Did you know that two 17-year and 20-year old sisters make more money on Social Media than most of America’s CEOs ? Only in America… America needs to be rebranded the United Ladies Garage States: where women rule and men are squirrels.
From the Wall Street Journal:
“Charli D’Amelio, who started posting videos of herself dancing on TikTok in 2019, brought in $17.5 Million last year, according to Forbes…By comparison, median pay for chief executives of S&P 500 companies was $13.4 million in 2020. Ms. D’Amelio’s compensation was higher than several CEOs of big publicly traded companies, including Exxon Mobil’s CEO Darren Woods ($15.6 million in 2020), Starbucks’s Kevin Johnson ($14.7 MM), Delta Airlines’s Ed Bastian ($13.1 MM) and McDonald’s Chris Kempczinski’s ($10.8 MM).
Charli’s older sister, Dixie brought in $10 MM. That rivals the pay of Southwest Airlines CEO Gary Kelly. “
Joseph Pisani, The Wall Street Journal
“They’re really building business empires”, said Mae Karwowski, CEO and Founder of influencer marketing agency Obviously.
“Analysts say brands find the millions of followers of TikTok stars irresistible. Their followers are obsessive.” said Krishna Subramanian, CEO and co-founder of social media data company Captiv8. He said TikTok influencers at times have stronger followings than fans of Hollywood stars.”
WSJ
We should ask these girls about NY Resolutions (we gave up resolutions years ago) and I’m sure they will sell us some of their products.