The most recent business phenomenon is Bernard Looney, a CEO who gained notoriety for his success.
He currently serves as CEO of the 100-year-old oil and gas business BP plc. One of the seven “supermajors” in the oil and gas industry, BP controls a significant percentage of the global fuel market.
Social media platforms got into a frenzy in August 2022 after knowing the BP CEO’s annual compensation.
Even though Looney is at work, there are numerous conversations about his pay on Twitter right now.
Jacqueline Hurst, Bernard Looney’s ex-wife, and the couple are no longer close.
The well-known CEO’s prior spouse was Jacqueline Hurst, who she had married before. As a result of their divorce, the two are no longer close and have a contentious relationship.
One of London’s finest life trainers is Ms. Hurst. She was recognized as the No. 1 Best Selling International Author from the United Kingdom for her book “How To Do You.”
Looney sent Hurst a Whatsapp text after their two-year marriage, which finally ended in divorce.
Ms. Hurst acknowledged that she was understandably heartbroken when her marriage abruptly ended in “How To Do You: The Life-Changing Art of Mastering Your Thoughts and Taking Control of Your Life,” her self-published book.
She asserts that Looney married her so he could advance in his position at BP. Hurst is now focused on her life and work after moving on.
Despite having been married twice, the former Mrs. Looney is transparent about her life on her Instagram account and the website for her company.
Bernard Looney, the CEO of BP, is extremely wealthy.
The fact that Looney is thought of as a “business person” and a “cash machine” makes the fact that his estimated net worth is substantial absolutely essential.
Looney’s net worth is also incredibly amazing considering that BP plc, according to Forbes, has a phenomenal $158 billion in revenue, $287.3 billion in assets, and an average profit of $7.6 billion yearly.
The company’s 50-year-old CEO got his start in business when he was 20 years old. He worked there for three decades, steadily climbing the corporate ladder to become CEO of BP.
Because he is a “workaholic,” Looney’s net worth is certainly in the billions, yet he has chosen not to publicly disclose his earned wealth.
What Will Bernard Looney’s Salary Be in 2022?
According to recent reports from the Daily Mail UK, the BP CEO paid him a salary of £4.5 million in 2017.
The business also generated £6.9 billion in earnings, which enabled it to give its CEO opulent remuneration, shocking the business community. The year before last saw the biggest advances in fourteen years.
Bernard Looney first worked on his family’s farm before starting in 1991 as a drilling engineer for the company. He was named CEO of BP in 2020 specifically so that he could receive such a big salary from the business.
By the end of 2022, his earnings are predicted to total £11.7 million.
Because of the general public’s and their households’ present struggles with inflation and cost of living issues, the public finds the disclosure of his pay to be especially amusing.