Reed Hastings of Netflix to get more stock options from next year

30 . Dec . 2017
Reading Time: 1 minute

Reed Hastings, who founded Netflix, is bound to a very rich man. He’s been taking a slash in his salary for an uptick in his stock options. Next year, he will receive stock options worth $28.7 million. In 2016, he had a salary of $90,000 and he had $19.1 million in stock options. Netflix is going through a green patch when it comes to their financials. The Big N is now venturing into foreign markets like India to tap the burgeoning mobile users and viewers there. He is already in the Forbes 400 and is at the 359th spot with a fortune of 2.2 billion under his belt.