Meet World’s Highest-Paid Employee: This Indian CEO Earns Rs 48 Crore Per Day—It’s Not Sundar Pichai

Jagdeep Singh, founder and former CEO of Quantumscape, is the highest-paid employee globally. Earning an annual salary of Rs 17,500 crore, his daily income is Rs 48 crore. His success highlights the exponential growth of the EV industry worldwide.

Jagdeep Singh holds a Bachelor's degree in Computer Science from the University of Maryland. He furthered his studies with a Master's degree in Computer Science from Stanford University and an MBA from the Haas School of Business, UC Berkeley, cementing his strong educational foundation.

Before founding Quantumscape in 2010, Jagdeep Singh worked with companies like Sun Microsystems and Ciena. He gained invaluable experience that laid the groundwork for his entrepreneurial journey, leading him to start several successful ventures, including AirSoft and Infinera.

Singh’s pivotal career moment came when he saw the potential for advancements in battery technology, which led to the creation of Quantumscape. The company is now a key player in the future of the EV industry, contributing to global electric vehicle innovation.

Quantumscape has gained significant support from major investors, including Volkswagen and Bill Gates, former CEO of Microsoft. This backing has played a critical role in driving the company's success and pushing the boundaries of battery technology.

In 2024, Jagdeep Singh stepped down as CEO of Quantumscape, handing the reins to Siva Sivaram. Despite this, Singh continues to lead innovation, now focusing on his new role as the CEO of a ‘Stealth Startup’ that promises to disrupt new industries.

Jagdeep Singh’s compensation package at Quantumscape was approved based on ambitious performance targets. It was a multi-billion-dollar deal, reflecting his exceptional leadership and the tremendous value he brought to the company. His remarkable pay is linked to the company's success and his visionary impact on the EV sector.