Eric Schmidt on its list of the 50 most important people on the Web, along with Google co-founders Page and Brin. Schmidt is one of a few people who became billionaires (in United States dollars) based on stock options received as employees in corporations of which they were neither the founders nor relatives of the founders. In its 2011 'World's Billionaires' list, "Forbes" ranked Schmidt as the 136th-richest person in the world, with an estimated wealth of $7 billion. On 20 January 2011, Google announced that Schmidt would step down as the CEO of Google but continue as the executive chairman of
Executive compensation in the United States comparisons" for CEO pay, for example comparing their executive against execs in much larger companies (used to get CBS CEO Leslie Moonves a $70 million package in 2011), against a different year when pay was higher (used to help PerkinElmer CEO Robert Friel in 2011), against executives in different industries where pay is higher (for example health-care executives rather than agribusiness executives for Hugh Grant of Monsanto), and changing back again when pay in that other industry went down (used to help Frederick Waddell of Northern Trust). According to Bloomberg Businessweek, four of five studies "by academic researchers have found