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News Note: Is Frank Stronach 688 years old?

Magna CEO attributes longevity to not smoking, not drinking and working long hours at minimum wage. And it must be working, because he doesn't look a day over 687.

  CCPA / CALM - Auto parts magnate Frank Stronach has tried to justify his $43.2 million salary (the highest in the country) by saying he's smart, and he's worth it. He recently made the following claim: "If I added up all the hours I've spent working over the past 40 years, I probably haven't made much more than the minimum wage."
  Is this possible? Or is it just hyperbole? Let's do the math.
 

Stronach hard at work at his minimum wage job

Frank Stronach hard at work at his minimum wage job

  At the highest minimum wage in Canada ($7 an hour, in British Columbia), it would take Stronach - even if he could work 24 hours a day, every day of the year - 688 years to earn $43.2 million! He doesn't look that old.
  To view it another way, if the Magna International CEO had worked every hour of every day for the last 40 years, his $43-million-plus salary would amount to about $123.20 an hour.
  Maybe Stronach can tell us where he finds a minimum wage like that. We'll gladly pass the information along to those who now have to settle for $7 an hour, or less.

From www.calm.ca/humour.html.

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