The typical CEO in the U.S. took home $9.6 million last year and according to an analysis by the Associated Press, it would take a minimum wage worker 636 years to make that much. A person making the national average salary would have to work 244 years to make the median CEO salary.
But for David Simon of Simon Property his pay packet is even more absurd. He received a pay package worth more than $137 million for last year, according to the Associated Press.
HOW LONG IT TAKES OTHERS TO MAKE THAT MUCH: A minimum wage worker — paid $7.25 per hour, as some workers at Simon malls are, (or Florida where the minimum wage is $7.67 per hour) — would have to work one month shy of 9,096 years to make what Simon made last year. A person making the national median salary, $39,312 by AP calculations, would have to work 3,489 years.
Read More Here.
