Richard D. Kinder, the Houston billionaire behind the Kinder Morgan Inc. (NYSE: KMI) empire, announced late Sunday he is combining his pipeline offshoots under one roof. KMI stock soared on the news 15% intraday to a 52-week high of $42.49.
- Kinder Morgan (NYSE: KMI) Stock Rises as It Ditches MLP Structure to Make Energy Giant
- The Highest Paid CEOs in America
It's a big number: $4.7 billion. That's how much the 10 most well-compensated CEOs in America collectively took home in 2012. All made in excess of $100 million, but those at the very top slipped into 10-figure territory. That's right, we're talking about compensation of more than $1 billion a year.