📊 QUICK MATH #00428 JUL 2026

Uber's CEO Made $35.6 Million Last Year. The People Driving the Cars Don't Count in That Math.

💸 $35.6M CEO pay · 360× median employee · drivers excluded

Uber CEO Dara Khosrowshahi received $35,595,826 in total compensation for fiscal year 2025, per Uber’s DEF14A filing with the SEC on March 23, 2026. That’s 360× the median Uber employee’s pay. Uber disclosed this ratio itself. SEC filing

The “median employee” doesn’t include drivers. Uber classifies drivers as independent contractors, not employees. The people who wear their own cars, buy their own gas, and generate most of Uber’s revenue — are excluded from the pay ratio by definition. Starkman

Khosrowshahi also sold 150,000 shares for ~$15 million in the six months before March 2026. Meanwhile, an Oxford study of 1.5 million Uber trips found Uber’s cut of each fare has risen sharply since the rollout of “dynamic pricing” — from a traditional ~20-25% to significantly higher. UK drivers report shrinking incomes as CEO pay grew. Quiver Quant · DM News

⚖️ GOLDEN FUMBLE

"Uber's CEO makes 360 times the median employee. The drivers — the ones actually driving the cars — aren't in that math. Because they're not employees. Because Uber says so. The pay ratio isn't hiding the inequality. The classification is."

📰 SourcesSEC DEF14A · AFL-CIO Paywatch · Quiver Quant · DM News · Starkman