Jagdeep Singh: The highest-paid CEO in the world, 10 times more than Sundar Pichai

Jagdeep Singh is the highest-paid person in the world. His daily income was Rs 48 crore. The company that hired him ...Read more

There is a lot of talk about Indian-origin entrepreneur Jagdeep Singh these days. His name and face are going viral. That is because Jagdeep Singh became the highest-paid employee in the world. Yes. His salary was more than any CEO in the world. So much that if we calculate his one-day earnings, the figure comes to Rs 48 crore. Rs 17,500 crore on an annual basis. People are also curious to know what work Jagdeep Singh did that he got such a huge package.

This story is not of a single person but of an Indian talent which has now gained global recognition. Jagdeep Singh has done such work that his name is now recorded as the world's highest-paid CEO. His journey is an example of taking the technology of electric vehicle batteries to new heights.

Founder of QuantumScape, big groups invested money.

Jagdeep Singh founded a company named QuantumScape in 2010. This company works on new-generation solid-state batteries. These batteries increase the energy efficiency of electric vehicles and reduce the charging time. This work is like a revolution in the world of EVs. Jagdeep Singh's visionary thinking and leadership brought fame to the company, in which industry giants like Volkswagen and Bill Gates trusted him and also invested money.

Prior to QuantumScape, Jagdeep Singh held key roles in various companies for over 10 years. This gave him an opportunity to deeply understand emerging technologies. His education was also excellent. He completed his B.Tech from Stanford University and MBA from the University of California and proved his mettle.

Jagdeep Singh's salary package was extraordinary. It included stock options worth Rs 19,000 crore (about $2.3 billion). This package was given in view of his personal achievements and his contribution to the growth of QuantumScape. On February 16, 2024, Singh resigned as CEO of QuantumScape and handed over the reins of the company to Siva Sivaram.

Even after his resignation, he continued his journey and is now the CEO of a “stealth startup”. His social media account (@startupjag) shows that he is working on new technology, which can lead to more miracles in the future.

Sundar Pichai, CEO of Google's parent company Alphabet, is also counted in the list of highest-paid CEOs. He joined Google in 2004. According to the data of April 2023, his annual salary is Rs 1663 crore. Apart from salary, he also gets many allowances. Including all these, he gets about Rs 1854 crore. On a daily basis, it amounts to Rs 5 crore.

PC:News18