ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Are CEOs Really Worth Millions?

Updated on May 16, 2013

I have a hard time, as many people do, believing that any one person is actually worth what many CEOs are earning. The argument can also be said of sport figures and movie stars, for that matter.

Last year, 127 out of 130 CEOs of companies took home an average of $10 million bucks. Are the shareholders of these companies comfortable with this? Probably not, which is why more and more the shareholders demand compensation is ties to performance of the stock and earning. However, many other CEOs earn way more like Oracle's Larry Ellison who makes the $94 million, no wonder he bought the island of Lanai in Hawaii. What does a person do with so much, much money? I mean, it must even be a problem dealing with this sum and knowing what to do with it.

The CEO of CBS earns $58 million, Disney's CEO earns $36 million, Nike's CEO pockets $33 million as does Viacom's. Starbuck's CEO gulps down $26 million. Facebook's Zuckerberg has been reported to have received $2 billion.

I mean, he must lay in bed at times wondering WTF is he going to do with sooo much money. Buy a bank? How about a country? It certainly a FAR cry when he was a poor student 10 years ago. What does a person do with so much? Is he or any of them REALLY worth that money, when thousands of employees under them work for maybe $60-85,000 a year, actually doing work.

Now, sport figures and movie stars actually do work hard at their craft. Ask any movie star that while on the set shooting, they are there usually from 5 or 6 am to maybe 8 pm, depending on how the shooting is going, Granted, they are NOT working every moment and there a lot of down time, but they have to be on the set. The same applies to everyone on the set. This can go on for months. Sport figures also work in the off season to stay fit and the top of the game.

CEOs are like the guiding light of the company and while they may have talent in business, much of their status was luck. They were lucky to think of it in the start, or started early, but they have to make the company as a whole be a success for the shareholders. Yet, even when they are fired, they take home outrageous sums of perks and money from the stock shares they have. When you have millions of shares given to you as a perk on top of the salary of $25 million, it just seems unjust for one person.

Is anyone really worth that kind of money? I don't think so, but obviously, I am in the minority!

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: "https://hubpages.com/privacy-policy#gdpr"

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)