Wealth Is an Equal Opportunity Game
Popular myth today asserts the belief that CEOs are earning outrageous amounts. But that’s a narrow view. Let’s look at the facts. It’s true that the best CEOs among us are making far more money today than they did 50 years ago. It’s a global market now, and opportunities are much larger for everyone today. In 2020, a CEO at one of the top 350 firms in the U.S. was paid on average $24.2 million, including all options that were redeemed in that year. However, the best actors, musicians, and athletes earned more — much more. In 2021 the average pay for a top 10 actor was $29 million, a 10 top musician $230 million, and a top 50 athlete $280 million! The [...]