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

Psychology says people who crush their cans after drinking often show these 7 traits

Psychology says people who crush their cans after drinking often show these 7 traits

Global English Editing

If you use these 10 phrases on a regular basis, you have a very strong personality

If you use these 10 phrases on a regular basis, you have a very strong personality

Global English Editing

7 signs a woman is emotionally intelligent—even if she avoids deep conversations

7 signs a woman is emotionally intelligent—even if she avoids deep conversations

Global English Editing

10 outdated beliefs boomers still pass on (even though they’ve aged poorly)

10 outdated beliefs boomers still pass on (even though they’ve aged poorly)

Global English Editing

10 signs someone is trying to keep their distance from you, even if they don’t say it

10 signs someone is trying to keep their distance from you, even if they don’t say it

Global English Editing

People who laugh at their own jokes often possess these 10 surprisingly unique qualities

People who laugh at their own jokes often possess these 10 surprisingly unique qualities

Global English Editing