Founder of Viacom’s Compensation Increases to $41 Million

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By Chris O'Shea Comment

This is Sumner Redstone. He could be smiling for any number of reasons. He could be smiling because his birthday is tomorrow (he turns 88) and he’s looking forward to an ice cream cake from Dairy Queen.

Or he could be smiling because Viacom – the company he founded – increased its dividend by 67 percent, which means he’s going to be raking in about $41 million per year.

FishbowlNY is leaning toward the latter, but DQ cakes are amazing, so we’re still not sure what to think.

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