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50p salary for Google chiefs

INTERNET search giant Google paid its three executives salaries of just $1 (50p) last year, according to its latest accounts.

But chief executive Eric Schmidt and co-founders Larry Page and Sergey Brin have seen the value of their shares grow five-fold since flotation and are now worth just under 16 billion.

However, the accounts show Mr Schmidt's "other compensation", was 281,331 while Mr Page's hit 18,626.


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Friday 17 February 2012

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