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Billionaire Bruce Wasserstein
Bruce Wasserstein is the chairman and chief executive officer of Lazard, Ltd. and Lazard Group. But as average Americans worry about the economy, jobs, and the credit crunch, Billionaire Bruce Wasserstein is doing better than even his Wall Street peers.
Lazard recently agreed to pay Bruce Wasserstein $96 million, mostly in restricted stocks that vest of five years. See how his contract compares with other Wall Street peers last year, in a Portfolio Magazine interactive feature.
In February 2008, Portfolio Magazine estimated Bruce Wasserstein's net worth at more than $2 billion.5 Wasserstein has received $466.2 million from Lazard since the firm went public in 2005. This includes $292 million from the Lazard IPO in 20056, plus salary and bonuses.
Bruce vs. the Underpaid Worker
Compare Bruce's lifestyle to that of a worker at a Lazard-affiliated Atria Senior Living. »
Bruce's Big Busts
How Wasserstein Failed his clients »
Read what Wall Street reporters and bloggers are saying about Wasserstein's big paydays. »
But what of his "humble" beginnings? Learn more about Bruce Wasserstein. »