Viacom’s CEO Sees Pay Drop by Almost 50 Percent, Could Still Buy Your Life

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By Chris O'Shea Comments

In 2010, Viacom’s Philippe Dauman was the highest paid CEO in the country, pulling in a cool $84 million. However, things changed drastically last year. According to company security filings, Dauman saw his pay almost halved, as he earned $43 million.

According to the Washington Post, the drop in pay can be attributed to lower stock options which were valued at six million, down 79 percent from 2010.

We imagine that getting your pay cut in half hurts a lot less when your salary can still afford you the finer things in life, like luxury cars, diamond-encrusted Toms and a small country or two.