Warren Buffett's total 2020 compensation nudged up 1.5%, as security costs increased
Warren Buffett's salary for 2020 was $100,000, which was unchanged from last year and the year before, according to Berkshire Hathaway Inc.'s proxy statement filed with the Securities and Exchange Commission on Monday. But Chairman and Chief Executive Buffett's total compensation for 2020 was $380,328, or 1.5% higher than the $374,773 he received in 2019, which in turn was 3.6
Warren Buffett's compensation for 2020 was $100,000, which was unaltered from a year ago and the prior year, as per Berkshire Hathaway Inc's. intermediary explanation recorded with the Securities and Exchange Commission on Monday. Yet, Chairman and Chief Executive Buffett's all out pay for 2020 was $380,328, or 1.5% higher than the $374,773 he got in 2019, which thusly was 3.6% underneath the $388,968 he got in 2018. The expansion in remuneration in 2020 was an aftereffect of greater expenses of "individual and home security administrations" given by Berkshire. Then, Vice Chairman Charles Munger's compensation and all out remuneration both stayed at $100,000 for as long as three years. Berkshire's stock fell 1.9% in evening time exchanging. It has progressed 29.9% in the course of recent months, while the SPDR Financial Select Sector ETF has run up 49.2% and the S&P 500 has climbed 45.7%.