Megafund chiefs make $500 million a year?Subscribe
Leon Black made $550 million. Steve Schwarzman made $450 million. Is this real life? Even the CEO of JPM and GS who are managing companies with trillion dollar assets and 100,000 employees are in the low double digits, and these mofos are making triple digits?
Also, David Rubenstein told HBS students recently: "The days of getting fabulously rich in private equity may be a little bit behind us."Lol. Just what were they making in 2007 I would like to know.
God bless America. God bless capitalism.