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: GamePolitics.com

Satoru Iwata's Modest Salary

By james_fudge

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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. Read More

Full post as published by GamePolitics.com on June 29, 2010 (boomark / email).