No you are incorrect. That 224k is base at google not including equity. Staff engineers at google get a bonus and the majority of their comp is in equity, just like coin.

Source, I have a lot of friends who are former/current staff engineers at a variety of Bay Area companies. I also was a staff engineer at coin.

Also if you want to earn something like this in cash go work at Netflix when they start hiring again. They give you the option to be paid in cash.