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(SFGate)   How much money did YOU make last year?   (sfgate.com) divider line
    More: Scary, Marc Benioff, Million, Executive officer, Facebook, DoorDash's CEO Tony Xu, Chief executive officer, Mark Zuckerberg, Business Times' list  
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1418 clicks; posted to Business » on 08 Jun 2021 at 3:20 PM (10 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



36 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-06-08 1:00:55 PM  
Exactly? Hmm, let me do the math....

Oh, that was easy:  $0.
 
2021-06-08 2:06:03 PM  
Less than that guy made.

2021 is still a work in progress but I've got a wallet full of Dogecoins and I'm feeling lucky.
 
2021-06-08 3:29:44 PM  
I'd be more interested to know what the lowest CEO salary is.
 
2021-06-08 3:31:11 PM  

Ivo Shandor: Less than that guy made.

2021 is still a work in progress but I've got a wallet full of Dogecoins and I'm feeling lucky.


The guy was paid in doordash stock I'd say long term Dogecoins will be a better investment.
 
2021-06-08 3:34:34 PM  
And that's after spending millions to f*** over their drivers.

Uber, Lyft, DoorDash, Instacart, and Postmates spent over $200 million campaigning for Proposition 22, the most expensive ballot measure in California history, successfully convincing voters that they couldn't properly pay and protect their workers if they were forced to classify them as full employees - at least, not without cutting back service or substantially raising the price you'd pay.
 
2021-06-08 3:46:44 PM  
Oh, yeah... this is really the place where you should be posting what you made last year. Sure...
 
2021-06-08 3:48:18 PM  
headline corrected for accuracy


The highest-paid CEO in San Francisco was valued at earned $413 million in 2020, but is still valued at only .19 cents per pound.
 
2021-06-08 3:55:23 PM  

Glorious Golden Ass: I'd be more interested to know what the lowest CEO salary is.


$1
 
2021-06-08 3:57:38 PM  

PvtStash: headline corrected for accuracy


The highest-paid CEO in San Francisco was valued at earned $413 million in 2020, but is still valued at only .19 cents per pound.


And therefore paid no taxes whatsoever.  They are also in the income level who on average received $25 million plus in the first covid bailout.
 
2021-06-08 4:00:57 PM  

Northern: And therefore paid no taxes whatsoever.  They are also in the income level who on average received $25 million plus in the first covid bailout.


Fark user imageView Full Size
 
2021-06-08 4:15:41 PM  
For every million you make, you are looking at ~$30k per year in dividends forever afterwards. So, a person making $10 million in one year has a lifetime of $300k per year in passive income to look forward to without ever working again.

Why bother, seriously? If I made that kind of money I would retire immediately and tell the world to fark off.
 
2021-06-08 4:17:48 PM  
Eh. I did okay.
 
2021-06-08 4:18:58 PM  
Thank FSM that I didnt miss any work due to the pandemic.  I have worked from home the whole time.  We even got a 3% raise last year.  I work in Heathcare that that was actually a big deal as a lot of hospitals did layoffs when things shut down.   Wife is a teacher so she was home last spring/ summer but was back at school in the fall, as the district was only concerned about the loud stupid parents and no one else.

Oldest kiddo graduated from College and got a job she starts in a couple of weeks.

Youngest is in Law School, everything (including courts) all moved to Zoom.   It sucked as she lost a lot of college social stuff.
 
2021-06-08 4:19:06 PM  
The highest-paid CEO in San Francisco was valued at earned $413 million in 2020

Wow, I was nowhere near that. I mean by a longshot. I am simply going to have to yank on those bootstraps and work harder if I want to make that much.
 
2021-06-08 4:21:30 PM  

Shaggy_C: For every million you make, you are looking at ~$30k per year in dividends forever afterwards. So, a person making $10 million in one year has a lifetime of $300k per year in passive income to look forward to without ever working again.

Why bother, seriously? If I made that kind of money I would retire immediately and tell the world to fark off.


I'm with you. And yet, there are weirdos out there who seem to enjoy working. Including insane stress and hours. I'm not sure what's wrong with them.
 
2021-06-08 4:24:09 PM  

Shaggy_C: For every million you make, you are looking at ~$30k per year in dividends forever afterwards. So, a person making $10 million in one year has a lifetime of $300k per year in passive income to look forward to without ever working again.

Why bother, seriously? If I made that kind of money I would retire immediately and tell the world to fark off.


Me too, but I think it's probably all tied together. People like us who have a firm grasp on what "enough" would be are probably a bit less likely to follow a path that leads to that kind of income.

And the exceptions drop themselves out of view quickly & quietly. It happens, but the lists like this naturally fill with the people who will always want more.
 
2021-06-08 4:36:10 PM  
Almost $0. In 2019 I got fed up and went back to my roots. Musician/bartender. Both gigs are very unregulated so I didn't get unemployment. It's my own damned fault and I suffered for it. The fact that I wasn't evicted is only the result of whatever side hustle I could find. Also, my landlord likes me and seemed to understand since I had been on time and an otherwise good tenant for years prior. Besides, who else would he rent to? Some rando in a crazy economy? Or just keep the proven tenant who is in a pickle?

I applied for SNAP and got it. That was nice. Aside from that, nothing but the surplus, which went to rent. Hell, at least my savings all went to the landlord for about 9 months in to the shutdown. Had to adjust my diet (no steaks, no anything fun) but it worked enough to keep me alive.

I'm working again but it's not the same. I love my little apartment and plan to keep it when things are 'normal.' I love living alone now and I've made this place mine. Only thing missing is a pooch. Mine passed away and I've been avoiding adoption bc I had/have been scared for my own security. But I feel that things are slowly getting better and I want a dog, man.
 
2021-06-08 4:44:45 PM  
Not enough to bump my bracket down to 3.4%.
 
2021-06-08 4:45:04 PM  

Shaggy_C: For every million you make, you are looking at ~$30k per year in dividends forever afterwards. So, a person making $10 million in one year has a lifetime of $300k per year in passive income to look forward to without ever working again.

Why bother, seriously? If I made that kind of money I would retire immediately and tell the world to fark off.


It's always "gotta have more".  Why have last year's car when you can have this year's model? Why have one when you can get ten? Why have the 2500sqf home when you can get a 5000sqf home?  You don't have one in Malibu? Get one in Malibu!

There's no "that's good.  I'm good.  I can spend the next 100 years not working and be more than fine."
 
2021-06-08 5:01:41 PM  

Shaggy_C: For every million you make, you are looking at ~$30k per year in dividends forever afterwards. So, a person making $10 million in one year has a lifetime of $300k per year in passive income to look forward to without ever working again.

Why bother, seriously? If I made that kind of money I would retire immediately and tell the world to fark off.


Pretty much what my uncle did, although with a lot less money.  He was CFO of Purina pet food, retired at 50.  Smoked like a chimney, drank like a sailor, and died in his late 70s.  He enjoyed every minute of retirement.
 
2021-06-08 5:11:34 PM  

Ivo Shandor: Glorious Golden Ass: I'd be more interested to know what the lowest CEO salary is.

$1


I forgot about that.  I guess I what I really want to know is what does the lower quartile of CEO compensation value in USD.  Is it just big companies who lay CEO's millions to take credit for what is mostly luck, or do smaller companies also spend way more than they should on "Leadership"
 
2021-06-08 5:42:54 PM  
DoorDash's CEO Tony Xu earns the distinction of being the biggest earner in the pandemic year, nabbing $413 million in compensation last year - nearly all of which were in the form of stock awards. Xu has a $300,000 annual salary.

A DoorDash spokesperson told SFGATE that Xu's stock awards are performance awards, meaning that "it is based on future performance."

"Tony doesn't get paid this full award unless DoorDash significantly outperforms the market and achieves a 5x return over the next seven years," the spokesperson said to SFGATE.


Depending on how that stock compensation is structured he actually might have made $300K which is... well you're not going to go hungry, but that isn't exactly lambo (or even "single family detached house") money in San Francisco.   The $413M is likely the accounting number that the company had to put down for executive compensation - unless DoorDash's business turns out to be far better than I think it will he probably won't see anything close to that much in actual compensation.
 
2021-06-08 5:48:58 PM  

Schlubbe: Oh, yeah... this is really the place where you should be posting what you made last year. Sure...


Meh, I'm a public worker. I made exactly $70,425 last year. There are at least three sites you can look up every state employee, to the penny, for at least seven years back.  So you know exactly what all of your co-workers make. (It's not a rigid grid like federal 'GS' jobs). And you can see that most of them (I've been a little luckier) have had real inflation-adjusted pay falling by 1.3-1.5% a year, pretty much every year since 2008.
 
2021-06-08 6:05:21 PM  
Enough where I had to pay more...
 
2021-06-08 6:08:05 PM  

Glorious Golden Ass: Ivo Shandor: Glorious Golden Ass: I'd be more interested to know what the lowest CEO salary is.

$1

I forgot about that.  I guess I what I really want to know is what does the lower quartile of CEO compensation value in USD.  Is it just big companies who lay CEO's millions to take credit for what is mostly luck, or do smaller companies also spend way more than they should on "Leadership"


My wife is the CEO of her LLC*.  I'll ask her!

I joke, but that's the issue.  Every corporation and governmental agency from my wife's one person LLC to Amazon has a CEO.  Across all of them, per BLS, looking just at salary, here is the spread:

Fark user imageView Full Size


Per the Economic Policy Insitute, this is the compensation for the top 350 US firms:

Fark user imageView Full Size
 
2021-06-08 6:08:36 PM  
*from above:  before you ask, no, not a MLM scheme.
 
2021-06-08 6:28:08 PM  

Izunbacol: Glorious Golden Ass: Ivo Shandor: Glorious Golden Ass: I'd be more interested to know what the lowest CEO salary is.

$1

I forgot about that.  I guess I what I really want to know is what does the lower quartile of CEO compensation value in USD.  Is it just big companies who lay CEO's millions to take credit for what is mostly luck, or do smaller companies also spend way more than they should on "Leadership"

My wife is the CEO of her LLC*.  I'll ask her!

I joke, but that's the issue.  Every corporation and governmental agency from my wife's one person LLC to Amazon has a CEO.  Across all of them, per BLS, looking just at salary, here is the spread:

[Fark user image image 850x625]

Per the Economic Policy Insitute, this is the compensation for the top 350 US firms:

[Fark user image image 850x360]


Thanks!
 
2021-06-08 6:54:50 PM  
But $600 in unemployment supplements was simply a bridge too far.
 
2021-06-08 9:54:10 PM  
Straight Social Security and Medicare Part B takes $150/month.
 
2021-06-09 12:47:18 AM  
More than i ever have and i only worked 4 months.  That was one heck of a severance package.
 
2021-06-09 2:06:52 AM  
More than I ever did by actually working.
 
2021-06-09 7:12:20 AM  

Ivo Shandor: Less than that guy made.

2021 is still a work in progress but I've got a wallet full of Dogecoins and I'm feeling lucky.


Ethereum is a better buy mid/long term.
 
2021-06-09 7:14:08 AM  

TheSubjunctive: Schlubbe: Oh, yeah... this is really the place where you should be posting what you made last year. Sure...

Meh, I'm a public worker. I made exactly $70,425 last year. There are at least three sites you can look up every state employee, to the penny, for at least seven years back.  So you know exactly what all of your co-workers make. (It's not a rigid grid like federal 'GS' jobs). And you can see that most of them (I've been a little luckier) have had real inflation-adjusted pay falling by 1.3-1.5% a year, pretty much every year since 2008.


States, as well as the Federal government, are slowly going broke.

something about big business and the wealthy not paying their share of the tax burden.........
 
2021-06-09 7:16:46 AM  

Northern: Shaggy_C: For every million you make, you are looking at ~$30k per year in dividends forever afterwards. So, a person making $10 million in one year has a lifetime of $300k per year in passive income to look forward to without ever working again.

Why bother, seriously? If I made that kind of money I would retire immediately and tell the world to fark off.

Pretty much what my uncle did, although with a lot less money.  He was CFO of Purina pet food, retired at 50.  Smoked like a chimney, drank like a sailor, and died in his late 70s.  He enjoyed every minute of retirement.


he could have lived until his late 90's if he hadn't drank and smoked like a sailor.  20 more years of retirement.

what you do now affects your longevity later.  simple biology/chemistry.
 
2021-06-09 7:18:03 AM  

edmo: Not enough to bump my bracket down to 3.4%.


let's get that income up so you can bump that bracket down.

lolzz
 
kab
2021-06-09 3:19:02 PM  
So he actually 'made' 300k unless he was able to sell off some of those stocks.

Wait till the guy who wrote this finds out about top-rate MLB players.
 
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