One of the Nation's Top-Paid CEOs Leads an Unprofitable, Largely Unknown Company

Robert Iger, Marissa Mayer, Leslie Moonves -- all are distinguished leaders with multimillion-dollar salaries to boot. But documents recently filed with the U.S. Securities and Exchange Commission reveal that one of the highest-paid chief executives in the nation leads a little-known company that has never even turned a profit.

That CEO, Charif Souki, heads up Cheniere Energy, a Houston-based company aiming to be the first to capitalize on the fracking boom by liquefying and exporting shale gases, reports Al Jazeera .

At the helm of this effort, Souki took home $142 million in 2013 -- dwarfing the executive pay grades of far larger energy companies, including Exxon’s Rex Tillerson ($28 million) and Chevron’s John Watson ($24 million.)

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As the majority of Souki’s pay is the result of stock options, the towering figure illuminates just how enticed Wall Street is with the idea that the United States could one day become a major exporter of natural gases to the developing world, Al Jazeera reports.

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FOR SUBSCRIBERSCBP leaders cut out of Trump ad buy decision

FOR SUBSCRIBERSAmerican passenger drafted goodbye texts to her family as Flydubai plane plummeted

FOR SUBSCRIBERSCornell rape allegation pushes embattled New York prosecutor into national spotlight

FOR SUBSCRIBERSAbdul El-Sayed tries to woo MAHA voters as Democrats seek inroads with RFK’s supporters

FOR SUBSCRIBERSKratom-like substances are popping up in a typically benign supplement

FOR SUBSCRIBERSGOP super PAC increases its spending for Sen. Jon Husted in tough Ohio race

FOR SUBSCRIBERSRecords reveal tumultuous marriage between slain New York Times executive and wife

FOR SUBSCRIBERSFrom clean energy warrior to ‘wall of shame,’ James Talarico reverses on a fossil fuel money pledge

FOR SUBSCRIBERSCongressional staff planned official trip with luxury stops in Italy and France weeks before election

FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane

FOR SUBSCRIBERSOpenAI CEO Sam Altman to skip congressional hearing on rogue AI agents

FOR SUBSCRIBERSKey DOJ lawyers departed Trump ‘grand conspiracy’ probe amid pressure to produce, source says

FOR SUBSCRIBERSTrump’s new AI chatbot often links to a site launched under Clinton 26 years ago

FOR SUBSCRIBERSAt MAHA summit, industry CEOs the movement once vilified take the stage

FOR SUBSCRIBERSThis Paralympian has two goals: Win medals and give away $500,000 to her teammates

Cheniere’s stock price more than doubled in 2013, according to The Wall Street Journal , and today boasts a stock-market value of $12.48 billion -- all despite having lost money every year since its founding in 1996.

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