Tag: CEO

How Long Would You Have to Work to Earn as Much as a Top CEO?

The pay gap between executives and the average American worker has always been pretty big, and seems to have increased as the world’s economy grows. But with the recent recession bringing the most desperate financial conditions the world has seen since the Great Depression, one could be excused for expecting this gap to be reduced.

However, the recession has only served to make things tougher for the American workforce as unemployment recently hit a 26-year high and companies made drastic cuts to salaries and working hours.

 

CEo Salary1

Source:  busmanagement.com

50 Wealthiest People in The World

The net worth of the richest people in the world is the worth of the total assets that each person owns. The net worth includes the assets minus the liabilities. In general, it is the worth of all the person’s assets, whether or not they are liquid. The 50 richest people in the world are:

  1. William Gates III (Bill Gates), United States, net worth $40 billion from software. One of the founders of Microsoft, Bill Gates has been the richest person in the world for most of the years from 1995 to 2009.
  2. Warren Buffett, United States, net worth $37 billion from investments. Investor and Berkshire Hathaway CEO, Warren Buffet has pledged much of his wealth to philanthropic pursuits.
  3. Carlos Slim Helu & Family, Mexico, net worth $35 billion from telecommunications. Helu is one of the major influences over Mexican telecommunications. In 2007, he was briefly considered the richest person in the world.
  4. Lawrence Ellison – United States – Net worth $22.5B from software. Oracle CEO Ellison began in very humble circumstances and built up Oracle form a small business in 1977 to an enormous computer corporation.
  5. Ingvar Kamprad & Family – Sweden – Net worth $22B from furniture retail. The founder of IKEA, Kamprad started selling matches as a child and built up his retail business into the multinational corporation that IKEA is today.
  6. Karl Albrecht, Germany, net worth $21.5B from supermarket retail
  7. Mukesh Ambani, India, net worth $19.5B from petrochemicals
  8. Lakshmi Mittal, India, net worth $19.3B from steel
  9. Theo Albrecht, Germany, net worth $18.8B from supermarket retail  ………….

50 Wealthiest People in The World infographic

Source : http://www.visualeconomics.com/50-wealthiest-people-in-the-world/