For Alex Bogusky, Money is Never an Issue

crispin_porter_alex_bogusky_564.jpg

In every career, there are always a few times we’d all like to just get up and leave. Trouble is, we have to eat and we need a place to live hence the perpetual need for money. So no matter how much we might hate our jobs, leaving isn’t always an option.

Unless, of course, you are someone like Alex Bogusky who, as we all know, has left MDC to “pursue a number of issues apart from advertising.” With an annual salary of $2 million, the man certainly has a cushion. But, as BNET’s Jim Edwards uncovered, the $38,974,000 MDC paid as earnout to agency founders, Bogusky is set for life.

We’re not complaining. We’re not jealous. The man is a major figure in the advertising industry and has contributed much to the business. Of course, parting with $38,974,000 “in these economic times” never sits well with the industry’s hoi polloi.

Picture of Steve Hall

Steve Hall

RECENT ARTICLES

TRENDING AROUND THE WEB

People who do their best work in the early morning aren’t more disciplined — for some, it’s simply the one hour before the day has had a chance to talk them out of anything

People who do their best work in the early morning aren’t more disciplined — for some, it’s simply the one hour before the day has had a chance to talk them out of anything

Global English Editing

8 things thoughtful hosts do that guests never notice but always feel

8 things thoughtful hosts do that guests never notice but always feel

Hack Spirit

9 subtle mistakes well-meaning grandparents make without realizing it

9 subtle mistakes well-meaning grandparents make without realizing it

Hack Spirit

Studies on helicopter parenting link the behavior to parents’ own fear of danger and discomfort with separation, complicating the popular idea that constant helping is simply an extension of love

Studies on helicopter parenting link the behavior to parents’ own fear of danger and discomfort with separation, complicating the popular idea that constant helping is simply an extension of love

Global English Editing

A vocabulary that keeps quietly expanding well past someone’s twenties isn’t just a love of words — it’s the one measure of intelligence psychologists have trusted for a century because it tracks so closely with how a person actually thinks

A vocabulary that keeps quietly expanding well past someone’s twenties isn’t just a love of words — it’s the one measure of intelligence psychologists have trusted for a century because it tracks so closely with how a person actually thinks

Global English Editing

An Adobe survey found 69% of workers say emoji use makes a coworker seem more likable — and the reason has more to do with replacing missing body language than making a message friendlier

An Adobe survey found 69% of workers say emoji use makes a coworker seem more likable — and the reason has more to do with replacing missing body language than making a message friendlier

Global English Editing