Gates enjoys pay bonus

By John Oates, 25 September 1998 17:00

NEWS Microsoft chairman and CEO Bill Gates has been awarded a 5.4 per cent pay rise. His pay went up to $368,874 per year and he got a one-off bonus of $173,423. All this is small potatoes though compared to his 20 per cent stake in Microsoft - currently valued at about $56bn. That's $230 for every American citizen.

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