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World's most profitable company Saudi Aramco surprisingly pays very little

It's a relatively modest life for a top executive at the Saudi oil giant

Amin Nasser, CEO, Saudi Aramco, at CERA Week petroleum summit, organised by IHS Markit in Delhi
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Aramco’s Chief Executive Officer Amin Nasser’s $5 million package in 2016 was less than a fifth of Exxon’s then-CEO Rex Tillerson’s

Anders Melin | Bloomberg
They run the world’s most profitable company, oversee one-tenth of global oil output and their decisions help shape the fate of a nation. Their paychecks, however, are a little less grandiose.

Saudi oil giant Aramco is a cash cow for the kingdom, allowing the royal family to wield power with a drip-feed of petrodollars. For executives, it’s a relatively modest life compared with some of their peers elsewhere.

Last year, top management and board members — about 17 people in total — split roughly $30 million worth of compensation and benefits. That was half of what rivals Exxon Mobil Corp and Chevron