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James Wellwood "Whitey" Basson (born 8 January 1946) is a South African businessman and billionaire who was largely responsible for growing a small business called Shoprite from an 8-store chain valued at R1 million [2] into an international retail conglomerate with revenue in 2019 of R150 billion, market capitalisation of R114 billion, more than 2 300 stores and 140 000 employees across 15 ...
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
He appears regularly in The Wall Street Journal, USA Today, Bloomberg Businessweek, and Time. He has been listed in the Crain’s Chicago Business annual Who's Who list annually since 2004. [6] He is the naming donor of Saint Louis University's Richard A. Chaifetz School of Business, Chaifetz Arena, and Chaifetz Center for Entrepreneurship.
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Methodology: GOBankingRates used AFL-CIO’s Highest-Paid CEOs 2019 data to determine how many minutes it takes a CEO to earn your annual salary, sourcing the 49 top-earning S&P 500 CEOS.
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Niccol received a starting salary of $1.6 million and a $10 million starting bonus. [37] He will also receive an additional $75 million in equity grants which are designed to pay out over time and an annual cash incentive opportunity at a target of 225 per cent of his base salary. [37]