3 ms·
Minimum wage for a year is approximately $10k. Ten thousand times that is $100MM. Hedge Fund salaries are not of that order - topping out at $10MM. I agree t
by mdda 16y ago
Minimum wage for a year is approximately $10k. Ten thousand times that is $100MM. Hedge Fund salaries are not of that order - topping out at $10MM. I agree that Hedge Fund bonuses can be large, but as far as the fixed salary component goes, the person on minimum wage in your example is misinformed.