Two mystery executives reap US$200mil each at China’s Tencent

The company said in its annual report that its two highest-paid individuals were not among the directors or most senior executives. One made about HK$1.599bil (RM861.09mil), while another person made about HK$1.589bil (RM855.70mil). — Bloomberg

Tencent Holdings Ltd doled out more than US$200mil (RM844.10mil) apiece to two unidentified executives in 2021, even as it cut founder Pony Ma’s compensation for a year in which Beijing’s crackdown on the private sector walloped the Internet giant’s stock.

The company said in its annual report that its two highest-paid individuals were not among the directors or most senior executives. One made about HK$1.599bil (RM861.09mil), while another person made about HK$1.589bil (RM855.70mil) – the equivalent of US$204mil and US$203mil respectively. That would put the pair among the 20 most highly paid executives in the US, a roster led by Tesla Inc founder Elon Musk and Apple Inc chief executive officer Tim Cook.