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Wouldn’t it be harder to believe that an individual who does produce something could generate that much value? There’s a limit to what one person can do. How
by dasil003 4y ago
Wouldn’t it be harder to believe that an individual who does produce something could generate that much value? There’s a limit to what one person can do. However I’ve definitely seen projects fail with hundreds of high salaries wasted for months or years because of bad leadership.
- giantg2 4y agoHe still stands to earn a huge amount regardless of if he is a good leader or not.
- dasil003 4y agoOf course, but that's a different problem. There are plenty of engineers earning $250k at FAANG who were good enough at grinding leetcode to get their foot in the door but aren't producing anywhere near that much value. Or NNPPs hiding out in Fortune 500 companies quietly pulling in $120k for decades. Sure it's annoying CEOs can be paid so much while failing utterly, or conversely that they can succeed by luck or circumstance that they don't deserve credit for. At the end of the day though, a good CEO can be the difference between life and death for billion dollar companies often enough that the market is what it is.
- __derek__ 4y agoHe'll earn significantly less than the headline number if he turns out to no longer be a good leader, though, because the value of Amazon stock will (continue to) decline.