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Nice Work, If You Can Get It

By

What if you could just show up to someone's 25th birthday party and make $10 million for it?

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The CEO of an S&P 500 company made an average $14.78 million in total compensation in 2006, according to a preliminary analysis by The Corporate Library.

  • Time Warner (TWX) CEO Dick Parsons clocked in at a cool $10.7 million.

  • Charles Prince of Citigroup (C) took home $13 million.

  • Frederick Smith of FedEx (FDX) cleared $36.4 million.


But, these guys had to work for their money.

What if you could just show up to someone's 25th birthday party and make $10 million for it?

Michael Jackson is.



According to Britain's Daily Mirror, Brunei's Prince Azim (the Sultan's son) is paying Jackson $10 million to attend his birthday party in England this weekend. And he doesn't even have to sing.


Prince Azim, center

That will be handled by Dionne Warwick (!), for the paltry sum of $500,000.


Who better to entertain a 25 year-old than Dionne Warwick?

Other guests will include:

  • Pamela Anderson



  • Mick Jagger's ex-wife Jerry Hall



  • Kate Moss



  • Faye Dunaway



They won't be getting paid for showing up, but they will receive goodie bags filled with diamond jewelery, Bose electronics, iPods and $800 tubs of Creme De La Mer face cream.

The prince's handlers are reportedly attempting to persuade Barbra Streisand to attend, as well.


Will she break the prince's heart? The world wants to know…


What if Babs can't make it?

Not to fear, Azim. There are plenty of other interesting options:

  • For $100,000, you can get Alan Greenspan-and a speech. Maybe even a song.




  • Gordon Bethune, former CEO of Continental Airlines (CAL) charges $50,000 per appearance-and can probably hook you up with future upgrades.




  • Jack Welch will attend for $150,000. Suzy Wetlaufer comes free.




  • George Bodenheimer, president of ESPN and ABC Sports will show up for $40,000.




  • Like flowers? $25,000 gets Jim McCann, founder and CEO of 1-800-Flowers.com.




  • Or, for the intellectually-minded guests at the party, consider William Safire at $20,000.


If it were my money, I'd bag Jackson and snag Greenspan. If you're lucky, he might even advise you on how to invest the $9.9 million you'd have left over.


No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

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