The average pay of the top earning 25 CEOs in 2007 or 2008 was 75.3656 million. If a CEO actually put in a 40 hour work week (they don't put in that much time ordinarily), a CEO's earnings per hour would be......$36,233.46
75.3656 million divided by 2080 hours (per year in a 40 hour work week) = an hourly wage of $36,233.46. That's over $36,000 an hour folks.
Another way of looking at it is that the average top earning 25 CEOs make 5,531.8 times what a minimum wage earner makes.
An IHub friend of mine would like to remove them from the earth's surface. I'd be just as happy if they took 1/3 of America and made it their own, the other 2/3 going to Independents in 1/3 (since their numbers are growing), and Democrats in the final 1/3.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.