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> That's the equivalent of AUD 800K a year. That's more than what the Prime Minister and a cabinet member put together make here! It is also about what the US
by Thrymr 5y ago
> That's the equivalent of AUD 800K a year. That's more than what the Prime Minister and a cabinet member put together make here!
It is also about what the US President ($400k) and a cabinet secretary ($196.7k) put together make in the US. But far, far, less than the CEO of any public company.
- lotsofpulp 5y agoThe US president’s compensation is far more than $400k per year including all the post employment benefits. Just the $200k+ per year annuity (inflation adjusted to boot) for the rest of their life is worth millions if they live more than ~6 years, and it only takes 4 years to earn it. Due to his young age, Obama easily got a few extra millions per year just in the value of the annuity. https://www.thoughtco.com/presidential-retirement-benefits-3322200 https://www.thoughtco.com/presidential-retirement-benefits-3...