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How Much Money Is Too Much

July 22, 1999
Related Topics: Compensation Design and Communication, Featured Article
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Last year, basketball superstar Michael Jordan made $300,000 a game, or roughly $10,000 a minute.

Assuming he made roughly $40 million in endorsements, Jordan made roughly $178,100 a day, working or not.

Assuming he slept seven hours a night, Jordan made $52,000 every night while visions of sugar plums danced in his head.

Every time Jordan went to see a movie, it may have cost him $7, but he made $18,550 while he was there.

He made $618 while boiling every five-minute egg he cooked.

He made $3,710 while watching an hour of TV.

If he had wanted to save for a new Acura NSX (a $90,000 car), it would have taken him a whole 12 hours.

If you were given a tenth of a cent for every dollar he made, you’d be living comfortably at $65,000 a year.

While the common person spent $20 for a meal in a trendy Chicago restaurant, Jordan pulled in about $5,600.

If Jordan had decided to play this season, he would have made more than twice as much as all the past U.S. presidents for all their terms combined.

Amazing, isn’t it?

But Jordan would have to save 100 percent of his income for approximately 800 years to have a net worth equal to that of Microsoft superstar Bill Gates.

SOURCE: Humor Space, http://www.humorspace.com

Workforce, February 1999, Vol. 78, No. 2, p. 24.

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