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Netflix CEO Reed Hastings made $302 million in 2018

Reed Hastings standing on a stage with the Netflix logo on a screen in the background.
Netflix CEO Reed Hastings. Photo: Gabriel Aponte/Getty Images

Reed Hastings, the co-founder and CEO of Netflix, took home almost $302 million in 2018 after accounting for the actual value of stock he cashed out throughout the year, according to the company's latest proxy statement.

The big picture: Netflix has morphed into a streaming giant that is producing more of its own shows — hiking its prices as subscribers grow — and Hastings is reaping huge rewards. Hastings made $179 million in 2017, making him the highest-paid CEO of all S&P 500 companies.

Go deeper: How Netflix burns $10 million a day