Guess What Is The Income For Warren Buffett In 2006?

Report from Coattail Investor:

"In this day and age, executive compensation packages are often so astronomical that it brings into question how valuable one person can actually be to a company. Such is not the case at Berkshire Hathaway. In 2006, Berkshire’s CEO Warren Buffett, earned a mere $214,250 on top of his $100,000 salary, a bargain for the world’s most famous investor.

Buffett has long been opposed to executive over-compensation. “Too often, executive compensation in the U.S. is ridiculously out of line with performance,” Buffett wrote in his annual shareholders letter. The largest executive compensation package at Berkshire Hathaway belongs to Marc Hamburg, the vice president and CFO who received $673,500 in 2006. "

See, just like what i report that the earning of google founders, the world 2nd riches man is not pocketing a lot in term of salary. Their wealth is in the stock that they are holding.

Warren commented that some CEOs is too highly paid. You need to find out this before you invested in the company stock. Don't risk your money investing into another worldcomm, Enron etc.