Despite his astronomical compensation, Singh’s earnings stand out as an exception rather than the norm in CEO pay. His package appears to have been tied to specific performance goals and stock options,

Jagdeep Singh, CEO of Quantumscape, is the highest-paid employee in the world with an annual income of Rs 17,500 crore. Quantumscape, under his leadership, focuses on developing advanced solid-state batteries for electric vehicles.

An Indian-origin tech boss is the highest-paid employee in the world with an annual income of Rs 17,500 crore. Jagdeep Singh, founder of QuantumScape, a leading electric vehicle (EV) battery company, earns Rs 48 crore every day -- an amount greater than the annual revenue of many prominent companies -- a Times of India report said.

Jagdeep Singh, the founder and former CEO of QuantumScape, has made headlines globally by becoming the highest-paid employee in the world. Singh earned an extraordinary annual salary of Rs 17,500 crore. Indian talent on the global stage. pic.twitter.com/WMvMo0FRlc — R Subrahmanyam (@RSubrahmanyam8) January 4, 2025

Alas, my indulgent daydream was short-lived. QuantumScape swiftly poured cold water on the viral reports, clarifying that Singh had waived his salary and that the legendary Rs 48 crore-per-day figure was a myth. The extraordinary stock options? Terminated. As they say, easy come, easy go.

Jagdeep Singh, an Indian-origin entrepreneur, has achieved a remarkable milestone as the world’s highest-paid CEO. With a daily income of Rs 48 crore, Singh has redefined global executive earnings, setting a new benchmark in corporate leadership.

India houses 185 billionaires, while many of the richest CEOs in the world are of Indian origin. One such Indian CEO has claimed the highest-paid person in the world title, earning a whopping Rs 48 crore per day. Hint: It's not Google's Sundar Pichai or Microsoft's Satya Nadella ...

Jagdeep Singh's remarkable success is evident not only in the technological strides of QuantumScape but also in his extraordinary earnings. With an annual income of Rs 17,500 crore, he is recognized as the highest-paid employee globally.

Whenever there is talk about CEOs of Indian origin, their salaries are often a part of the conversation. Many employees, including those of Indian origin working in large global companies, earn hefty salaries.