[pessimizer]

That's wealth. 1% income is $388K. Average wage income of people at the 99th percentile is relevant here, also. To assume that 100% of this person's income is coming from wages is probably a wrong assumption, esp. in this market.

[pc86]

Plus he mentions in the article (technically, in a comment) that his quarter-million figure includes insurance, 401k, discounted ESPP, and stock (which has a 1-year vest). It's not at all unbelievable that his actual salary could be as "low" as $150k.