In reality, Xi's family has been able to accumulate assets worth hundreds of millions of dollars, according to a Bloomberg News report.
Michael A. Volkema, the company's chief executive, was required to amass a stock position equal to 12 times his base salary within five years, and executive vice presidents were required to accumulate stock worth six times their annual base.
The program is ambitious enough so that if the stock appreciates at 10% per year, a reasonable scenario given past performance, an employee who now earns $30,000 per year could accumulate shares worth nearly $400,000 after taxes over a 30-year career.
Choi Soon-sil runs two non-profit foundations that prosecutors say used their ties with the president to accumulate donations worth $70 million from major Korean companies.
White families have accumulated wealth worth about six times that of black families.
Bank of Cyprus, the island's largest commercial bank, accumulated €2.4 billion worth.
The European commission estimates that the entire energy-intensive sector will have accumulated allowances worth €7bn-€12bn by the end of 2012.
"Money and wealth are two different concepts," he counseled his workers, some of whom have accumulated stock worth millions.
SAC accumulated $700 million worth of Elan and Wyeth shares, making it one of the fund's largest bets.
In the two years leading up to the conference, the billionaire hedge-fund manager Steven A. Cohen had accumulated hundreds of millions of dollars' worth of Elan and Wyeth stock.
In October2012, the New York Times was blocked for revealing that Wen's family had accumulated assets worth $2.7bn during his years as premier.
