DreamWorks Rents A Billionaire For Just $1 A Year
Today's THR reports that bite-sized DreamWorks mogul Jeffrey Katzenberg, in an act of selflessness that will no doubt be adopted by his peers in the entertainment industry, accepted just a single damn American dollar in compensation last year, having waived a generous stock grant that cleared the way for for the company's president and chief financial officer to pull in $7 million for his services. Now that news regarding Katzenberg's ostentatiously modest salary has come to light, we finally realize why he was so heartbroken by the meager $2.7 million he was granted back in February after some faulty Goodyear heating hoses ripped the very soul out of his $28 million Deer Valley chalet; with a mere one-dollar income, he can obviously no longer afford the extensive vacation home repair project on his own, and soon he'll be forced to turn to his billionaire DreamWorks colleagues for loans, which they'll hand over with the humiliating condition that each restored room bear a commemorative plaque touting their assistance. Each time Katzenberg cries himself to sleep in the David Geffen Master Bedroom, he'll regret his ill-advised act of corporate self-sacrifice.
[Photo: Getty Images]