The CEO-bashing that has occurred regarding their compensation is a sore spot for me – especially since the criticism is leveled by people who have never spent a single day as a CEO. Now I catch up to this Foxnews.com story – Oprah Highest-Paid Star; Simon Cowell a Distant Number Two.
Do you know how much Oprah makes per year?
$260 Million. A year!
Where is the outrage? If I am not mistaken, Oprah is the CEO of her production company. This number is her salary – what about her benefits and perks? The second highest television salary is $215 MILLION less than her salary! The mainstream media goes to great length to report these figures for CEO’s of publicly-traded companies, but I have a suspicion that they will turn a blind eye to this one.
Personally, I say kudos to Oprah for running a highly successful company and I am glad that the market demand for her allows her to make this type of salary.