QuantumScape CEO Jagdeep Singh has set a new global record for executive compensation, earning an unprecedented $2.1 billion (Rs 17,500 crore) annually – equivalent to $5.8 million per day Becomes World’s Highest-Paid Executive.

Singh, who leads the revolutionary electric vehicle battery technology company, has surpassed traditional Wall Street executives to claim the title of the world’s highest-paid employee. His compensation package reflects the growing trend of technology innovators commanding premium salaries over conventional corporate leaders.

“This historic compensation package represents a significant shift in how revolutionary technology leaders are valued in today’s market,” reported Jason Chen, senior technology analyst at Bloomberg.

The India-born executive’s record-breaking salary also highlights the rising influence of Indian leadership in global technology firms, particularly in Silicon Valley’s cutting-edge sectors.

QuantumScape, under Singh’s leadership, continues to make significant strides in developing next-generation battery technology for electric vehicles, attracting major investments from automotive giants including Volkswagen.