- Why Bill Gross is the Most Underpaid Money Manager in the World
Why Bill Gross is the Most Underpaid Money Manager in the World
08 August 2012 05:14
A recent article in New York Times by Geraldine Fabrikant put the salary of Bill Gross, the legendary manager of PIMCO Total Return Fund, at $200 million per year. The number two most recognizable name at PIMCO, Mohamed El-Erian, was reported to make $100 Million. The source for these numbers was not disclosed, and has come under criticism for being too high by Felix Salmon who writes for Reuters. I believe there is a strong argument to be made that even if Bill Gross made $1 billion per year that he would be undercompensated by several measures.
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Bill, Gross, Most, Underpaid, Money, Manager, World
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