Updated: Thu, 01 Aug 2013 03:00:00 GMT | By By India Syndicate
Dollar-a-year CEOs: In pictures

The dollar-a-year concept started in the US during World War I when people worked voluntarily for the government to help it tide over that crisis. This trend percolated to corporate culture with corner room biggies settling for $1 annual salary (Re 1 in Indian context)

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Lawrence Joseph ‘Larry’ Ellison – Oracle Corporation: An American business magnate, Larry is the co-founder and chief executive of Oracle Corporation. He is the sixth-wealthiest man in the world with an estimated wealth of $34 billion.

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