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RE: Madonna has a bigger salary than Bill Gates?
It's a complicated procedure, most founders of companies are an employee of their company, but they don't really need to draw a salary. However, in order to be able to represent the company, they need to be an employee, in order to be an employee they have a "symbolic" wage that doesn't really mean much.
They get most of their money because they have millions of shares and options in the company.
Bill Gates may just donate his salary to charity or something.
Madonna is signed to a label, and the label, pretty much organises everything for her, such as records, tours, promotion, merchandise, etc. Usually in conjuction with management firms and other people that represent Madonna.
But since the record label basically "owns" the Madonna brand, all the money will first go the label, then from the label to Madonna, so she in effect receives all the money as a salary.
Remember, there is a difference between your salary and your income.
This post was edited on 02-07-2007 at 07:43 PM by saralk.
The Artist Formerly Known As saralk
London · New York · Paris
Est. 1989 | 
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