Naspers CEO Koos Bekker now has 16.4-million shares in the South African media company; worth over R13-billion were he to cash out at the current share value (R780.01 as of Friday 26 July 2013).<\/p>\n
Bekker does not take a salary from Naspers and is instead paid in company stock. In the last financial year, he was paid 3.9-million shares worth R3.1-billion.<\/p>\n
In the last financial year, Naspers executive director Steve Pacak earned R7.4-million and received shares valued at R132.5-million. R16-million was spent on wages for the rest of the Naspers board.<\/p>\n
Naspers’ stock value has been climbing steadily; now trading at R780\/share versus R340\/share back in 2010.<\/p>\n
The growth is attributed to its lucrative international digital endeavours – a 34% stake in China’s social media company Tencent, and 29% stake in Russian online services company Mail.ru. These two investments have generated R34.6-billion; this is contrasted with R4.3-billion from pay TV ventures (including DStv).<\/p>\n
Source: Sunday Times (28 July 2013)<\/p>\n
Quality publishers will win out in the end<\/a><\/strong><\/p>\n Another pay-TV service for South Africa?<\/a><\/strong><\/p>\n Platco Digital signs with Luxembourg satellite firm<\/a><\/strong><\/p>\n