By noon today, the superrich have made an average worker's yearly salary
The numbers and story are from Canada. In the U.S., the stats are even worse.
http://www.theglobeandmail.com/news/national/by-noon-today-the-superrich-have-made-an-average-workers-yearly-salary/article2289438/
The richest of the rich have gained more ground in Canada, and are now making 189 times the average Canadian wage, according to a new report.
The 100 highest paid chief executives whose companies are listed on the S&P/TSX composite index made an average of $8.38-million in 2010, according to figures pulled from circulars by the Canadian Centre for Policy Alternatives, a left-leaning think-tank.
That's 189 times higher than the $44,366 an average Canadian made working full time in 2010, the report says.
... Regular Canadians, on the other hand, have seen their wages stagnate over the past few years. In 2010, after adjusting for inflation, average wages actually fell.
By comparison:
http://money.cnn.com/2011/04/19/news/economy/ceo_pay/index.htm
WASHINGTON (CNNMoney) -- In 2010, chief executives at some of the nation's largest companies earned an average of $11.4 million in total pay -- 343 times more than a typical American worker, according to the AFL-CIO.