Most Americans have no idea how much money CEOs really make.
“Quick: How much does the the typical CEO of one of the largest U.S. companies make each year?
A new study from researchers at Stanford Graduate School of Business finds that the typical American gets the answer wrong — very wrong. A survey of 1,200 individuals released Thursday shows that the median respondent said they make just $1 million a year.
The right answer? More than 10 times more than the typical guess: $10.3 million.” [READ MORE]