The highest-paid CEO in 2024 was not who you think

Axon Enterprise’s Rick Smith brought home $165 million last year.

Transcript

00:00The Wall Street Journal has released its annual list of the highest paid CEOs and there's a new

00:04name at the top. The CEO who made the most money in 2024 is Axon Enterprise's Rick Smith. Smith,

00:10who co-founded Axon, which makes Taser stun guns, raked in $165 million in pay last year. He received

00:16an incredible 999% pay increase from 2023. Rounding out the top five are General Electric's Larry

00:23Kulp, Blackstone's Steven Schwartzman, Apple's Tim Cook and KKR's Joseph Bae. Every CEO in the

00:28top 10 made more than $60 million last year. Other notable names on the list include JP Morgan's

00:34Jamie Dimon at 23, Meta's Mark Zuckerberg at 63 and Elon Musk, who ranked last as he made $0 as CEO

00:41in 2024. Last year's top-earning CEO, Broadcom's Hawk Tan, fell all the way to number 407, taking home

00:48roughly $2.5 million. According to the Journal's report, roughly half of the 417 CEOs it analyzed

00:54made at least $17.1 million. That's up from $15.8 million the year before. That'll do it for

01:00your daily briefing. From New York City, I'm Kelsey Barbario with The Street.