Think celebrities and CEOs make way too much money? Check out this chart:
In 2016 pop diva Taylor Swift sung her way to $170 million in earnings to take the top spot on the Forbes Celebrity 100 list. The year before that, Uber UBER, +0.76% boss Dara Khosrowshahi took home $94.6 million when he was serving as the chief executive at Expedia EXPE, +2.80% .
Disney’s DIS, -0.08% Bob Iger made $44.9 million, Oracle’s ORCL, +0.92% Mark Hurd pocketed $53 million... Howard Stern, Kevin Hart, Lionel Messi, Adele, Rush Limbaugh, etc. Lots and lots of money. All of them.“Hold my beer,” according to a tweet from Cambria Investment Management’s Meb Faber, who highlighted the two charts, including the one below, for perspective on how much the powerbrokers of Wall Street actually make.
How do these guys make so much cash? Well, they typically earn 2% off assets under management and 20% off performance fees — or in Simons’s case, a whopping 5% and 44%. Nice work, if you can get it.
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