Some People Are Never Worried About “Nothing”
Sun Dec 7, 2008, 2:33 am | Leave Comment
I read an article on Fortune Online. Three executives of a company called Blackstone Group (BX) received the following total compensation for 2007:
- Steve Schwarzman Chairman and CEO $350.7 million
- Pete Peterson Senior Chairman $174.3 million
- Hamilton James President and COO $ 98.7 million
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Total $623.7 million – no wonder they can’t sleep at night.
Blackstone Group (BX)
Their pro forma adjusted total economic net income was $2,120,714,000 in 2007 ending December 31 (Page 37).
The compensation $623.7 million received by the three executives combined is 29.41% of $2,120,714,000.
Read the article on money.cnn.com in full: Fortune Online.
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