Even the oligarchs sometimes struggle. Just ask UnitedHealth Group CEO Stephen Hemsley.
Last year, the middleman business' biggest middleman suffered a 70 percent pay cut.
Last year, Helmsley's pay amounted to a meager $21 million. It was a far cry from his take the year before, when he pulled in a whopping $66 million.
Hemsley's annual salary of $1.35 million has remained unchanged since 2006. But last year's haul also included almost $4 million in incentive pay and $15 million in exercised stock options.
The latter's where his pay cut comes in. In 2014, he cashed in almost $61 million in stock, which is where he makes the real money.
Hemsley scored about 104,000 new stock options last year. UnitedHealth currently trades at around $133 per share. Which means he was given a tidy $13.8 million to play with at a later date.
Hemsley first joined UnitedHealth in 1997. He became CEO nine years later. In 2010, he was reported to be the country's highest paid executive, pocketing almost $102 million.
To put Hemsley's CEO largesse into perspective, consider: Prince's fortune has been estimated to be as much as $300 million, amassed over nearly 40 years.
In one decade, UnitedHealth, a company that produces nothing but paper, headaches, and heartbreak, has paid its leader about the same.
More from News