How does one become a CEO making 12 million per year with $300 million severance pay upon retirement?

Question

Is it what you know or who you know or just luck?

Answer 1

Its a combination of any of these things, birthright, skills, determination, education, immoral behavior, moral behavior. Many CEO's are deplorable human beings who should rot in prison. Others are ethical people who deserve. Some are born into a rich family with connections for them waiting after graduating from daddy's alma matter. Others, struggle to pay for college and earned it.

Answer 2

Move somewhere that such figures are meaningless (try Japanese Yen for example)

12 million Yen is only £53,000 pa approx.

Alternatively try Zimbabwe. At recent exchange rates this is only about £200 pa and rapidly falling.

As for a $300 million severance pay on retirement.... Well, how would you know what someones severance package was that they actually received. Sure it could have appeared in the accounts, but it was probably paid into a charity account for departing executives. Most of the severance package will go towards insurance against bankruptcy in the next couple of years, and a one way ticket on the next space shuttle mission to the moon.

I suspect it probably has a lot to do with luck though. Some gamblers put it all on red and it comes up red. For every gambler that does that, there is another for whom it comes up black!

Answer 3

The BEST way is to start a company that becomes a $12 million/year company. As for the three items you mention: ALL of the above. If you don't know HOW to run a business, it doesn't matter who you know. It those in charge of hiring don't know you, it doesn't matter what you know.

Answer 4

W.A.S.P

Ok so thats not true.
Hard work, a lot of help from family, a rich family, an ivy-league education, and determination, and the willingness to step on ANYONE and EVERYONE.

Answer 5

I think you must learn to cheat and steal, with a degree in dishonestly.

Answer 6

It's all three.