The total compensation for founder, Chairman and Chief Executive Officer of media company Twenty-First Century Fox (ASX: FOX) Mr Rupert Murdoch for the financial year ending 30 June 2013 has been revealed. In a proxy statement lodged last Friday the company revealed on page 67 of the 117 page document that Mr Murdoch had earned a total of US$28.9 million. including changes in pension value and other items.
Assuming a seven-day working week, Mr Murdoch earned US$79,213 each and every day over the 12-month period. When broken down, 67% of the total was described as performance-based incentive compensation with the remaining 33% described as base salary.
The second highest paid employee during FY2013 at Twenty-First Century Fox was the Chief Operating Officer Mr Chase Carey who took home a total package worth US$27 million, while the third highest paid staff member was Deputy Chief Operating Officer Mr James Murdoch with a total compensation package of US$17 million.
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Motley Fool contributor Tim McArthur owns shares in Twenty-First Century Fox.