When you think of the most highly-paid corporate executives – those make thousands of dollars each year in compensation – you’ll most likely envision the leaders of hedge funds pharmaceutical companies as well as private equity companies, investment banks and tech monopolies.
It’s unlikely that you’re picturing an Hollywood Talent agent. Particularly an agent who isn’t in media, popular as the source of the Jeremy Piven character on “Entourage.” Ari Gold character on “Entourage.”
This is exactly what happened in 2021. Ari Emmanuel, the co-CEO of Endeavor has earned a huge amount of money in 2021.
This is the most exciting part The truth is that for the past several years, the incomes paid to Hollywood’s top agents and entertainment executives were kept a secret. However, things changed in the in the last year. Endeavor, perhaps the most powerful among agencies, including the Hollywood agents for talents, was made to the public.
In the wake of becoming public The company is legally required to publish annual disclosures detailing the amount its co-CEOs, Ari Emmanuel and Patrick Whitesell, earned in the preceding year.
According to the first of these reports In 2021, Ari Emmanuel’s compensation total came at…
$308 million
Of that the base salary and $10 million came from a cash incentive while $293.7 million was a grant of stock options.
Ari’s co-CEOÂ Patrick Whitesell, Ari’s co-CEOÂ has earned $123 million.
Endeavor is most likely best known for its huge collection of stars from the A-list, including, Ben Affleck, Christian Bale, Matt Damon, Denzel Washington and numerous others.
You may also want to learn that Endeavor also holds the following assets:
- The UFC
- It is the Miss Universe pageant
- ELeague (an E-sports company)
- Euroleague Basketball
- The Professional Bull Riders Association
The $308 million earnings put Ari Emmanuel in the upper levels of corporate pay in 2021. The only executives to earn more than Ari for 2021’s earnings were co-CEOs of the private equity firm KKR & Co.
The co-CEOs, Joseph Bae and Scott Nuttall made the sums of $560million and $523million respectively, in 2021.
What’s the takeaway here? Contrary to what entrepreneurs’ gurus want their readers to believe in, there’s an opportunity to earn a ton of income as a salaried corporate employee. If that’s the case now, don’t lose the possibility of success!
