I don’t get why he’d do that. That’s a nearly 3 hour commute each way, so about 5-6 hours in the air each day.
Add to that, a charter jet company quotes the price for that flight at ~$18,000 each way. Maybe reduce the cost of that flight in half, but the yearly bill for transportation alone is going to be in the range $25,000,000+ per year. No CEO is that valuable.
Where does $25M come from? ~260 work days in a year, and using the full 18k each way, is a little under $10M: $18,000×2×260 = $9,360,000
Still a ridiculous transportation bill, of course…
Edit: I think you increased the 18k by a factor of two instead of decreased, and used all 360 days instead of weekdays: $18,000×2×2×360 =$25.92M
Add to that, a charter jet company quotes the price for that flight at ~$18,000 each way. Maybe reduce the cost of that flight in half, but the yearly bill for transportation alone is going to be in the range $25,000,000+ per year. No CEO is that valuable.
That is sort of like arguing that “no medieval Duke or Baron is that valuable.” Guys as rich as him are part of the owning class. They live in a completely different world than the rest of us and most of those positions are decided by nepotism. The MBAs working under the C-suite do all the real work of managing the company while the C-suite types fly around the world, play golf, party on yachts, etc.