Salman Khan, a billionaire, has announced that he is to repay a $3 million severance payment to the company he founded in 1999.
The payout, which was made in March 2016, was for severance, not salary, according to a letter Khan sent to employees, saying that he will be returning the money to them in two installments.
Khan said that he “cannot make this work” and that he plans to work on the matter.
The move comes after the publication of a report by the Los Angeles Times that Khan had earned $6.2 million in 2017.
The Times reported that Khan paid his employees about $2.6 million in severance pay and a total of $3,800 for benefits.
The report, however, said that the payments were not related to the companies he founded, which he sold in 2004.
Khan, who is now 76, was the founder and CEO of Khan Enterprises and its successor, Khan Infotech, in 1999, according the Times.
The company went public in 2007 and has since changed ownership to Khan Capital.
The news comes as the Trump administration is weighing a plan to make it easier for large companies to fire people at will, according an Associated Press report published Tuesday.
The administration is also considering a plan that would allow companies to terminate employees at will for any reason, including the company’s own malfeasance, and not pay the fired employee a severance package.