Satoru Iwata’s Modest Salary

You would think that Nintendo president Satoru Iwata would make an obscene amount of money working for the world’s most popular game company and the #1 console manufacturer, but a report in Asahi Shimbun says otherwise. According to the paper Iwata earns a salary of ¥68 million, or $770,000 USD. Iwata also earns a salary bonus of up to ¥187 million, or $2.1 million USD. Six Nintendo board members, including Shigeru Miyamoto, make right around ¥100 million, or $1.3 million USD, according to Asahi Shimbun.

That may sound like a lot of money until you put it into perspective; Iwata makes considerably less than other executives at Japanese game companies : Square Enix CEO Yoichi Wada brings home ¥240 million ($2.7 million), Sega Sammy Holdings CEO Osamu Satomi earns ¥435 million ($4.9 million) and Namco Bandai Holdings president Kazunori Ueno earns a cool ¥137 million ($1.54 million).

Of course money isn’t everything, and it certainly isn’t the measure of a man’s talents or success; there are plenty of CEO’s and presidents that earn much more money but aren’t as successful, charismatic or talented as Iwata.

Source: GI.biz

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