Top 100 CEO Retirement Savings Equals 41% of U.S. Families
Oct 29, 2015 14:37:02 GMT 7
rgs2001uk likes this
Post by Fletchsmile on Oct 29, 2015 14:37:02 GMT 7
Thailand's not unique in its income inequality by any means, but some of the US stats really make you think.... also that the system is designed that this perpetuates throughout retirement
I don't think many of these top 100 CEOs will be starting threads on Thai forums of "how much do I need to live in Thailand? and can you live on THB 10,000 a month"
. If you've a Thai daughter the Sinsot could be attractive though 
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CEOs' $4.9 billion in excess of 116 million people's accounts
Former Yum CEO Novak tops list with $234.2 million in savings
The retirement savings accumulated by just 100 chief executives are equal to the entire retirement accounts of 41 percent of U.S. families -- or more than 116 million people, a new study finds.
In a report scheduled for release today, the Center for Effective Government and Institute for Policy Studies found that the 100 largest chief executive retirement funds are worth an average of about $49.3 million per executive, or a combined $4.9 billion. David C. Novak, the recently departed chief executive officer of Yum! Brands Inc., is at the top of the list, with total retirement savings of $234.2 million.
In recent years, pay and income inequality across different income groups have received increasing attention in the U.S. Significantly less attention has been focused on the growing gulf in retirement savings, a lack of focus that the study’s authors say they are attempting to address.
www.bloomberg.com/news/articles/2015-10-28/top-100-ceo-retirement-savings-equals-41-of-u-s-families
I don't think many of these top 100 CEOs will be starting threads on Thai forums of "how much do I need to live in Thailand? and can you live on THB 10,000 a month"
. If you've a Thai daughter the Sinsot could be attractive though 
===================================================
CEOs' $4.9 billion in excess of 116 million people's accounts
Former Yum CEO Novak tops list with $234.2 million in savings
The retirement savings accumulated by just 100 chief executives are equal to the entire retirement accounts of 41 percent of U.S. families -- or more than 116 million people, a new study finds.
In a report scheduled for release today, the Center for Effective Government and Institute for Policy Studies found that the 100 largest chief executive retirement funds are worth an average of about $49.3 million per executive, or a combined $4.9 billion. David C. Novak, the recently departed chief executive officer of Yum! Brands Inc., is at the top of the list, with total retirement savings of $234.2 million.
In recent years, pay and income inequality across different income groups have received increasing attention in the U.S. Significantly less attention has been focused on the growing gulf in retirement savings, a lack of focus that the study’s authors say they are attempting to address.
www.bloomberg.com/news/articles/2015-10-28/top-100-ceo-retirement-savings-equals-41-of-u-s-families
