No Salary, No Bonus — Only Ownership Upside

“‘So I said, all right, I’ll come, but I don’t want a salary or a bonus or a car or a medical scheme or anything like that,’ Bekker told an interviewer later in life.8 The job on offer was Vosloo’s, as CEO of Naspers. The starting date was 1 October 1997.”

“‘I don’t want a fixed package, and you can fire me on 24 hours’ notice,’ Bekker told Vosloo. But he added: ‘I want 3 per cent of the long-term value created above inflation.’11”