Royal Caribbean Chairman Richard Fain remains the highest paid executive in the cruise industry. Mr. Fain is the highest paid cruise executive for the second year in a row. Mr. Fain was paid $13,343,413 last year (2017), an increase of nearly three million dollars, from $10,405,684 in 2016. Royal Caribbean enjoyed a record earnings year in 2017. The Miami-based cruise line just reported strong first quarterly returns for 2018 – net income of $218,700.000 (million), revenues of $2,027,000,000 (billion) and passenger ticket revenues of $1,425,000,000 (billion). Financial records also reveal that Mr. Fain sold 20,000 shares of RCL stock two weeks ago. In a transaction dated Friday, April 13th, he sold 17,500 shares of stock at an average price of $114.84, and 2,500 shares at an average price of $115.40 for a total transaction of nearly $2,300,000.00. Following the sale, SEC records reflect that the chief executive officer now own 882,537 shares of the…
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