Sunday, June 8, 2025

American Obscenity: In 2024 Palantir CEO Alex Karp made 4000 times more than the lifetime earnings of an average American

 
3,675 times more than men.  6,180 times more than women.

Photo creditWikipedia
HeadlineNew York Times, 6/6/2025

Jeff Sommer reports:
Being C.E.O. is a tough gig, no question. But the pay? It’s fabulous. 
And it’s so much better than what the rank-and-file will ever get. These days, it’s particularly lucrative to be the C.E.O. of a company with government security ties, corporate executive compensation filings show. [emphasis added] 
Take Alex Karp. He’s the chief executive of Palantir Technologies, a data analysis and technology firm that has been in the news for helping the Trump administration collect and compile personal information on millions of Americans. Palantir also works for the U.S. military, police forces and U.S. Immigration and Customs Enforcement, as well as many other corporations. 
Palantir disclosed that Mr. Karp received $6.8 billion in “compensation actually paid” in 2024, a figure bolstered by Palantir’s soaring share price, which last year swelled the value of the stock and options awarded to him.

No comments:

Post a Comment