World’s most profitable company pays surprisingly little

Chief Executive Officer Amin Nasser collected no more than a $5 million package in 2016 as the company began preparing its protracted initial public offering, people familiar with the matter said. That was less than a fifth of what Exxon’s then-CEO Rex Tillerson received at the time.

NEW YORK: 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.