Walmart CEO's Staggering Pay: Rs 1.4 Lakh Every 30 Minutes Fuels Pay Gap Debate

• Outgoing Walmart CEO Doug McMillon earned $27.5 million (Rs 248 crore) in his final year, translating to Rs 1.4 lakh every 30 minutes.
• His compensation included a $1.5 million base salary, $20.4 million in stock awards, and $4.4 million in non-equity incentives.
• McMillon's journey from an hourly warehouse worker in 1984 to CEO is often highlighted, now earning $3,127 (Rs 2.6 lakh) per hour.
• The CEO's earnings highlight a significant disparity: he earns the average American worker's annual salary in under 20 hours.
• This executive pay trend, also seen with Apple's Tim Cook and Tesla's Elon Musk, intensifies the debate on income inequality.

Why It Matters: Walmart CEO's massive final year compensation reignites the debate on executive pay and income inequality.