Factoid of the Week: Want to Make $340,000 an Hour?
Item published on Jul 10th, 2007 | Comment | Trackback | Categories »
[x] Posted in The DesiConnect, The MidEastConnect, The AsiaConnect, The LatinConnect, Factoid of the Week
Lawrence J. Ellison, founder and CEO of Oracle Corporation for 25 years earned $706,077,000 in 2001 after exercising 23 million stock options that were granted to him ten years earlier.
Assuming a 40-hour workweek, this is equivalent to almost making $340,000 an hour.
–Guiness Book of World Records