This recent Denver Post report caught our eye: "Colorado executive pay down 12.6 percent last year."
According to the story, Colorado's top executives, for the most part, took modest pay cuts last year. But Colorado's top executives still pulled in a lot of money—$4.1 million on average.
But that's the average. At the top of the top, according to the Post report, was Charlie Ergen. Ergen made $21.8 million as chairman of EchoStar Corp and $958,441 as chairman of its sister company Dish Network, for a grand total of about $22.8 million. Numbers like that can be tough to grasp for some of us nine-to-fivers. The average Coloradan pulls in a salary of $46,770. That means that every three minutes in 2011, Ergen made about the same as the average worker did in a day.
That's just the start. Here, we break down the numbers. (We've done this before with top athletes.)
2011 income: $22.8 million
Every month: $1.9 million
Every day: $62,466
Every hour: $2,602
Every minute: $43.38
Average Colorado Exectuive:
Annual income: $4.1 million
Every month: $341,666
Every day: $11,233
Every hour: $468.04
Every minute: $7.80
Average Colorado Worker:
2011 income: $46,770
Every month: $3,897.50
Every day: $128.14
Every hour: $5.34
Every minute: $0.09
—Image courtesy of Shutterstock
Colorado coal mining sits at a crossroads.
The Mile High Holidays: A Local Gift Guide
Meet the principal of Columbine High School.
Everything you need to know about Colorado's grand experiment with legalized recreational...
Colorado has pumped nearly $25 million into mental health crisis care since the Aurora theater...