$400B
Tesla CEO Elon Musk has now hit a new record net worth of $400 billion, Bloomberg reports. For context, that’s approximately the GDP of Iran. Or, if you earn $100,000 a year, you’d only have to work for 4 million years to make that much.
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The ideal place to start a career might be less about prestige and more about where the paycheck stretches furthest.
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Wall Street bonuses hit a new record last year, edging toward $250,000 average
2025 was a pretty good year for US stocks... and new data suggests it was an even better one for workers on Wall Street itself.
In a year that saw pretax profits on the Street rise more than 30% to a record $65 billion, dealmakers, traders, and wealth managers raked in ~$246,900 in bonuses on average — an all-time high — per a new report from New York State Comptroller Tom DiNapoli published on Thursday.
Sherwood News
According to DiNapoli, last year’s record $49.2 billion bonus pool (estimated using income tax data without including stock options or other deferred compensation) reflects Wall Street’s “strong performance for much of last year, despite all of the ongoing domestic and international upheavals.”
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