Rich people are just like us, in that they enjoy simple pleasures: Good food, vacations, and joining corporate boards. They simply can’t get enough of being on corporate boards—or sometimes charity boards, or museum boards. If you are truly an elite, you simply must be on a board or two, to demonstrate how sought-after your expertise is. Ex-politicians, in particular, love joining corporate boards, which happen to often come with a nice paycheck. In 2013, the average paycheck for directors at S&P 500 companies was $251,000; a 2016 Bloomberg report on ex-lawmakers joining corporate boards found they earned an even …read more
Source:: The New Republic
