Quote:
Originally Posted by oldjudge
The highest salary Wagner ever had was $10,000. That was roughly 25x the average US salary. That probably means that he could live well, but not be in the mansion class. Imagine how one would live today if their salary was 25x the national average.
|
The purchasing power of $10,000.00 in 1908 is equivalent to approximately $286,000.00 today. Accordingly, I’m sure Wagner lived very well, but nowhere near today’s superstars.