Monday, April 17, 2017

China's top social network paid a salary nearly double that of Apple's highest paid person

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Tencent, one of China's biggest internet companies, is paying out some serious salaries.

The company, which owns the country's most used messenger app, WeChat, paid an undisclosed employee some $40 million (HKD 311 million) in salary and bonus in 2016, according to a company filing [pdf] with the Hong Kong stock exchange. 

That's higher than the top salary of $35 million (HKD 274 million) it paid out to one individual in 2015.

To put the top-earning $40 million in perspective, Apple's highest paid executive, senior vice president of retail, Angela Ahrendts, made $22.9 million in 2016. Read more...

More about Salary, China, Qq, Wechat, and Tencent

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