Lots of people would want to be a millionaire. But, how can you earn a million dollar salary? Well, jobs in finance, business, and entertainment are among the best compensated, yet not all working in such fields would take home a million dollar salary. Less than one percent of people across America are pulling down seven figure income yearly. Even in the industries where high salaries are common, they are still not the norm and might take years before they work their way up to the pay scale. However, below are the jobs that will help you earn a million dollar salary:
- Corporate CEO
Average CEO basically earns about $175,000 annually. However, other chief executives earn more. In fact, there are others who earned million dollars within a year. But, it depends on what industry he or she is working on. For instance, the CEOs of the companies including American Express, Boeing, Target, and Qualcomm earned more than twenty million dollars every year.
- A-List Actor
Celebrities who are bankable may take home million dollars paychecks. For example, in 2015, Robert Downey Jr. earned $80M, which made him the highest paid actor across the globe. He took home a total of $40M for his appearance in a movie and Jackie Chan also made $50M as part of the movie Dragon Blade, which basically made $120M in China.
- Screenwriter
Screenwriters who are successful may earn $1M or more for scripts and about $500,000 for script touch-ups and rewrites. The usual writer was not taking home a 5-figure income. Median earnings for the writers were $125,000 only.
- NBA Player
Professional basketball players are said to be among the best-paid athletes with about $5.15M annual salary. While huge earnings of basketball players like Lebron James and Kobe Bryant skew that number, majority of NBA players earn more than a million dollars every year.
- Law Firm Partner
Being a law firm partner could translate to huge amount of money for lawyers. Partners in various law firms can earn about $1M every year. Those who have been a partner for many years earn more than the average salary of law firm partners.
- Banker
You do not need a job in C-suite to earn a million dollar salary on the Wall Street. Managing directors at investment banks earned a million dollar salary a year plus some bonuses that they can earn.
Earning a million dollar salary can be challenging and may not be simple. However, if you are determined to be a millionaire and would do anything to earn million dollar salary, try one of those jobs listed above. If your chosen career isn’t near from those of the listed jobs, there are other ways on how to be a millionaire. You can launch your own business or you can sell your products or services to companies. Although it will not make you earn a million dollar salary instantly, you will be in the long run.