Names of some Virtual CEOs who make $1million annually

CEO or chief executive officer is the leader of an organization who is the supreme commander of the whole business. A CEO is in-charge of the operations as well as the management. With the advent of the internet, a new breed of CEOs has emerged who prefer to be called the Virtual CEOs. An amazing fact about this variety of CEOs is that they are a mix of young and the old. In fact the young ones are as young as a bunch of 20 something year olds and the old ones 60 or more. This variation has helped the virtual world to flourish in a unique way and develop on its own. Today its advanced strategies have almost made it compulsory for all kinds of business houses be it small or large to have an online presence to market their products and services. Here are the names of some Virtual CEOs who make $1million annually and continue to excel in their fields.

Virtual is a word that defines their work in a positive way. One such name is that of Steven Paul "Steve" Jobs. If Newton changed the motion of the world with one apple, then Mr. Jobs made the word Apple famous more than the book Genesis. These are people who encouraged coining the word Virtual CEO. In 1984 he presented the Macintosh to the world. This Reed College dropout has been able to make it to the list of millionaire Virtual CEOs because all another reason that of an estimated wealth of $5.1 billion!

Like any successful man he also had his share of disturbances in his life. Be it a paternity suit, loss of position due to a power struggle or ailing health as he was diagnosed with pancreatic cancer in 2004. Nevertheless this courageous man did not take anything lying down. He fought and every time came back with more energy. He is surely an icon to look forward to.

The next in line is the co-founder of Google Lawrence "Larry" Page. This 38 year old is a model to many youngsters. He has given us the search engine that knows it all. These days, companies and individuals would anything to get the top ranking of this engine. His riches calculate approximately to US$19.8 billion. As of 2011 he is the 11th richest man in the U.S.

Much like Bill Gates he has an inclination for philanthropic work. Google has an association with Tesla Roadster which is wing of Tesla Motors that looks into hybrid electric car production.

Tim Armstrong is the CEO as well as Chairman of AOL, Inc. This alumnus of Connecticut College has double majors under his belt - one is in Sociology and the other in Economics. This young Virtual CEO has made quite a few changes in the organization in his own ways.

His remuneration from AOL is $1.4 million per annum as of 2011. He has a guesstimate capital of $800 million. This 45 year old started his career as a publisher of a newspaper and shifted to IT only to achieve success.

Mark Elliot Zuckerberg is probably the youngest Virtual CEO on this list. This 1984 born young Turk is truly a representative of Generation Y. He is the CEO, President and co-founder of the social networking site called Facebook. This Harvard College dropout’s exploits count up to $13.5 billion since 2011.

He also has a knack for community service and has donated some hefty amount to Diaspora which is an open source server. Then he has contributed to schools and together with the likes of Warren Buffett and Bill Gates has formed a project called “Giving Pledge.” These three have made a promise to donate half of their funds for charity whenever they can.

The name of American entrepreneur Bob (Robert) Parsons has to be pointed out while discussing about Virtual CEOs. He has an accounting degree from University of Baltimore. This 60 year old is the CEO, owner and founder of The Go Daddy Group, Inc. He is a living star for those who think 60 is the correct age to retire. This man makes has built an empire worth $4.8 million approximately.

Let us shift our focus a little to women power. Talking about women ruling the virtual world as CEOs the name of Carol Ann Bartz is the first to occur. She is the current CEO of Yahoo! Inc. and so far the one and only woman to have found a place on this list. A graduate from University of Wisconsin–Madison had worked as a cocktail waitress at one point of time.

Today she is the proud CEO of one of the most famous search engines named Yahoo. This 62 year old has courted many disparities in her life. She has put up a fight against breast and handled blogger Michael Arrington in a dignified way. She gets a handsome of $19 million from Yahoo and gets a bonus up to $4 million.

Steven Anthony "Steve" Ballmer is a name that definitely cannot escape this discussion. He is the reigning CEO of Microsoft today and is one of the billionaires of the world. Need we say more about him? An alumnus of Harvard University was the 30th employee of the company. Not to mention the cut throat competition that ruled in the firm between him and Bill Gates. Nonetheless he is supposed to be making $1,276,627 from Microsoft itself!

Today his predictable assets stand at $14.5 billion. He is a self made man as he is famous as himself and not as a relative or a founder of any organization. This pirate of the Silicon Valley is a hero for many.

No discussion can be complete without talking about the man who started it all. William Henry “Bill” Gates III is a man who revolutionized the world of computers with his Microsoft. He is recognized as the whiz kid, who dropped out of Harvard University in 1975. What started as Altair BASIC resulted into Microsoft and the man has been working continuously ever since then. This is why his name has appeared several times in the list of the wealthiest people of the world.

This CEO of Microsoft stepped down in the year 2000 and worked in a self created new position as that of a chief software architect. In 2006 he decided to work as a part time employee at Microsoft as he wanted to devote his time to Bill & Melinda Gates Foundation. This organization is keenly interested in serving the community to help it become better. It was on 27th June 2008 that saw the last of Bill Gates as a full time employee.

Besides computers and community service he has also written and co-authored many books. Many still believe that the controversies regarding Mr. Gates’ business practices have made him take this decision who still happens to be a major stake holder of Microsoft. Apart from all that he still remains to be an inspiration for many.

In conclusion it has to be mentioned that the more you know about these people, the more you will be in awe of them. These are people who are and will be motivation for generations to come. What we can learn from them is their sheer determination, patience and resilience to fight back every time they failed. The above mentioned list contains the names of such Virtual CEOs who make $1million annually and keep contributing with a mark of distinction.