A 39-year-old CEO who was Harvard Law’s youngest-ever grad earned over $100 mill...
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A 39-year-old CEO who was Harvard Law’s youngest-ever grad earned over $100 million in pay last year—more than Apple’s Tim Cook
Not many CEOs can boast of getting paid more than Apple CEO Tim Cook, who received $99 million in total compensation last year.
Just nine executives can boast a compensation package that crosses the $100 million threshold, according to the Wall Street Journal,citing data from analytics company C-Suite Comp. Some are big names, like Blackstone CEO Stephen Schwarzman (paid $253 million), Alphabet CEO Sundar Pichai (paid $216 million), and Hertz CEO Stephen Scherr (paid $182 million).
But one name stands out: Kiwi Camara, the 39-year-old founder and CEO of CS Disco, an Austin-based legal technology firm. Camara earned almost $110 million last year, combining $500,000 in salary with $109 million in stock options, in exchange for running the firm, valued at just over $500 million. (By comparison, Apple closed at a $3 trillion market capitalization on Friday.)
The Wall Street Journal notes that Camara’s stock options vest only if the company’s average share price hits specific targets by 2032, or if the company is acquired, or if he leaves his position.
Still, the total compensation package is a sizable pay jump for the founder, who earned just $1 million in 2021, according to the Wall Street Journal.
Who is Kiwi Camara?
Camara’s path to being one of the few CEOs to be paid more than Tim Cook is a winding one.
Born in the Philippines and moved to the U.S. as an infant, Camara was the youngest-ever graduate from Harvard Law School, earning his Juris Doctor at age 19 in 2004.
Yet his time at Harvard Law was marked by controversy. In 2002, the then-16-year-old law student uploaded his class notes online, revealing that he had used a racial slur to refer to legal covenants barring Black people from purchasing land. The use of the phrase spurred an outcry among his fellow students and resurfaced in the years since. He apologized for using the term but claimed in a 2009 interview with ABC News that the incident stopped him from getting a high-profile job at a law school.
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