Filed under: Wealth
Filed under: Services
Metro, the free daily paper, reported in its June 25 edition that a bunch of NYC people you may never have heard of are making more than most of us can dream of. No. 1 on the list of New York's highest-paid CEOs in 2008, according to Crain's New York Business, is Alliance Bernstein's Peter Kraus, pocketing $52.538 million; No. 2 is Gamco Investors's Mario Gabelli, pocketing $45.927 million; and No. 3 is Philip Morris's Louis Camilleri, pocketing $43.229 million.
I couldn't access the full list (you need a subscription to Crain's, or you can buy the report here), but the Metro article did note that there are only four women in the top 100: No. 26, Avon Products's Andrea Jung, $12.9 million; No. 37, PepsiCo's Indra Nooyi, $9.9 million; No. 72, Ann Taylor Stores's Kay Krill, $5.7 million, and No. 79, The New York Times Co.'s Janet Robinson, $5.3 million.
And I was happy to get a few thousand back on my taxes this year.
Filed under: Dining
Celebrity chefs may make a fortune but chefs across the country make more modest salaries and those salaries got a little smaller in 2008. StarChefs.com, the online magazine for culinary insiders, recently conducted its fourth annual Salary Survey and found that after four years of increases culinary industry salaries dropped. Executive chef salaries went from $77,611 to $74,869, a drop of 3.5 percent. Chef/owners saw an even bigger decline, a change of 9.7 percent, from $94,288 to $85,179. But even they aren't suffering as much as the pastry chefs. The masters of sugar and chocolate saw their salaries slide nearly 13 percent from an average of $53,017 to $46,228 below the US median household income of $50,740.
If you want to make money as a chef, aside from getting your own television show or book deal, the money is in being an executive chef at a country club or a hotel where salaries are significantly higher. A hotel executive chef makes an average of $84,443, a country club chef makes $81,328 but an executive chef at an independent fine dining restaurant brings in an average of $74,620. Chefs in big cities make the most but surprisingly Miami has the highest reported average salary for executive chefs at $90,333. You can read the full report at the Starchefs website.
Given the current state of the economy and the fact that many are looking to take dining out off their lists of expenses, 2009 isn't likely to bring an uptick in these numbers.
Filed under: Celebrity Shopping
So we all know models make a lot of money, but do you know just how much? And if you had to guess which one was making the most money right now who would you pick? I just love the lists Forbes comes up with, and here's another great one of the world's top earning models. Its list has a total of 15 of the wealthiest models, and I've included the top 10 here: