Oracle's Ellison grabs top spot on best-paid list (AP)

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, a longtime fixture on the list of the world's richest people , is now ensconced atop The Associated Press' rankings of the top-paid chief executives in the United States.

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Never shy about flaunting his estimated $25 billion fortune, Ellison established himself as the best-paid CEO among major U.S. companies by persuading Oracle to award him a fiscal 2008 pay package valued at $84.6 million under the AP's calculations. The total compensation, disclosed late Wednesday in a Securities and Exchange Commission filing , catapulted Ellison to the top of the AP's annual analysis of CEO pay.

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This page contains a single entry by Nishikant published on August 22, 2008 3:03 AM.

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