Who makes more money between celebrities and CEOs? Well, you could argue that some CEOs command celebrity status, but you know what I mean.
Point is, being at the helm of a widely successful company or making it big in the entertainment or sports industry commands some huge paychecks. So who between the executives and the entertainers earn more?
A $12 million average paycheck
According to a Wall Street Journal article that delved into this comparison, the average CEO pay in 2018 sits at $12.4 million. Without a doubt, most of us wouldn’t mind making such an amount annually. However, it was peanuts compared to the $25-million paycheck Katy Perry received for her efforts as an American Idol judge.
The $12 million was also pale in comparison to what Mike Trout’s contract with the LA Angels earned him: over $35.5 million a year! Celine Dion also made much more for her Vegas residency, taking home $33 million. Jennifer Aniston wasn’t too far behind either, earning $22 million for last year’s Apple series.
However, that’s not to say that some CEOs don’t pull in as much money as celebrities do. Take David Zaslav of Discovery Channel.
The CEO’s compensation package for 2018 totaled at $129 million! But Zaslav’s earnings were nothing in comparison to Axon Enterprise’s Rich Smith’s $246 million, confirming the perks of being a company’s top executive.
But guess the CEO who took home the biggest package? Who else, if not Tesla’s Elon Musk? According to The New York Times, Tesla compensated its CEO to the tune of over $2 billion!
The paper tabled the earnings of 200 reputable CEOs, with Musk’s compensation package being worth more than the collective earnings of the next 65 executives on The NYT list.
Musk’s exact figure was $2.284 billion, just a little bit more than the collective $2.279 billion the next 65 CEOs made.
CEOs win it?
Truth be told, no athlete or entertainer made that much money last year. So does this mean that the CEOs win the debate? In our opinion, there’s no definite answer to this.
What we can all agree on is that these individuals make insane amounts of cash, and we would give everything just to earn a fraction of their paychecks.
Just recently, Forbes published a list of the highest paid athletes, and soccer dominated the top three. Lionel Messi edged out his rival Cristiano Ronaldo, coming first with earnings totaling to $127 million.
Cr7 came second with $109 million, with Neymar Jr. being second runner’s up at $105 million. Also featuring in the top ten, respectively, were Canelo Alvarez, Roger Federer, Russell Wilson, Aaron Rodgers, LeBron James, Stephen Curry, and Kevin Durant. Serena Williams represented the ladies in the top 100 with her $29.2 million earnings.
Back to CEOs, Disney’s Bob Iger was well compensated, taking home a total of $65.7 million. Iger’s package was more than what his company’s rival, Netflix, raised in revenue for the same period of time. Netflix registered a profit of $36.1 million.