Despite Apple announcing its first annual decline in revenue, CEO Tim Cook raked in US$145 million ($198m) last year.
Bloomberg's top 25 S&P 500 CEOs released today revealed Cook's 2016 take-home pay came mainly from vested stock of 1.26 million shares, valued at US$136m. Those shares were awarded after he became Apple's CEO in 2011, Bloomberg reported.
Cook had a reported salary of US$8.75m - and his net worth stands at US$785m.
Bloomberg reported Netflix CEO Reed Hasting was the next top earner, taking home US$106m mainly from exercised options that were granted as early as 2006.
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Netflix shares have surged more than 3000 per cent in the last 10 years, according to Bloomberg. Annual revenue in 2016 was US$8.83b with a profit of US$186.7m. The entertainment streaming service recently announced a customer base of close to 100 million.
Oracle's Safra Catz was fourth on the list and the highest female CEO on the list with US$93m.
Media bosses also took home big figures. CBS Corp's Leslie Moonves collected more than US$54m and Walt Disney's Bob Iger picked up over US$48m.
Take-home pay for the top 25 S&P 500 CEOs totalled about US$1.65b.
CEOs in the technology, healthcare and media industries dominated the Bloomberg list.