Illumina, Inc. CEO Francis deSouza Salary & Net Worth

Who Is Francis deSouza?

Francis deSouza is the current CEO of Illumina. For those who are curious, said company specializes in DNA sequencing systems as well as other biotech products and services. It is interesting to note that deSouza has been working in the tech industry for decades, which has presumably helped him out a great deal when it comes to building up wealth.

What Is Francis deSouza's Salary?

In 2020, deSouza received a total of $11,733,593 in compensation. From that, $1,720,385 consisted of cash-based compensation, which was split into $1,090,385 in base salary and $630,000 in bonus and other non-equity-based compensation. Most of the rest came from the stocks that were handed out to him, which were valued at $10,000,153. The remainder of $13,055 came from other forms of compensation. Curiously, deSouza's compensation in 2020 was much the same as his compensation in 2018 but very much not the same as his compensation in 2019. In 2018, he received a total of $11,067,566 in compensation. More of that number came from cash-based compensation rather than equity-based compensation, but on the whole, the total was very similar. In contrast, deSouza received compensation of $1,521,949 in 2019. Something that can be explained by the fact that he didn't receive any stocks in that year for some reason.

What Is Francis deSouza's Net Worth?

Generally speaking, there is little information that can be found about a business executive's net worth. There is some public interest in their personal matters, but there is nowhere near the same level of public interest that there is for, say, entertainers. As such, organizations don't put much effort into estimating their net worth based on the scraps of information that can be found out there. Instead, interested individuals will have to make do with one source's claim that deSouza has a net worth of at least $69 million, which seems to be based on the Illumina stocks that he owns, the Illumina stocks that he has sold, and the compensation that he received in a single, not particularly representative year. Suffice to say that this estimate has serious, self-admitted issues, meaning that interested individuals shouldn't use it for anything other than getting a very general sense of deSouza's net worth.

What Do We Know About Francis deSouza's Personal Life?

Background-wise, deSouza was born in Addis Ababa, the capital of Ethiopia. His mother Elpinki has both Ethiopian and Greek heritage, while his father Domingo is Indian. Having said that, deSouza didn't live in Ethiopia for very long because his family moved to Dubai in the United Arab Emirates when he was still at the age of five. There, he remained until he was admitted to MIT in the United States at the age of 16, which was quite a change of living environment for him. For example, deSouza wasn't sure how the local banking system worked. Similarly, he wasn't very familiar with income taxes because Dubai doesn't have income taxes. Since then, some of deSouza's four siblings have headed over to the United States as well. Less information is known about his other relationships. Apparently deSouza was married at one point in time, which resulted in two kids from the relationship. However, apparently he is now divorced.