This Is How Much Gerry Harvey Gets Paid By Harvey Norman

Gerry Harvey loves to complain, whether it's about high hourly rates that don't exist, unspecified red tape or online competitors who would actually be cheaper than his stores even if they were forced to charge GST. One thing he probably isn't complaining about? His annual salary as Harvey Norman chairman.

Picture: Getty Images

In the last financial year, Harvey took home $1,029,300. That's a lot of money, though in the ranking of CEO pay for ASX 100 companies, it actually places him at the relatively lowly position of #96.

That's not Harvey's only source of income, of course, and even if he quit tomorrow, he'd be very comfortably off. The BRW Rich 200 estimates his worth at $1.5 billion dollars. The next time he complains about how selling online is unfair or that chefs get paid too much, it's going to be hard to resist pointing out that he's hardly gone broke because of current business practices.

The 10 Best-Paid CEOs In Australia [Business Insider]

Originally published on Lifehacker Australia


Comments

    What is the point of this? His wealth/remuneration has what to do with the various gripes he has?

      Complaining that his business is dying while personally collecting more money in a year than the majority of his employees would see in 20? I'd say there's a direct relation.

    A CEO of a big company across all of Australia has a large pay packet... And the new news is?

    Last edited 18/09/14 1:45 pm

    Anybody richer than me is a wanker, just saying.

    I go to Hardly Normal to inspect items I plan on paying less for online.

    I've never purchased anything at a Harvey Norman. Why would you pay those prices?

      So middle class folk can rub elbows with those who have more money than sense and are happy spending $1900 on a washing machine.

      Seriously, I walked in to the shop to get a washing machine, thinking it would cost me at most $600 for a standard top loader washing machine. Nope; cheapest they had was $900 and that was for a 4kg LG thing.

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