here.

Posted by The Edge at 5:11 AM

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