Interactive graphics from The Pay at the Top - The New York Times
Rise of CEO pay vs their stock price in 2007
From the New York Times an interactive graphic which allows you to look up the CEO pay in 2007 and compare it to the change in their company's stock price (by Vu Nguyen, Kurl Russell, Tom Jackson). I took screenshots for 4 tech CEOs: Oracle, Microsoft, Google, and Apple. Size of the orange circle is the CEO's compensation. Keep in mind this does not include the increase value of stock options they currently own.
{Click on the image to take a closer look}
[tags]CEO pay[/tags]
Highest Paid American Athletes 2007
In honor of the the Super Bowl, I am posting Sports Illustrated's Fortunate 50 top-earning American athletes (earnings include salary, winnings, bonuses, and endorsements). However, only one of the players in today's game made the list, Tom Brady of the New England Patriots, Rank: 47. {Click on the image to take a closer look}
I found a nice table of this data on SportsColumn.com. Salaries are based on current or most recently completed seasons (exception: 2007 for NFL). For winnings-based sports (auto racing, golf, tennis), 2006 calendar year amounts used.
[tags]athletes, income, endorsements[/tags]
2005 US Income Distribution part 3
I went back to my 2005 US Income Distribution graph but this time I looked at the income of everyone above $250,000. Although one can find lists of high income earners it is very difficult to find a graph plotting their earnings as compared to everyone else. The scale of the graph is so extreme that most of the population ends up looking like a dot at the bottom of the graph. Below I have created 3 graphs that try to show the relationship between the bottom 99.99% and the top 0.01%.
{Click on each graph to take a closer look}
The original Census data can be found at Table HINC-06. Income Distribution to $250,000 or More for Households
The bottom 99.99% I estimated from data found at Emmanuel Saez's web site
The CEO and Celebrity income estimates came from Forbes magazine
And finally the income for the top hedge fund managers was first published at Alpha magazine but I found it via the New York Times
See Also: Part 1 and Part 2 [tags]US Income Distribution, High Income, Census Income, Income Inequality [/tags]
Is $1.5 billion the highest income in the World?
It is official. I am astonished by the size of some of the incomes reported for hedge fund managers. When I first heard about the $150 to $200 million dollar incomes for CEOs and Celebrities (reported by Forbes magazine) that was impressive. But apparently that is barely enough to make the top 25 incomes for hedge fund managers in 2005:
This time there are two who break the billion-dollar barrier: James Simons of Renaissance Technologies Corp. and BP Capital Management’s T. Boone Pickens. In 2005 math whiz Simons, we calculate, earned a staggering $1.5 billion, edging out oil tycoon Pickens, who took home an equally astounding $1.4 billion from two hedge funds he quietly launched ten years ago. . .
. . .One thing that never seems to change for this exclusive club: The cost of admission keeps going up. A manager had to earn at least $130 million in 2005 to qualify for a place among the top 25 money earners, compared with $100 million in last year’s survey and just $30 million in 2001 and 2002. The 26 managers on the list made, on average, $363 million in 2005, a 45 percent jump from the $251 million the top 25 earned in 2004. The average, of course, got a boost from the billion-dollar boys, Simons and Pickens. But the median earnings also grew, jumping by a third, from $153 million in 2004 to $205 million last year.
[tags] hedge fund managers, income, James Simons, T. Boone Pickens [/tags]
President Bush's 2005 income
From the AP via ABC News
President Bush reported adjusted gross income of $735,180 for last year, on which he paid $187,768 in federal taxes, according to the president's return released Friday by the White House.The White House also released the 2005 tax return filed by Vice President Dick Cheney and his wife, Lynne. According to the return, the Cheneys have overpaid their taxes this year and are entitled to a refund of about $1.9 million. Their adjusted gross income was about $8.82 million.
. . .
I compared the incomes reported in this story to the Excel file (Table A6: Column S, Column U) produced by Emmanual Saez and Thomas Piketty. At $735,180 the Bushes' income would be in the Top 0.5% of all income in the United States. While the Cheneys' income of $8,820,000 place them in the Top 0.01%
[tags]Bush's income, Cheney's income[/tags]
Highest paid CEO in 2004
A list of highest paid CEOs, according to Forbes, based on their salary and bonus, vested restricted stock grants and the value realized from exercising stock options during the just-concluded fiscal year. The number 1 CEO is:
Terry S Semel Total Compensation: $230.6 mil (#1) Terry S Semel has been CEO of Yahoo (YHOO) for 4 years. Mr. Semel has been with the company for 4 years . The 62 year old executive ranks 1 within Software & Services
