Buffett’s Salary Unchanged After 25 Years

March 18, 2013

Warren Buffett’s total compensation declined 14 percent last year to $423,923 as Berkshire Hathaway spent less on his security, but his salary remained unchanged at $100,000.

Buffett’s salary for leading Berkshire as chairman and chief executive hasn’t changed in more than 25 years. The $323,923 for security was the only other element of Buffett’s 2012 compensation because the billionaire forgoes typical executive perks.

Buffett again paid Berkshire $50,000 to reimburse the Omaha-based company for any personal costs.

The proxy statement Berkshire mailed to shareholders this week also showed that Chief Financial Officer Marc Hamburg is paid significantly more than Buffett. Hamburg’s compensation grew 6 percent to just over $1 million from 2011′s $974,750.

 

 

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Latest Comments

  • March 26, 2013 at 6:06 pm
    Agent says:
    The problem with Uncle Warren is that he has gotten into bed with the bad actors who want to spend this country into oblivion and control every aspect of our lives. That is n... read more
  • March 26, 2013 at 6:03 pm
    Agent says:
    All for the flat or fair tax. The problem is that the Special Interest lobbyists do not want it because they like their loopholes. How else can GE avoid paying any tax at al... read more
  • March 26, 2013 at 4:31 pm
    unbiased says:
    Buffet is a proven success. Not dad's $$. He also understands that without the fed gov't he would not be as safe with his $$ or would have made his money. Who protects interna... read more
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