As one of the most talked-about figures, Mary Barra has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.

What is Mary Barra's Net Worth and Salary?

Mary Barra was born as Mary Makela on Christmas Eve, 1961 in Royal Oak, Michigan. Her parents are Eva and Ray, and she is of Finnish descent. For her higher education, Barra went to the General Motors Institute (now Kettering University), graduating in 1985 with a Bachelor of Science degree in electrical engineering. She went on to attend the Stanford Graduate School of Business on a GM fellowship, and earned her Master of Business Administration degree in 1990.

Barra first worked for General Motors in 1980 as a co-op student. Her job involved checking fender panels and examining hoods. After that, Barra held an array of both engineering and administrative positions, including managing the Detroit/Hamtramck Assembly plant. In early 2008, having been at the company for many decades, Barra was named vice president of GM's global manufacturing engineering division. She was promoted to vice president of global human resources in 2009, and in 2011 became executive vice president of global product development. In 2013, Barra's role was expanded to include global purchasing and supply chain.

Mary Barra owns at least 1,127,563 units of General Motors (GM) stock​​. The total number of GM shares outstanding as of September 30, 2023, was approximately 1.378 billion​​. Based on these numbers, Mary Barra's ownership represents approximately 0.082% of GM's total outstanding shares.

In her first decade as CEO of GM, Mary earned $200 million in total compensation (salary, bonuses, benefits and equity grants). Her base salary is $2 million but in a typical year she earns $20-30 million. For example, in 2020, she received a compensation package worth $23.7 million, including a salary of $2 million, stock awards worth $13.1 million, options worth $3.75 million, and a performance award worth $3.78 million​​​. In 2021 her total compensation was $29,136,780, which included a $2.1 million salary, over $7.64 million in bonus pay, about $3.94 million in stock options, and almost $14.6 million in stock​ In 2022, she made $28,979,570 in total compensation, with a salary of $2,100,000, a bonus of $6,258,000, stock options of $4,875,010, stock awards of $14,625,000, and other types of compensation amounting to $1,121,560.

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Compensation and Stock Holdings

In early 2014, Barra succeeded Daniel Akerson as the new CEO of GM. This made her the first-ever female CEO of a "Big Three" automaker. During Barra's first year in the position, GM came under scrutiny for its numerous safety recalls and deaths attributed to faulty ignition switches. Moreover, Barra and the company were accused of having paid for awards to help deflect from the problem and boost GM's image. The recalls ultimately led to the creation of new policies to encourage employees to report any problems. Since then, Barra has been known for her efforts to move GM into driverless and electric-powered vehicles. The company made many acquisitions, including the driverless technology startup Strobe.

Mary Barra is an American businesswoman who has a net worth of $90 million. Mary Barry serves as the chair and CEO of General Motors. She succeeded Daniel Akerson in 2014 to become the first female CEO of a "Big Three" automaker. Previously, Barra served as GM's executive vice president of global product development, purchasing, and supply chain.

In summary, the total wealth of Mary Barra reflects strategic moves.

Disclaimer: All net worth figures are estimates based on public data.