EDITORIAL: Nothing comes in the way of SA executives’ rich pickings
Neither snow nor rain nor heat nor gloom
There was a time when if you wanted to become fabulously wealthy you would have to discover some valuable resource or invent a remarkable new device. Failing that you would have to be an outstanding and energetic entrepreneur who not only scraped together all his or her own and friends’ savings, but also worked endless hours day and night. And be lucky. Now, thanks to a flourishing and extremely well-paid remuneration industry and the growth of public-listed companies, it has become much easier to enter the ranks of the fabulously wealthy. The combination of a thriving remuneration industry and listed companies without controlling shareholders provides lucky executives with the opportunity to pick up the sort of fortune that, after a few short years, will allow them and two or three future generations to live a life of unemployed bliss.
The critical part of the process is clawing your way to the top; this requires a mixture of hard work, competency and the ability to manage ...