Prologis, Inc. CEO Hamid Moghadam Salary & Net Worth

Who Is Hamid Moghadam?

Hamid Moghadam is the man responsible for overseeing the REIT called Prologis. This can be seen by his two positions of Chairman and CEO, which say much about his power over the multi-billion-dollar company. In fact, it is interesting to note that Moghadam played an important role in the creation of Prologis in 2011, which happened through the merger of AMB and ProLogis. Something that he presumably benefited a great deal from.

What Is Hamid Moghadam's Salary?

It is very common for CEOs to be compensated using equity for the most part. After all, companies need to make sure that their interests are aligned with the CEOs' interests, so giving the latter equity-based compensation is useful for that purpose. In Moghadam's case, he received a huge sum of $34,432,677 in 2020. However, just $1 of that came from his base salary. Meanwhile, his bonus was $1,500,000 while his non-cash, non-equity-based forms of compensation was $80,935. As such, the overwhelming majority of Moghadam's compensation in 2020 consisted of $32,851,741 in stocks.

On a related note, his compensation in 2019 was much the same. Moghadam received $1 in base salary, $1,800,000 in bonus, and $83,515 in non-cash, non-equity-based forms of compensation. As such, $28,499,922 of his $30,383,438 compensation in that year came from his stock awards. Having said that, this does seem to have been a slight change from Moghadam's compensation in 2018. This is because in that year, he actually received $1,000,000 in base salary, which combined with $1,800,000 in bonus, $25,313,854 in stock awards, and $87,546 in other forms of compensation for a total of $28,201,400.

What Is Hamid Moghadam's Net Worth?

It isn't clear what Moghadam's net worth is. This is normal because most people have no reason to reveal that kind of financial information to the public. Moreover, most businesspeople don't interest the public that much, meaning that there aren't a lot of organizations willing to put in the effort needed to come up with decent estimates. At best, there is an estimate that Moghadam has a net worth that is at least in the tens of millions, which is based on his ownership of Prologis stocks. This is a very incomplete figure to say the least, meaning that people shouldn't draw too many assumptions from it.

What Do We Know about Hamid Moghadam's Net Worth?

Moghadam was born and raised in Tehran as the son of an Iranian businessman. Originally, he studied engineering. However, he had a change of plans because his family business was nationalized. Since then, Moghadam has never been back to Iran. Regardless, he is married to his wife Christina, with whom he has a son. The couple has been known to support Stanford University, as shown by the establishment of the Moghadam Family Professorship at the Stanford Graduate School of Business as well as the establishment of the Stanford Hamid and Christina Moghadam Program in Iranian Studies.