Google founders: $1 salaries, $13B in stock from CNN Money reports Google’s founders Larry Page and Sergey Brin, along with CEO Eric Schmidt, renewed their contracts again at a $1 per year salary, in 2007. You would think that with the falling stock price, the founders might want some extra cash? But the $8.5 billion drop in the value of the stock they each own did not change their minds on the salary. Don’t worry, their stock holdings combined are currently valued at about $13 billion.

In related stock news, Google To Holders: Vote No On Anti-Censorship Proposal from Barron’s Online reports Google asked their stockholders to vote down a policy to prevent censorship of the Internet.

Click to continue reading…