Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
The Economic Policy Institute (EPI) estimates that CEO compensation has grown 1,322% since 1978, while typical worker compensation has risen just 18%. In 2020, CEOs of the top 350 firms in the U.S. made $24.2 million on average, which was 351 times more than a typical worker.
Sometimes the coveted C-level title doesn’t always garner large annual sums: former Apple Inc (NASDAQ:APPL) CEO Steve Jobs famously slashed his pay to $1 shortly after rejoining Apple and kept it there for more than a decade. And in 2019, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk earned just $23,000 — enough to purchase half of one Tesla Model Y.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Who were the most handsomely compensated C-level executives in 2020, and what can you do with their salaries?
Elon Musk, CEO, Tesla Inc (NASDAQ:TSLA): $6,658,803,818 - The New York Yankees (or A LOT of Dogecoin: CRYPTO: DOGE).
Mike Pykosz, CEO, Oak Street Health Inc (NYSE:OSH): $568,442,024 - Villa Les Cèdres, the fourth most expensive house in the world.
Trevor Bezdek, co-CEO, Goodrx Holdings Inc (NASDAQ:GDRX): $497,838,903 - 1,000 tickets for space travel with Virgin Galactic Holdings Inc (NYSE:SPCE).
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
Eric Wu, CEO, Opendoor Technologies (NASDAQ:OPEN): $388,713,679 - Four "pink star" diamonds, the most expensive in the world.
Alex Karp, CEO, Palantir Technologies Inc (NYSE:PLTR): $369,553,959 - Several islands in the Maldives.
Geoffrey Price, COO Oak Street Health Inc: $356,271,777 - 117,486 shares of Amazon.com, Inc. (NASDAQ:AMZN)
Tim Cook, CEO, Apple Inc: $265,043,550 - 221,053 iPhone 13 Pro Max 256GB
Griffin Myers, Chief Medical Officer, Oak Street Health Inc: $221,354,227 - Two Boeing Co (NYSE:BA) 737 MAX airplanes.
Chad Richison, CEO, Paycom Software Inc (NYSE:PAYC): $220,003,916 - A Chinese tea bowl dating back to the Song Dynasty (960-1279).
(Salary source: Bloomberg)
Originally published on March 13, 2022.
Photo: Courtesy Boeing
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.