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The Fortune 500 CEOs might be closer than you think. Median pay last year was $12.7 million. [1] https://www.equilar.com/reports/83-equilar-associated-press-ce
by fddhjjj 5y ago
The Fortune 500 CEOs might be closer than you think.
Median pay last year was $12.7 million.
[1] https://www.equilar.com/reports/83-equilar-associated-press-ceo-pay-study-2021 https://www.equilar.com/reports/83-equilar-associated-press-...
- AdamN 5y ago$12.7MM/year taxed at 30% (remember, these are workers) means $9MM/year. Presuming they spend half of that it would take 3 years to get to the 1% threshold ... many CEOs don't make it 3 years. Basically, Fortune 500s are probably minting about 100-200 1 percenters a year. A drop in the bucket compared to inherited and capital gains wealth.